Do you make these 8 mistakes as a self-employed freelancer?

If being your own boss is the dream you’re finally living, make sure it’s properly protected with our top tips below.   You don’t know the worth of your services   Accurate pricing is probably the toughest part of the job to crack. You don’t want to charge too little as you’ll end up with…

How to choose a contractor accountant: 5 top tips

Now that you’re a contractor with your own limited company, you’ll need to make sure your business is meeting all its statutory and legal obligations, and that you’re paying the right level of tax, amongst a whole heap of other time-consuming, stress-inducing things. That’s where a first-class accountant comes in. A great accountant will let…

Autumn Statement 2014

We like to keep our clients informed of all updates and as this week was the Autumn Statement we thought we could share some of the salient features with you: – Personal allowance from 6/4/15 is now £10,600 instead of £10,500 as announced before. What does this mean to contractors? For those who are using an…

Business Entity Tests set to be removed

HMRC has announced that it will be removing the Business Entity tests from the 6th April 2015. HMRC has made the decision to scrap the tests after only 2 years following recommendations from the IR35 forum. The tests were part of a larger initiative to allow contractors to gauge their own IR35 risk. The IR35 forum…

New contractor policies

With the Chancellor’s Autumn Budget on the horizon the Treasury has reached out and asked for input into the Chancellor’s statement. IPSE have taken the lead and proposed a number of policy changes, which would benefit 4.6 million self-employed people. Simon McVicker, IPSE’s Head of Policy and External Affairs said: “The policy proposals we are…

The rise of IT contractors

At present there is a massive demand for IT contractors in a number of sectors and at the same time a distinct lack of skilled individuals. Opportunities lie within Big Data and how it can be leveraged for an organization’s needs. There is a colossal absence of individuals with the relevant skills to manipulate Big…