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Charging clients a retainer – how they work
Contractors with sought-after expertise can generate lucrative fees from client retainers using a range of retainer and charging models.
�models a contractor could adopt include: Retained contracting/consultancy services: The client pays a set amoun� �hort or no notice. Retainers are not like regular contracts, so to create an effective retainer contract will� �lar contracts, so to create an effective retainer contract will require the services of a legal professional�
Category: Articles: Job Search | Tue, 27 Mar 2018

Preparing and negotiating a contract renewal - get that pay rise now!
Factors to consider and strategies for maximising your contract rate when your contract is due for renewal. Learn the easy techniques, and earn more!
�Contractors have fixed length contracts with a start and end date. It is common for clien� �ents to ask a contractor to extend their existing contract and continue to supply services for them, either�
Category: Articles: Contracting | Thu, 05 Apr 2018

15 tips when renewing your contract
Your current contract is due to finish raising the prospect of a renewal: Do you and the client wish to continue? And if so how can you negotiate effectively to maximise your financial position?
�g power and clients like you. Line up alternative contracts. Applying for other positions gives you a chance� �Your current contract is due to finish raising the prospect of a renewa�
Category: Articles: Contracting | Wed, 29 May 2019

What employee benefits do contractors not get?
Here are some of the important differences when comparing the situations of contractors versus permanent employees.
�eeker allowance between jobs Yes No 27 Freedom to contract (status cannot be overruled) Yes No 28 Subsidies:�
Category: Articles: First timers | Thu, 30 Jul 2020

Contractor umbrella companies and their contractors’ employment rights
Contractors who work through an umbrella company can have the same employment rights as permanent employees, confirms Derek Kelly of Parasol.
�port, stability and benefits that limited company contracting does not, yet giving contractors more flexibility� �increased minimum payments when they are not in a contract and statutory redundancy pay. In return, however,�
Category: Articles: Contractor umbrellas companies | Wed, 19 Nov 2008

Umbrella contractors and emergency tax codes
Contractors new to an umbrella company can pay more tax than they need to, but this does not have to be the case, as Derek Kelly of Parasol explains.
�ontractor moves from their own limited company to contracting with an umbrella company , they or their accounta� �ttle planning and filing paperwork safely between contracts,” says Kelly, “contractors can start work with th� �of moving between past permanent jobs or to a new contract with a different trading vehicle. This can mean p�
Category: Articles: Contractor umbrellas companies | Tue, 03 Feb 2009

Reasons and practicalities of moving from an umbrella to a limited company
Discusses the reasons and steps to take to move from an umbrella arrangement to a limited company.
�You may have started contracting through an umbrella company and now want to conti� �will be difficult to transfer an existing running contract from an umbrella company to a new limited company�
Category: Articles: Contractor umbrellas companies | Thu, 18 Jan 2018

Contractor T&S changes: Who is liable for unpaid tax and NICs?
Umbrella companies needn’t worry about incurring tax for falsely processing T&S expenses for contractors, thanks to a new SDC testing solution.
�work on other things not originally agreed in the contract. Non-compliance – who’s liable? Umbrella contract�
Category: Articles: Contractor umbrellas companies | Mon, 23 May 2016

Umbrella companies – the three main tax models available for contractors
The Contractor umbrella market is segmenting in response to recent changes in legislation with three main models now being used.
�is relief for home to work travel providing their contract doesn’t exceed 24 months, by which point it would�
Category: Articles: Contractor umbrellas companies | Mon, 13 Jun 2016

What is a PAYE umbrella company?
Learn how a PAYE umbrella model works. It's simple, quick, and you can be up and running within a day. Find out more.
�ictions at to whether you can claim expenses. All contracting expenses like travel, computer costs, training et� �remain outside IR35 is key. If the status of your contracts switches between inside and outside IR35 then cho� �income tax on all your earnings. After securing a contract you instruct your agent to send a contract to the�
Category: Articles: Contractor umbrellas companies | Tue, 17 Apr 2018