IR35 DELAYED – WHAT HAPPENS NOW?
IR35 reforms have been delayed until 2021 due to the Coronavirus pandemic. What does this mean to contractors?
Budget 2020: What did it mean for contractors?
Today’s Budget included confirmation that IR35 reforms would go ahead. Here’s our summary of the key features of the Budget.
Pay Into Your Pension With Our Umbrella
Did you know, if you switch to our Umbrella, you can continue to contribute to your personal pension scheme or SIPP? That means you can use our Umbrella without having to change any of the plans you’ve made for your retirement.
IR35 Reforms & Contracting for an International Business
Here we explain the government’s latest IR35 announcement which affects contractors working for international businesses.
FREE UMBRELLA FOR OUR PSC CLIENTS
Enjoy the best of both worlds. Toggle between PSC and Umbrella with our easy-to-use service. What’s more, if we look after your PSC, you can use our Umbrella for free.
Think Twice Before You Close Your PSC
If you are affected by the IR35 reforms, you will need to consider whether to continue to operate or close your PSC. While the reforms are not due to come into effect until April 6th, we are already seeing a number of large companies, particularly in the banking sector, announcing their intention to treat all…
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…
What is classified as ‘goods’ when determining if you are a limited cost business after 1 April 2017?
One of the most frequently asked questions from our clients on the VAT flat rate change for a limited cost business is: “what is counted as ‘goods’ when determining if they need to use the higher rate of 16.5%?” According to HMRC guidance, ‘goods’ are movable items or materials exclusively used in your limited cost…
5 common mistakes to look out for in your Self Assessment Tax Return
Completing and submitting your Self Assessment Tax Return (SATR) can seem like a daunting task, but having it prepared well in advance of the 31st January deadline will make your life so much easier. If you miss the deadline you will be subject to a penalty, and this sum will only increase the longer you…
PENSION PLANNING WHEN TRANSFERRING FROM PSC TO UMBRELLA
What happens to your pension if you switch from working as a limited company contractor (PSC) and join an Umbrella company?
AWR (AGENCY WORKER REGULATIONS) EXPLAINED
If you are affected by off-payroll reforms and are considering alternatives such as Umbrella employment, it’s helpful to understand AWR.
Budget highlights for contractors and freelancers
On Wednesday, the 2016 Budget was presented to MPs in the House of Commons. This year’s Budget has reiterated the government’s intention to clamp down on those they perceive to be avoiding taxes. We are yet to receive definitive information on many of the topics relating to contractors and the self-employed; however, the imminent release…