How to deal with late payment problems
Here are some proactive steps you can take to maximise the chances of getting your invoices paid on time.
Contractor Mortgages / Pensions
Guides to the financial products available to contractors and freelancers – including:
- Contractor mortgages – you can now borrow as a multiple of your contract rate
- Offset contractor mortgages – how you can lower your interest bill
- Guide to contractor pensions – still a tax efficient vehicle
- Income protection – to protect your family if you fall ill
- Banking – how to compare providers and open a business account
For advice on mortgages, pensions and protection, we recommend you always use a contractor specialist. Get in touch with our long-term IFA partner, CMME.
Guide to securing a competitive contractor mortgage
How to get the best mortgage deals based on your contract rate alone, by using lenders who understand how contractors operate. Read more
More competitive loan deals for contractors as mortgage brokers merge
Several of the industry’s leading specialist brokers have joined together to create an enlarged mortgage group, and have unveiled an exclusive Clydesdale Bank fixed rate deal, which requires just a 10% deposit and daily rate of £217 or more. Read more
How IT contractors can benefit by investing in a pension
An overview of contractor pensions, and what to look out for when choosing a scheme provider. Read more
Choosing an IT contractor bank account
If you’re starting out as a limited company contractor, here are some tips for choosing the best business bank account for your company. Read more
Business bank charges – are contractors paying too much?
Many limited company contractors receive zero interest on their current account deposits – and derisory amounts of interest on their savings. Does this need to be the case Read more
Help to Buy mortgage scheme – overview for IT contractors
One of the more daring policy changes announced in the 2013 Budget was the implementation of a new ‘Help to Buy’ scheme, under which the Government will help prospective home buyers raise the deposits they require to secure a mortgage. Read more
Contractors warned over new HMRC mortgage verification scheme
A new scheme, originally launched last year but now increasingly being used by lenders, could cause fresh problems for contractors who are applying for a mortgage or remortgage. Read more
How can salary sacrifice arrangements reduce your tax bill?
Both umbrella and limited company contractors can benefit from significant tax breaks on pension investments. Our guide to salary sacrifice arrangements for contractors Read more
How to open a limited company bank account
If you are a limited company contractor, one of the first things you need to do is open a dedicated business bank account. We look at the steps you need to take complete the process. Read more