The first major warning came from former HS2 contractor James Horabin in June 2018. In an exposé published by ...

Contractors who work through their own contracting limited company can potentially save a significant amount of money by becoming VAT registered. Umbrella contractors can also benefit to a lesser ...

The simple NI/PAYE calculator allows you to calculate PAYE/NI on the salary that you pay yourself out of your limited company. Our tax calculator uses tax information from the tax year 2014 / 2015 to ...

Contractors can claim travel expenses from their limited company, which can in turn enjoy corporation tax relief, when working on a client’s site.But this is only possible for as long as a contractor ...

The right of any business, including contractor limited companies, to claim interest on unpaid bills from customers and clients is enshrined in UK and European law.. The Late Payment of Commercial ...

Calculate the Value Added Tax (VAT) you charge on invoices for services delivered to your clients. Or calculate the VAT you can reclaim for products and services your company has bought. VAT is a ...

Contractors don’t need employment rights, but situations do arise where a long-term relationship between a contractor and a client starts to resemble having a job. If you are inside IR35, there is a ...

To exploit unused personal tax allowances, contractors running their own limited company and whose contracts are outside IR35 have often maximised net income by splitting the shareholdings in their ...

Contractor rates vary hugely across the different contractor sectors and the wide range of contractors roles within them. If you add to that the fluctuations in market demand and variable availability ...

Contractors who run their contracting business via a VAT-registered contractor limited company will find that, following rules introduced by HMRC on 1st January 2010, they do not have to charge VAT to ...

Contractors often incur expenses when delivering their services to clients, and some may also purchase goods and services on behalf of their clients. These expenses and Disbursements are treated ...