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Contractor Doctor: Can I take three years out for a degree & fund it from my company?
Limited company contractors can fund themselves with company cash during a degree course, but must personally pay for the course, says James Abbott.
�re engineering. Now, after a decade of successful contracting, I’ve built up a substantial cash pile in my cont� �all projects whilst studying, or accepting longer contracts between academic terms during vacations, if that’�
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Articles: Contractor Doctor Q+A
| Sun, 07 Oct 2012
Contractor Doctor: Does the 24 month rule apply to two clients at the same location?
Contractors switching contracts between different clients at a similar location cannot reset the 24 month rule, explains James Abbott of Abbott Moore.
�Dear Contractor Doctor I’ve been contracting for a client at its offices just north of London’� �n. Does the 24 month rule still apply if I switch contracts to a new contract with a client a nearby location� �18 months. My existing client is keen to renew my contract for another 12 months, but I was concerned that t�
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Articles: Contractor Doctor Q+A
| Mon, 15 Oct 2012
Contractor Doctor: Can I contract direct for my client if I have no agency contract?
Contractors may be able to contract direct with clients after introduction by a recruiter if there is no agency agreement, says Roger Sinclair.
�mine, manage and communicate the level of risk of contracting direct.”� �r Contractor Doctor I recently responded to an IT contract ad posted by a recruiter and, after a chat with t�
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Articles: Contractor Doctor Q+A
| Mon, 23 Jul 2012
Contractor Doctor: Can I claim rent expenses for using a holiday home I own?
Contractors can only claim limited expenses for staying in a holiday home which they own during a contract, explains James Abbott of Abbott Moore.
�with my wife. I have recently won a new six-month contract with a client based in Norfolk. It just so happen�
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Articles: Contractor Doctor Q+A
| Thu, 02 Aug 2012
Contractor Doctor: Can I pay a salary & save tax if taking an overseas careers break?
Contractors on an overseas career break can continue to pay a salary and benefits from a corporation tax deduction, says Abbott Moore’s James Abbott.
�Dear Contractor Doctor I’ve been contracting via my own limited company for over ten years, an�
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Articles: Contractor Doctor Q+A
| Sun, 02 Sept 2012
Contractor Doctor: How do I calculate student loan payments on a contracting income?
Contractors with student loan debts can calculate repayments due based on gross contracting income, explains James Abbott of Abbott Moore.
�Dear Contractor Doctor I’ve just returned to IT contracting via my own limited company after taking a three y�
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Articles: Contractor Doctor Q+A
| Mon, 10 Sept 2012
Retirement planning for contractors: 10 key areas to focus on
Contractors looking to enjoy a well funded retirement can take steps to maximise their income and minimise tax, explains Abbott Moore’s James Abbott.
�ent just because they’ve stopped or reduced their contracting business,” notes Abbott. “Simple measures, such a� �per year, should consider working on a fixed-term contract basis with their client, trading as a sole trader�
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Articles: Pensions
| Wed, 23 Oct 2013
Pension drawdown explained for contractors
Contractors may find pension drawdown offers a flexible solution suited to their contracting lifestyle.
�afforded by flexible drawdown suits the flexible contracting lifestyle, particularly for those contractors see� �ining their income through a combination of fewer contracts and the income from the drawdown. Income security�
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Articles: Pensions
| Wed, 11 Feb 2015
Pension auto-enrolment letters – what contractors should do
Contractors must respond to Pensions Regulator letters with scheme details or reasons why they don’t need one.
�their spouse or civil partner, without employment contracts then they are exempt The contractor and their spo� �tomatic enrolment, meaning that they work under a contract of employment (an employee),or they have a contra�
Category:
Articles: Pensions
| Tue, 14 Apr 2015
Why contractors need pensions
Contractors need to make provision for a pension to ensure they can maintain their lifestyle during retirement.
�nsion as early as possible in their employment or contracting career, so that they have the widest range of opt�
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Articles: Pensions
| Mon, 01 Jun 2015
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