Contractor Tax Guides

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.

You might have heard your accountant mention a “director’s loan account” in your limited company. What does this mean, and should you be concerned about it?

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.

One of the most common questions asked by limited company contractors is what level of salary they should pay themselves.

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.

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.

This guide explains what tax codes are used for, some typical ones, and what to do if you think your code is wrong.

At what stage do limited company contractors have to register for VAT?

This controversial tax rule reduces the amount of child benefit you are entitled to keep if you (or your partner) earns over £60,000 each year.

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.