Contracting and the loan charge – are you affected?
The 2019 loan charge is a retrospective tax law which seeks to collect taxes from anyone who worked via a contractor loan scheme in the past.
IR35 – Deemed Payment and the treatment of expenses
How to work out which expenses you can claim if your work is caught by IR35 - the 5% expenses allowance and how the deemed payment is calculated.
What is BADR (entrepreneurs’ relief)? Guide for company owners
If you dispose of or sell all or part of your business, you may be able to claim BADR on the proceeds and pay 18% instead of the standard CGT rate.
What are the pros and cons of IT contracting?
We look at the main positive and negative aspects of being an IT contractor, from the greater freedoms it brings, to the lack of security you might feel.
IT contractors and Capital Gains Tax (CGT)
If you make money from the disposal of assets, you might have to pay Capital Gains Tax on the proceeds. What is CGT and what are the current CGT rates?
Do umbrella company employees need to complete a tax return?
If you are an umbrella company employee, you might need to file a self assessment tax return - if you receive income which isn't taxed via PAYE.
Tide free business bank account – pros and cons for contractors
Tide offers app-based business accounts for contractors and small businesses. This article outlines how the Tide business account works.
Umbrella company margins – how much should you pay?
How do umbrella schemes charge for their services, and what should look out for when comparing the fees (margins) charged by different umbrella companies?
Relevant Life Insurance – tax efficient cover for limited company owners
Protect your dependants with a relevant life policy—paid by your limited company for significant tax savings of up to 50%.
Off Payroll (IR35) rules – what is the small companies exemption?
The Off Payroll rules came into play for private sector clients in April 2021. An exemption exists if a business meets the definition of a 'small company'.