Market update – a very merry Christmas for contractors

In the latest Report on Jobs released by the REC/IHS Markit, the past month has been favourable for contractors. Data gathered from consultants and employers revealed that temp billings and pay rates saw a healthy increase for temporary staff. The growth of temp billings was, in fact, the sharpest rise reported in 2 years. Around…

Work smarter not harder – 5 top gadgets for contractors this Christmas

Are you excited for the festive season but still can’t decide what to tell your friends and family to get you for Christmas? Or maybe you just fancy treating yourself! We’ve come up with a list of top gadgets for contractors that we think would be great for Christmas. In the modern business world, most…

How to claim tax relief from charity donations and Gift Aid

While it’s exciting to prepare for holiday celebrations with your friends and family, the festive season is also a time to stop and reflect on the joys and blessings of our lives and share this with those in need. If you are planning to make a donation to a registered charity there are some opportunities…

Annual Christmas Party Expenses for Contractors

As we are now weeks away from Christmas, and the holiday season is in full swing, we cover the most common queries about festive and annual event expenses.   Annual Christmas party as deductible expenses Your limited company can claim its festive or annual party as deductible expenses for corporation tax purposes. The cost of…

Demand for IT contractor skills hits a dramatic high

The overall demand for skilled candidates was revealed to still be significantly increasing, as of November, according to the monthly Report on Jobs by IHS Markit/REC. Consultants were asked to report on the availability of contractors and the latest index result was 39.6. Index readings below 50 indicate a lower availability than the month before,…

Autumn Budget 2017: Highlights and Key Announcements

Chancellor Philip Hammond presented his Autumn Budget 2017 to the House of Commons on Wednesday, 22nd November 2017. It outlines the government’s plans for spending, borrowing, taxes and other fiscal measures. Please find below a summary of highlights and key announcements we think are most relevant to contractors and freelancers in the UK. Please note…