How offset mortgages can offer flexibility to contractors
Offset mortgages can offer great flexibility for contractors, and can also save tax. An overview of what offset mortgage are, and how best to make use of them.
IR35 – what is the 5% allowance?
If your IT contract work is caught by the IR35 rules, you will receive most of your income in the form of a deemed payment, net of a standard 5% allowance to cover administrative expenses.
Security clearance guide for IT contractors
What is security clearance, and why is it required for certain Government IT contract roles?
How to register for VAT, and invoicing prior to receiving your registration number
When you set up as a ltd company contractor, you will typically apply to become VAT registered. So, how does this process work?
What makes a successful interim manager?
Speaking to Contract Eye, Jason Atkinson, chairman of the IMA, explains what it takes to become a successful interim manager. Why is being able to conform an essential characteristic of…
How to value your skills and negotiate the best contract rates
The ability to successfully negotiate your contract rate with clients and agents will serve you well in your career as a contractor. Here are some things to bear in mind when working out how much to charge for your skills.
Limited company dividend tax – before 6th April 2016
If you are a limited company shareholder, how do you calculate the personal tax payable on dividends you receive?
HMRC’s Contract Review Service – a no-win situation?
New HMRC IR35 guidance contains a section dedicated to the IR35 'Contract Review Service'. Here an expert considers whether using the service still carries significant risk.
If the number of status enquiries is so low, why bother taking out IR35 protection?
There has been a startling drop in IR35 status enquiries in recent years. With this in mind, why should contractors bother taking out contract reviews and IR35 insurance protection?
BN66 – an overview of the offshore tax avoidance rules
In March 2008, the Chancellor launched a crackdown on the 'abuse' of double taxation treaties which exist between the UK and other countries. An overview of BN66.