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.
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?
How do umbrella schemes charge for their services, and what should look out for when comparing the fees (margins) charged by different umbrella companies?
Our MS Excel Umbrella Company Calculator provides an accurate breakdown of deductions and taxes from your assignment rate. What is your net take home pay?
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'.
In this article, we look at IR35 and how it affects contractors. Why umbrella companies are the logical choice for contractors caught by the IR35 rules.
Important tax considerations to bear in mind when deciding whether to buy a company car, or claim a mileage allowance for business use of your own car.