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 deductible 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…

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…

Budget Special: IR35

In collaboration with our partners Bauer & Cottrell, we are sharing an update on the highly anticipated IR35 in light of the latest Autumn Budget. Bauer & Cottrell are specialists that advise on IR35, tax and NIC status and have covered everything you need to know about what’s in store for off-payroll working in the private…

Ahead of the Autumn Budget – our take on IR35 half a year on

In the build-up to the Autumn Budget very much dominated by contractors speculating whether IR35 reforms will be extended to the private sector and seven months on from what experts have described as the change that would bring about the end of public sector contracting. We ask, “What have we learned in this time?” Recap…

The latest industry updates – Contractor demand on a high

It has been a turbulent few months in economic, political and social landscapes. For contractors, there have been huge variables from Brexit, to IR35 concerns that have influenced the state of the job market. Nonetheless, various sources including the IHS Markit/REC Report on Jobs indicate a soar in contractor demand. As a result of this,…