How to complete your self-assessment tax return
Take a look at our latest blog to find out more information about self-assessment tax returns, as well as the details you need to complete your self-assessment.
What is the VAT Flat rate scheme?
The VAT Flat Rate Scheme pays VAT to HMRC at a fixed percentage of the business’s annual turnover. Please continue reading to learn more about the VAT Flat Rate Scheme and how it impacts contractors.
Landlord guide: Property Investment Structures
There are three main routes you can take to set up your property investment business. Take a look at our latest article to discover what your options are and what the best route for you and your business.
Security clearance for contractors: What is it and why would you need it?
Security clearance, provided by United Kingdom Security Vetting (UKSV), is required by some personnel to have when carrying out work that involves accessing and/or handling sensitive information.
Do I really need a business bank account for my limited company?
This article answers the common questions regarding a business bank account and explains why it is essential to have a business bank account separate from your personal one.
What is a personal service company (PSC)?
A Personal Service Company (PSC) is a term often used to describe a limited company of which the sole or main shareholder is also its director, who, instead of taking up employment or working directly for the client, operates through their own company.
Limited or umbrella?
There are advantages and disadvantages to setting up your own limited company or contracting through an umbrella company. Continue reading to discover the benefits of each and to find out whether you are better suited to contracting via a limited company or an umbrella company.
Retainer Agreements: Are they worthwhile for contractors?
There are many benefits to contracting, such as the opportunity to expand your skills and knowledge set in your chosen area, variety in projects and clients, and more freedom in terms of when you work. However, contractors are more susceptible to periods of unpredictable income.
What should you consider when closing down your limited company?
With changes to off-payroll in the private sector legislation going live in April 2021, you may be considering the closing down of your limited company. Continue reading to discover the points you should consider when deciding whether closing down your limited company is the best option for your circumstances.
5 Minute Guide on How to Become a Contractor in the UK
Are you wondering how to become a contractor in the UK? Our 5-minute guide will help you get to grips with contracting and preparing for the next steps in your career.