Chancellor Rishi Sunak will deliver the first Budget of the year on March 3rd. Given the fragile state of the economy, and the fact that the pandemic is far from over, there’s been some speculation that it might be delayed yet again.…
READ MOREWith limited government support available, many independent professionals are facing the prospect of more uncertainty regarding their contracts, future earnings and way of working. Although experts agree that temporary workers will be in demand in the medium-to-long-term as the economy recovers, the country is still very much in the grip of the Covid-19 pandemic.…
READ MOREMany of the companies who adopted blanket IR35 policies that forced contractors out of their limited companies and onto the payroll are reversing their decisions. The U-turn came after news that the government would be delaying the reforms until April 2021 in order to help businesses and contractors cope with the impact of coronavirus.…
READ MOREIf you’re a limited company contractor whose turnover exceeds the upper tax threshold of £85,000, then you’ll need to register your company for VAT. In the UK, VAT or ‘value added tax’ is currently added to most products and services sold in the UK at a rate of 20%.…
READ MOREContracting is a great option for those looking to increase their income whilst enjoying greater freedom and flexibility in their work.
As a contractor, you are essentially selling your skills to the end client much like they would buy resources from any other supplier.…
READ MOREEvery contractor struggling with their limited company accounts needs a good accountant – and not just a good accountant, but a good contractor accountant who understands you and your business. But what makes a good contractor accountant?
Here’s our guide:
They specialise in contractors
It may seem obvious, but an accountant who deals with contractors regularly will understand what you do.…
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