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Target income calculator for contractors
Calculate the rate you require to earn your desired net income each month.
�would like to earn more money from your existing contract? Maybe you are thinking of changing contract to g�
Category: News | Fri, 23 Jan 2004

Section 660a - minimising an inspection and potential penalties
Advice and guidance for avoiding the 'husband and wife’ tax.
�an inspection and penalties .] If you are new to contracting you will need to decide on a payment structure to�
Category: Articles: Section 660 | Wed, 14 Sept 2005

Lords expected to support arctic systems verdict
Legal observers expect the Inland Revenue to lose its appeal in the Arctic Systems case.
�d at least bring some measure of stability to the contracting industry, which is currently beleaguered by red-t�
Category: News | Fri, 19 Jan 2007

Contractors could pay 10% more in the treasury’s Arctic Systems attack
The latest Treasury attack on contractors comes in the wake of the Arctic Systems Case and attempts to increase our tax burden.
�be a determined attempt to hurt the burgeoning UK contracting industry, HM Treasury has announced the intention�
Category: News | Fri, 27 Jul 2007

‘Price match guarantee’ for contractor accounting fees to increase price transparency
ClearSky launches a new ‘price match guarantee’ designed to improve price transparency and value for contractors.
�s an increase of 45%.” Good value and service - a contracting industry game-changer Parasol acquired Quay Accou�
Category: News | Wed, 13 Feb 2013

Limited company contractor numbers may be higher than previously thought: BIS survey
There may be more limited company contractors than anyone thought, with BIS confirming there are over 800,000 limited companies with no employees.
�though many of these companies are engaged in non-contracting activities, such as manufacturing and building, t�
Category: News | Tue, 26 Mar 2013

How to protect your business bank account savings with FSCS
Contractors qualify as small businesses under Financial Services Compensation Scheme rules so business bank account cash up to £85,000 is protected.
�ing sums to cover ‘holiday pay’ and spells out of contract, contractors can very quickly accumulate large ca�
Category: Articles: Limited Companies | Wed, 20 Jan 2016

Contractors, directors’ loan accounts and borrowing company money
Contractors usually have no need for a director’s loan, but for those that do, there are strict rules and pitfalls, says Abbott Moore’s James Abbott.
�Contractors can enjoy a long and lucrative contracting career without ever needing to take a director’s� �for professional fees, such as incorporation and contract expenses. “A contractor might find they are in re�
Category: Articles: Limited Companies | Wed, 10 Jul 2013

Contractors publishing their owns books – tax and accounting issues
Contractors self-publishing promotional books shouldn’t publish through their company unless profits will be large, says Abbott Moore’s James Abbott.
�ontractors self-publishing books to promote their contracting services should pay for the project personally an�
Category: Articles: Limited Companies | Tue, 12 Nov 2013

Tax issues of acquiring quality and antique assets
Contractors considering buying high quality or antique assets for their limited companies may discover its more tax efficient to buy it personally.
�warns Abbott. “Many contractors dip in and out of contracting, and shut down the limited company during periods�
Category: Articles: Limited Companies | Mon, 16 Dec 2013

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