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…
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…
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…
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.
K&B Christmas Party: we made it a December to remember!
We decided to end the year on a festive note by hosting a contractor Christmas Party for K&B clients and partners on Monday evening. It was great to see so many contractors turn up for a chance to mingle with our team and network with fellow contractors whilst enjoying the vibrant atmosphere. Christmas drinks at…
Tax avoidance and the importance of compliant umbrella companies
Tax avoidance was once again at the forefront of the government’s agenda in the Autumn Budget. A topic that has been meticulously discussed, Philip Hammond announced during his speech on Wednesday 22nd November 2017 that “the Government is committed to tackling tax evasion, avoidance and aggressive tax planning.” We’ve already seen an increased focus from…
Summary of Coronavirus Help for Contractors
Last night the Chancellor unveiled a package of measures aimed at helping the self-employed during the Coronavirus pandemic. Here we summarise what this means for contractors.