National Insurance (NIC) guide for IT contractors
Employers and employees must pay National Insurance Contributions (NICs) on all salaries. Here we look at how the rates are calculated in 2025/26.
IT contractors and company car tax – with examples (2025/26)
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.
Can your limited company claim the Employment Allowance (EA)?
Your company may be able to reclaim up to £10,500 of Employers' National Insurance Contributions from HMRC each year, thanks to the Employment Allowance.
Limited company tax basics for contractors
A concise guide to the taxes you will encounter as a limited company contractor - Corporation Tax, VAT, National Insurance, Income and Dividend Tax.
Which training expenses can you claim via your company?
Ongoing training is key to enhancing your existing skills, and sourcing new work, but which training costs can you claim via your company's tax bill?
Self-Assessment – how do payments on account work for contractors?
As a limited company contractor, you need to set funds aside for your annual tax return liability, which is where ‘payments on account’ come into play.
Will your new accountant charge to form a limited company?
Most accountants can set up a limited company on your behalf, either for free if you're appointing them as your accountant, or for a fixed fee.
What salary should I pay myself as a limited company contractor?
One of the most common questions asked by limited company contractors is what level of salary they should pay themselves.
Are contractors better off using the Flat Rate VAT scheme?
Are limited company contractors generally better off registering for the Flat Rate VAT scheme, or the standard VAT scheme? Includes details of the Limited Cost Trader exclusion.
HMRC tax codes – quick guide for limited and umbrella contractors
This guide explains what tax codes are used for, some typical ones, and what to do if you think your code is wrong.