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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.
�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

Limited company or umbrella – how to choose the best payment option
Key differences explained. Learn the pros and cons of each payment option and decide which one is best for starting your contracting career.
�Payment structure options When you plan to start contracting you will need to set up a way to get paid. And as� �he third party umbrella company bank account. For contracts earning revenue outside IR35 there is a significa� �s not in any way influence the IR35 status of the contract or modus operandi of the working arrangements. Th�
Category: Articles: Limited Companies | Tue, 27 Sept 2016

10 questions to ask a specialist contractor accountant
You should ask these 10 questions to check whether an accountant is a contracting expert before signing up.
�You should check your potential accountant is a contracting expert prior to signing up to their services. Jam� �e. 6. Can you explain how expenses will work if I contract through my own limited company? Contractors are n�
Category: Articles: Limited Companies | Fri, 30 Sept 2016

Penalties incurred for late filing of forms
Running a limited company for contracting means you need to file certain forms each year, or else you could face sizeable penalties costing thousands.
�director of your own limited company to run your contracting means you are subject to company and tax law. If�
Category: Articles: Limited Companies | Thu, 15 Jun 2017

6 tips for choosing an accountant for your limited company
Decided to use a limited company for your contracting? Then you'll need a specialist accountant. Here are 6 tips on how to find and choose one.
�Have you decided to start contracting using a limited company? Then you will need to ge�
Category: Articles: Limited Companies | Wed, 04 Oct 2017

How to prepare an invoice - examples and templates
How to prepare an invoice. Examples and templates.
�choose an accounting firm who specialises in the contracting industry - see our 10 tips for choosing an accoun� �s could result in the client claiming a breach of contract . The first step is to speak to the client, befor�
Category: Articles: Limited Companies | Mon, 06 Nov 2017

Moving from a limited company to an umbrella: reasons and practicalities.
Had enough of running your limited company? Find out why some contractors prefer to use an umbrella.
�ract within that company. IR35 issues If all your contracts are caught by IR35 , then running a limited compa� �potential reasons why you would wish to move your contract/working arrangements from your own limited compan�
Category: Articles: Limited Companies | Thu, 07 Dec 2017

Contractor guide to splitting dividends
Splitting dividends with a spouse to maximise contracting income used to be the norm, but the Arctic Systems case changed the rules.
�eived by the taxman as ‘systemic tax avoidance by contracting couples’, HMRC dusted off the little known Sectio� �ctors running their own limited company and whose contracts are outside IR35 have often maximised net income� �plus marketing, which might include searching for contract opportunities and running the company website. Jo�
Category: Articles: Limited Companies | Thu, 14 Dec 2017

How to charge expenses back to your client
Have you incurred expenses that need charging back to your client?
�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

Relocation costs are your responsibility when contracting
If a contract obliges you to relocate, you need to account for the costs. You may deduct a large part of it all from tax, but that may still leave you with a hefty bill. Here's how to handle it.
�You've been offered a new contract, and it's a good one, with a good rate and the pr�
Category: Articles: Expenses | Tue, 15 Apr 2008