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Contractor travel expenses, tax relief and the 24-month rule explained
Contractors can claim travel expenses and benefit from tax relief as long as they stay within the 24-month rule, says Abbott Moore’s James Abbott.
�reset if, for example, a games developer usually contracted with a small number of closely co-located clients� �penses, depending on the type and location of the contract and the time spent working at each client site. E�
Category: Articles: Expenses | Thu, 29 Mar 2018

Contractor Doctor: Should I keep cash in my company or pay off my mortgage?
Contractors should consider their options before deciding to pay-off debts or delay dividends as it may save tax, says Abbott Moore’s James Abbott.
�Dear Contractor Doctor I have been contracting for over two years now and have now amassed a siz�
Category: Articles: Mortgages | Thu, 10 Aug 2017

Contractor mortgages: mortgage products available
There are many contractor mortgage options, but they’re generally not available from high-street lenders
�y. Often branch staff simply don’t understand the contracting sector, and contractors are better off using prov� �ist who deals with lenders that are able to offer contract based underwriting. For a more general round-up o�
Category: Articles: Mortgages | Thu, 17 Aug 2017

Mortgages for contractors: you can get one
Getting a mortgage when contracting does not have to be painful
�rect access to underwriting teams that understand contracting. These underwriters are not accessible to applica� �. So providers use an annualised multiple of your contract rate: if you are earning a certain number of poun�
Category: Articles: Mortgages | Thu, 14 Sept 2017

Contractor Doctor: Can I use my limited company money to offset my mortgage?
Contractors may face a hefty tax bill, and even prosecution, by using company money to offset personal mortgages, warns James Abbott of Abbott Moore.
�e sums in mortgage interest.” Good luck with your contracting! Contractor Doctor�
Category: Articles: Mortgages | Mon, 18 Sept 2017

Keeping ‘em sweet
With the demand for contractors increasing here’s a guide to holding onto your best ones.
�tractors with high professional standards is that contracts are misrepresented in the recruiting process. If� �burst contractors have been happy just to have a contract and delighted if it got renewed, even with enforc�
Category: Articles: Contractor Insider | Fri, 03 Mar 2006

When contractors are between contracts, they still get paid
When your first contract runs out, and you're still working on renegotiating it or renewing it with the same client, you still get paid for your work.
�ever, probably be wrong to apply this strategy to contracting. You should take care to renew your contract well� �ou do about the work you're performing in between contracts? ''Clearly the rates determined by the previous c� �Let's say your first contract with an agency runs out, and you're not finished�
Category: Articles: Legal | Thu, 31 Jan 2008

Handling breaches of contract whilst contracting
When agents or clients breach your contract, you should react with notification, and if appropriate and necessary, termination of the contract.
�ittle-Jones Day Typical Breach of Contract in Contracting For us contractors, typical examples of major bre� �them clearly is the surest way to resolving most contracts disputes.� �When agents or clients breach your contract, you should react with notification, and if appro�
Category: Articles: Legal | Thu, 17 Apr 2008

Handling unfair termination when contracting
If the client or agent blames you for something that clearly isn' t your fault, and terminates you, what can you do?
�y simply blames you and puts an early end to your contract. Blaming the Contractor Is Easy But there are oth�
Category: Articles: Legal | Wed, 14 May 2008

When a client unfairly terminates your contract after you’ve given notice
Most contracts have a notice period to allow an orderly conclusion to a project. But what can you do if your client terminates your contract immediately when you hand in your notice?
�ake up the difference. Manage client expectations Contracting by its nature is not a permanent arrangement, lik� �most contractors will have a notice period in the contract with their client. This works to both sides’ bene�
Category: Articles: Legal | Tue, 17 Jun 2008