Contractor Tax Guides

Your company may be able to reclaim up to £5,000 of Employers' National Insurance Contributions (NICs) from HMRC each year, thanks to the Employment Allowance.

A concise guide to the taxes you will encounter as a limited company contractor - Corporation Tax, VAT, National Insurance, Income and Dividend Tax.

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.

Both your company, and its employees are liable to pay National Insurance Contributions on all salaries paid to staff. Here we look at how the rates are calculated.

An overview of Corporation Tax, what the current CT rates are, and how it applies to limited company contractors.

How contractors should account for VAT on their invoices before a VAT registration number has been issued.

A tax code - typically several numbers and a letter - is used to work out how much income tax should be deducted from an employee's salary.

A contractor recently sent in an question asking whether or not his wife needs to register to fill in a tax return, even though no tax will be payable on her dividend income.

As a company director, you’ll almost certainly have to file a personal tax return before 31st January 2021. Here we look at what you should, and what you shouldn't include on your self-assessment return.

The different options you will face when shutting down your company - keeping the company 'ticking along', applying for a voluntary strike off, or a members voluntary liquidation.