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…

Contractors: How to achieve a good work-life balance

Whether you’re a freelancer or a contractor working 9-5, we are all guilty of working late from time to time; often neglecting our life outside of work. It’s essential to create boundaries between your work and your personal life with a healthy work-life balance but sometimes situations arise where it becomes quite easy to overstep…

Insider Interview Series: Life as a contractor

Our ‘Insider Interview’ series has been created to provide insight to those who are considering contracting. Our series starts with Nigel, who has been contracting for over nine years. Q&A Why did you choose contracting? I was tired of being an employee and looked forward to the challenge of being able to demonstrate to clients the…

Thinking of applying for a mortgage in 2017? Here’s what you need to know if you’re a contractor.

Many contractors feel that they are at a disadvantage when applying for a mortgage at some high street lenders due to their non-traditional employment status. Capricorn Financial, one of London’s premier brokers, which provides specialist mortgages to contractors, has written valuable advice on this topic below. There are an estimated 1.4 million British ‘contractors’ working…

How to get the best out of LinkedIn as a contractor

LinkedIn can be invaluable for contractors, particularly in terms of advertising your skills and services and being visible to hiring managers and recruiters in your sector. However, there’s more to LinkedIn than just uploading your CV, leaving it there and hoping somebody spots it. Our partners Kingsbridge have pulled together some top tips for making…