IT contractors and Capital Gains Tax (CGT)
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?
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 2026/27.
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?
Guide to benefits in kind and the P11D form for contractors
If you are an employer, you need to file an annual P11D form for employees who received any benefits in kind from the company during the previous tax year.
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.
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.
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.
Can I gift a share in my company to my wife? Are there any tax consequences?
The issue of splitting limited company shares with a spouse or partner has been the subject of much confusion and debate over the past few years.
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.
Can I pay my husband/wife a salary from my limited company?
If you work via a limited company, you may want to pay your spouse a salary. An accounting expert tells us what the tax and payroll implications are.