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How to charge expenses back to your client
Have you incurred expenses that need charging back to your client?
�should include VAT. If your contract is caught by IR35, then the expenses reclaimed will form part of th� �d from the client and should include VAT. If your contract is caught by IR35, then the expenses reclaimed wi�
Category: Articles: Expenses | Fri, 07 Dec 2007

Backdating dividend payments to a previous tax year is asking for trouble
Proper tax planning negates the need to backdate dividends, which is illegal and attracts unwanted attention from HMRC, says Intouch’s Duncan Strike.
�ake from the company, whether they will be within IR35 and what the salary/dividend split will be if the� �s Whilst it is quite commonplace for directors of contracting companies to declare a dividend and leave the mon�
Category: Articles: Limited Companies | Thu, 02 Jun 2016

Contractor guide to calculating taxes payable on dividends
Explains how contractors can calculate tax payable on dividends received from their limited company updated for April 2016 after Dividend Tax changes.
�n limited company and whose contracts are outside IR35 will generally find taking a dividend and minimal� �alary the most tax efficient method of extracting contracting earnings from their company. Dividend tax changes� �tract through their own limited company and whose contracts are outside IR35 will generally find taking a div� �Contractors who contract through their own limited company and whose contr�
Category: Articles: Limited Companies | Thu, 18 Aug 2016

Extracting profits tax efficiently from a limited company
Contractors can choose from a range of strategies to extract profits tax efficiently from their limited company, explains Abbott Moore’s James Abbott.
�Most limited company contractors working outside IR35 pay themselves a low salary and the balance of th� �– if they are not doing so, they should move to a contract that is outside IR35 Decide on a suitable salary�
Category: Articles: Limited Companies | Wed, 30 Jul 2014

Company healthcare and gym membership benefits
You can pay for healthcare costs and gym expenses using your limited company although there will be a BIK charge - Find out more.
�ent sports facilities or onsite gyms come with an IR35 health warning “If a contractor has free use of a�
Category: Articles: Expenses | Fri, 06 Jan 2017

Contracting mindset tips: you’re responsible for managing your career, not the client
Contractors are responsible for managing their own careers. Attempts by clients to do so must be resisted or contractors could pay tax as employees.
�o look like employees, and could be caught inside IR35 , resulting in significantly more tax being liabl� �n a project that was not included in the original contract. Because it’s appraisal time of year, or because�
Category: Articles: Contracting Mindset Tips | Fri, 23 Dec 2011

Negotiations with contractors - guide for firms hiring contractors
Contractor negotiations are usually handled by the agent. But, if a client does deal direct, understanding contractor negotiations is key.
�ser who is a specialist in contractor affairs and IR35 . It is quite normal for the contractor to ask fo� �when hiring direct When the client is hiring and contracting direct with the contractor, they are responsible� �awyer, as they are the service provider. Once the contracts have been finalised the contractor will send the� �kely to cover rates and any specific terms in the contract the client or contractor would like to be include�
Category: Articles: Hiring Contractors | Mon, 25 Jan 2010

How National Insurance Contributions (NICs) are calculated
Contractors may be liable to pay National Insurance Contributions (NICs). Calculating how much should be paid depends on the nature of their earnings.
�Most limited company contractors working outside IR35 pay little or no NICs because they pay themselves� �agency payroll and those on fixed-term employment contracts do. Unlike income tax, NICs are only applied to a� �cy payroll and those on fixed-term employment contract pay NICs Class 1 NICs rates for the 2013/14 tax y�
Category: Articles: Tax Issues | Thu, 02 May 2013

Contractor doctor: can expenses be claimed for entertainment?
Answers a question from a reader about the rules for claiming entertainment expenses.
�ractor is a genuine business outside the scope of IR35 with the costs of marketing that every business h� �Dear Contractor Doctor, I’m fairly new to the contracting game and have incorporated a new limited company� �I am trying to secure my first interim management contract by working all of my business contacts developed�
Category: Articles: Contractor Doctor Q+A | Thu, 19 Apr 2012

Contractor Doctor: Do I have rights if my contract’s terminated because I’m pregnant?
Limited company contractors terminated due to pregnancy can sue for discrimination, but there’s a tax sting in the tail.
�aken into account when awarding compensation. The IR35 sting in the tail However, although the contracto� �ractor Doctor I am an IT contractor and typically contract direct with clients through my own limited compan�
Category: Articles: Contractor Doctor Q+A | Thu, 01 May 2014