If you are new to contracting, you will need to learn about IR35 legislation and how it applies to your temporary assignments. In this article, we explain what IR35 is, and what it means to be “inside IR35” and “outside IR35”.
The Construction Industry Scheme (CIS) sets out special tax rules for contractors and subcontractors involved in construction work. Continue reading to discover why you should consider a CIS-registered limited company for your construction career.
Changes to off-payroll (IR35) working in the private sector came into effect on 6th April 2021. While they didn’t mean the end of contracting through a limited company, it does mean that the supply chain must work together to ensure HMRC compliance is satisfied. Our latest blog looks at Status Determination Statements (SDS) and provides an overview of what they are, and why they’re so important.
Being a contractor with a limited company comes with a few responsibilities, including filing an annual set of statutory accounts with Companies House and HMRC. Find out more about annual (yearly) accounts and when you are due to complete and file them.
Contractors working in the public sector can no longer determine their own IR35 status as of the 6th of April 2017. If you work in the public sector, your public sector client is responsible for determining your IR35 status and should take reasonable care in making the assessment.
The Bounce Back Loan Scheme (BBLs) was introduced during the coronavirus pandemic by the UK government to offer financial help to businesses struggling due to COVID-19. Continue reading as we discuss what support is available for your business if you cannot repay your Bounce Back Loan (BBL) and if you can close your limited company with an outstanding BBL?