HMRC has decided to withhold information relating to the status of IR35 enquiries opened during the last tax year, following a request made by a leading contractor site.
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Setting up a limited company
- What is a limited company? - Concise guide to private limited companies.
- How do you set up a company? - A simple guide to the company formation process.
- Limited vs. Umbrella - The main differences for contractors and freelancers.
Dealing with tax issues / IR35
- The main limited company taxes - Corporation Tax, VAT, PAYE, National Insurance.
- Limited company expenses - What can you claim against your company?
- What is IR35? - Why the IR35 rules came into being, and how to comply with them.
Successful Contracting
- Contractor Success - The attributes required to become a successful contractor.
- Becoming a Contractor - Steps you need to take to become a contractor.
- Finding IT Contracts - The best way to source new IT contract assignments.
Latest Site Updates
As the number of news stories reporting the posting of ‘unfortunate’ messages on Twitter and Facebook increases all the time, a solicitor has urged companies to be careful when using social media, to avoid reputational damage to their own businesses – or to their clients.
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A charity says that the self-employed are particularly saddled with high levels of debt, typically owing £10,000 more than the average individual seeking help.
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New data shows that requests to join the Government’s National Insurance holiday scheme have reached an all-time low; a leading accountant says that the scheme has been poorly promoted.
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If you set up a limited company, is appointing an accountant to look after your affairs a statutory requirement, or can you take care of your accounting duties yourself?
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If you are paying your accountant to complete your self-assessment tax return this year, can you claim back the costs from your limited company?
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The Companies Act 2006 is the main piece of legislation which governs company law in the UK. It is the longest piece of legislation ever enacted in the UK, with over 1,300 sections. Following eight years of consultation, the final provisions of the Act became law in October 2009.
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There’s more to making it through an interview as a contractor or consultant in one piece than a crisply ironed shirt and a smart tie – although those are often a good place to start…
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If you are a limited company director, you are liable to pay both employers’ and employees’ National Insurance Contributions on any salaries you pay above the current threshold.
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Limited company owners, particularly contractors, who want to protect themselves in the event of an HMRC status enquiry may decide to take out tax investigation cover. This is sometimes referred to as ‘IR35 Insurance’. Qdos Consulting is one of the leading providers of this type of policy.
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With over 1.2m limited companies operating in the UK today, compared to just under 3m sole traderships, we look at the advantages afforded to business owners who decide to trade via their own limited companies.
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Almost all companies would benefit in some way from setting up a website – not only to sell products or services, but also to provide a brochure to potential clients or customers, or simply to provide contact information. So, how do you set up your own company website?
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The Chancellor delivered some good news for small companies in today’s Budget, although his ability to announce any significant cheer to the UK’s firms was understandably limited by the dire state of the public finances.
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Just 18 days before the most significant changes ever made to the PAYE system go live, HMRC has given in to pressure and given smaller employers (those with 50 employees or less) a further six months before they have to fully comply with the forthcoming Real Time Information (RTI) changes.
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Following a surge in popularity for ‘alternative’ funding methods for small companies, a new regulatory body has been set up by the UK’s leading crowdfunding businesses.
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Whether you are on an initial ‘free’ banking period, or have an established business bank account, you may be surprised at how much your bank charges to process inbound and outbound transactions.
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One of the questions many limited company owners ask their accountants is how often they can draw down dividends from their companies. Can you declare dividends on a monthly basis, for example?
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A survey carried out by Crunch Accounting has found that only a small minority of UK small companies think that the Coalition’s proposed ‘Business Bank’ is a good idea.
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The Government has announced that dozens of regulations which relate to company and commercial law are to be scrapped or simplified, including simpler limited company naming rules.
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A leading figure in the interim management industry says that Roman Abramovic was wrong to call Rafa Benitez his ‘interim manager’ at Chelsea.
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