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Contracting via a limited company: Preparing to trade
Contracting via a limited company requires a bank account and registration with HMRC before trading can start, explains InTouch’s Clare Rickman.
�nk their current or future contract may be inside IR35 , because this will impact on how they manage the� �Contracting via a limited company is straightforward, but, sa� �Before a contractor can start work on their first contract and begin trading, the new company should: open a�
Category: Articles: Limited Companies | Mon, 25 Jul 2011

Training expenses - what contractors can claim
Investment in training can pay real dividends for contractors in order to maintain and upgrade their skills. Although most relevant training costs can be claimed, some types of training are excluded by HMRC.
�so suggests that the contractor is working within IR35 . Large companies would normally invest in traini� �ills are in the best position to take the pick of contracts available. Contractors in some sectors, like engi� �uld mean the difference between winning that next contract, or not.�
Category: Articles: Expenses | Wed, 30 Jul 2008

Contractor guide to handling discrimination and harassment in the workplace
Contractors encountering discrimination have few options because they are service providers and not employees, explains Lawspeed’s Theresa Mimnagh.
�uestions arise regarding disguised employment and IR35 , which most contractors would wish to strenuousl� �sions, which could ultimately lead to a breach of contract, or make the contractor’s claim worthless. “Whils�
Category: Articles: Legal | Fri, 14 Oct 2011

Your legal rights when you go contracting
Contractors new to limited company contracting must grapple with rules governing workplaces, relationships and practices: contract law.
�siness relationship. Even when they are caught by IR35, which implies there is an employment relationshi� �ed company contractors just starting out on their contracting career leave their last employer, workplace and c� �tes with agencies and clients are now governed by contract law – there’s no such thing as ‘contractor rights�
Category: Articles: Legal | Fri, 23 Feb 2018

Income shifting - guide for contractors
Explains the term ''income shifting'', where it comes from, and what it is.
�tion. Contractors who are currently not caught by IR35 and split dividends with their spouse would be pa�
Category: Articles: Income Shifting Legislation | Thu, 08 Jun 2017

Contractor income protection and the myth of unemployment cover exposed
Angela James of Contractor Wealth highlights the pitfalls that face contractors in the event of job loss, illness or injury.
�of course most contractors don’t like because of IR35 , or the terms state that the contract must have� �im to be suitable for those working on fixed term contracts. The product providers and brokers who sell these� �the event of a claim. Even when they are not in a contract, contractors are still nominally employed by thei�
Category: Articles: Contractor Income Protection | Fri, 13 Feb 2009

Contractor guide to dividends and dividend tax credits
Contractors pay themselves via a combination of low salary and dividends, but calculating how much income tax to pay on dividends can be complicated.
�Limited company contractors outside IR35 typically pay themselves a salary up to the Natio� �into the company or, as is usually the case with contracting businesses, declared as a dividend and distribute�
Category: Articles: Limited Companies | Thu, 03 Apr 2014

10 easy steps to set up a limited company and start contracting
You have several options in setting up a limited company, but it's all easy enough, and most accountants will handle it all for you. Here's how.
�r example, courts will look closely at this in an IR35 case. You can write this document yourself, but i�
Category: Articles: Limited Companies | Wed, 29 Aug 2018

Contractor Doctor: I can’t pay my tax bill to HMRC – what are my options?
Contractors who have spent the money put by to pay their company’s tax liabilities may be facing liquidation, explains Mike Simister of Lines Henry.
�age of 15%, assuming they were previously outside IR35. This in turn may mean the contractor cannot affo� �start a new limited company and get on with their contracting career. ‘D reports’ on the conduct of contractor� �by, might have an extended period of time between contracts. With no income and the same outgoings, they choo� �much of the last 18 months on the bench without a contract. As a result, I was forced to use all my savings�
Category: Articles: Contractor Doctor Q+A | Thu, 01 Aug 2013

What is a Limited Liability Partnership (LLP)?
Limited liability partnerships (LLP) offer businesses many of the benefits of a general partnership with the limited liability of a limited company.
�ntermediary, the ‘Intermediaries Legislation’, or IR35, could apply. LLPs can be an ideal solution for s� �LLP can own assets, employ people and enter into contracts. Unlike a limited company, an LLP does not requir�
Category: Articles: Tax Issues | Wed, 21 Jan 2015