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Should contractors with limited companies take salaries?
Contractors are wise to take some salary in the interest of avoiding the attentions of the Revenue.
�limited company incorporation. If you are outside IR35 — and this is the crucial factor, for if you are�
Category: Articles: Limited Companies | Tue, 13 Feb 2007

8 important reasons why 2017 will be a strong year for contracting
Improving prospects and new ways of sourcing contracts are amongst several reasons why you can look forward to a buoyant year of contracting in 2017.
�ion just around the corner Despite the reforms to IR35 in the public sector and the negative impact of B� �, but the long-term future is still promising for contracting because it’s so engrained in the way that we oper� �tant work carried out by contractors.” 2. Finding contract work is simpler than ever before This growth is p�
Category: News | Thu, 05 Jan 2017

Counting the true cost of a contractor accountant
Derek Kelly of ClearSky Accounting explains how contractors can use a checklist to spot the hidden costs in advertised contractor accountant fees.
�ll businesses and are subject to legislation like IR35 , Kelly warns that most high street accountants w� �off outsourcing everything and focusing on their contracting business, as attempting to save money by doing th� �ost small businesses don’t have to factor in IR35 contract reviews , and because their income and cost base�
Category: Articles: Limited Companies | Thu, 11 Feb 2010

Contractors annual company accounts - explained
A guide to the financial accounts that contractors working under a limited structure need to prepare each year.
�nd share capital of the company. What effect does IR35 have? If your company is in receipt of any IR35 c�
Category: Articles: Limited Companies | Mon, 19 Jun 2006

Contractor accounting: How to manage your company accounting
How can contractors manage their accounting for a contracting limited company and at what point should they call in the services of their accountant?
�contractor, reducing the risk of being caught by IR35 Contractors have much more flexibility with how t� �Limited company contracting has traditionally been the trading vehicle chosen� �limited company? Contractors typically choose to contract via a limited company for a number of reasons. Th�
Category: Articles: Limited Companies | Mon, 19 Jan 2009

Plenty of rules for us; no rules for them
Contractors could be forgiven for assuming HMRC only targets the public over tax avoidance, while the political elite are left to get on with it.
�hey may as well not be there. Despite introducing IR35 in the early years of his term as Prime Minister,� �h-risk band for IR35 – after all, IR35 works on a contract by contract basis? These are just two of the more�
Category: News | Thu, 02 Feb 2012

Government tax policy, or lack thereof, is killing the UK’s flexible competitiveness
Contractors are bearing the brunt of the government’s poorly conceived & reactive tax policy that is killing the UK’s key sources of competitiveness.
�e taxes; while the specific include strengthening IR35 enforcement and the new ‘off-payroll’ and ‘contro� �d skills base. The UK’s economy needs the focused contracting mindset that enables knowledge workers to hit the� �ctor contractors onto the payroll or out of their contracts. And although only at consultation stages, the co� �similarly forcing them onto the payroll or out of contract. The controlling persons rules will also impact o�
Category: News | Thu, 14 Jun 2012

Disguised employees evading national equivalents of IR35 is a global issue
Entrepreneurs earn the right to be rewarded with lower taxes, but contractors around the world seem to want to have their cake and eat it.
�x evasion that these workers represent. Just like IR35 . And, as with IR35, the solutions are typically� �e UK takes the lead in Europe with its burgeoning contracting sector. In fact, the European Union is all in fav�
Category: News | Tue, 20 Jul 2010

Could proposed Agency Workers Regulations kick IR35 into touch?
Paradigm shifts in legislation like those proposed by the AWD could make us all look harder than usual at what we do, with often surprising results.
�inking, “Oh no, not again. They totally messed up IR35 and now they are going to do the same with the AW� �t. The AWR consultation says that ‘agency workers contracted to their own personal service company where they� �e were prepared to sacrifice large swathes of the contracting sector). But that’s exactly what Mandy has done,�
Category: News | Tue, 20 Oct 2009

What’s it to be – contractor or employee?
Following the Alstom v Tilson ruling granting employment rights to a contractor, will permtractors rush to secure their employee benefits?
�t this ruling, in that the original proposals for IR35 suggested that contractors who were disguised emp� �The contracting sector had pretty much accepted that contractors� �. Clients will reach for their lawyers to beef-up contracts and agencies will be expected to check their cont� �at risk of being able to claim employment rights. Contract schedules will have to be very carefully worded t�
Category: News | Mon, 06 Jul 2009