Limited company directors – salary vs. dividends in 2019/20
As a limited company contractor, what is the most tax-efficient salary to pay yourself in the 2019/20 tax yer, and any staff you employ? Read more
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How to compare umbrella companies – 15 tips for contractors
If you’re decided to work via an umbrella company, you will be faced with a bewildering choice of providers. Here are 15 essential tips to help your compare umbrella companies. Read more
IR35 – a brief history of the Intermediaries Legislation
In this article, we look at the history of IR35 – from its first mention in early 1999, to the ‘off-payroll’ changes to public and private sector organisations in 2017 and 2020. Read more
Private medical insurance (PMI) for contractors
Contractors looking to cover themselves and any dependants for specialist and hospital treatment costs may be interested in find out more about private medical insurance (PMI). Read more
Which training expenses can you claim via your company?
Ongoing training is key to enhancing your existing skills, and sourcing new contract work, but which training costs can you claim via your limited company’s tax bill? Read more
5 reasons to consider taking out Relevant Life Insurance
As contractors do not receive the insurance benefits often provded to permanent employees, taking out a relevant life insurance policy is a tax efficient way to protect your loved ones. Read more
Budget 2018 – major changes to IR35 from April 2020
The stand-out announcement from the October 2018 Budget was the extension of ‘off payroll’ rules to most private sector businesses from April 2020 onwards. So, what does this mean for contractors? Read more
IT contractor expenses – what can you claim for?
If you are a professional contractor, you can claim back wide variety of expenses against your limited company’s tax bill. Here we look at the most typical contractor expenses. Read more
What are trivial benefits? Tax-free perks for directors and employees
What qualifies as a ‘trivial benefit’ according to HMRC and how you can reward your staff and company directors with a simple gift or benefit without them being taxed? Read more
Contracting and the loan charge 2019 – 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. Read more