Why don’t IT contractors set up as sole traders?
The most popular way to start up in business in the UK is as a sole trader. So why do IT contractors avoid this route, and work via their own limited companies or umbrella schemes?
Limited companies – what are the Articles and Memorandum of Association used for?
We look at two of the documents required when you set up a company, with particular reference to the Articles of Association.
A limited company owner’s guide to the Confirmation Statement
Most limited company contractors will be used to submitting an Annual Return (AR) each year to Companies House. This form has now been replaced by the 'confirmation statement', courtesy of the Small Business, Enterprise and Employment Act, which came into force on 30th June 2016.