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Timesheets, invoices and payments
When you are contracting you need to complete timesheets and raise invoices. This article explains the process.
�gh your own limited company, outside the scope of IR35, you should prepare your own timesheets in additi� �When you start your contracting you will need to complete timesheets and get them� �days being charged. Rate per hour/day (as per the contract). The total value of time charged. Expenses charg�
Category: Articles: Contracting | Thu, 15 Sept 2016

What is the joint employment model for engaging contractors?
Joint employment is a model available to agencies and hirers but shouldn’t be considered a quick fix for compliance challenges posed by Off-Payroll.
�firms tasked with processing payments for ‘inside IR35’ contractors under the Off-Payroll legislation. T� �status will be reflected through their employment contract which will specify both employers. Though this en�
Category: Articles: Contractor umbrellas companies | Tue, 29 Sept 2020

Umbrella companies: Common questions and issues explained
Contractors like to stay on top of their careers but can be misinformed. Lesley Sweetman from Parasol exposes the top myths about umbrella companies.
�y and maternity and paternity benefits.” 6. Is my IR35 status affected when I contract via an umbrella?� �companies like to ensure they are on top of their contracting careers by getting paid on time, claiming all the� �y or the client. It is the umbrella company which contracts with the agency or client and not the contractor.� �months, such as when they have just negotiated a contract extension, that location is reclassified as the c�
Category: Articles: Contractor umbrellas companies | Tue, 01 Mar 2011

Contracting legislation: key laws affecting contractors
Make sure you don't fall into any legal traps and carry on contracting compliantly with our comprehensive list of laws and legislation to beware of!
�key laws and sets of rules affecting contractors: IR35 (Intermediaries Legislation) Often dubbed as the� �contractors. This is because the rules target the contract sector specifically, or contractors are affected�
Category: Articles: First timers | Thu, 07 Sept 2017

Moving from permanent to contracting - case study 2
A first timer contractor tells their story of how they made the leap from permanent employment to contracting.
�smaller details the only item not dealt with was IR35. IR35 This has the potential to be a major pain b� �who advised me that I’d have more chance securing contracting work, rather than further permanent work. The ide� �, rather than further permanent work. The idea of contract work was appealing, but I was a little apprehensi�
Category: Articles: First timers | Wed, 17 May 2006

Moving from permanent to contracting - case study 1
A first time contractor shares their experience of how they made the leap from permanent employment to contracting.
�cessful and I have now started my first contract. IR35 Getting the contract was, I thought, the end of m� �a small niche software house. The decision to go contracting wasn’t easy. After 10 years, the job was so comfo� �he obvious solution. [Ed. See Can I Get Part Time Contracts? and Common Reasons Why Permanent Employees Go Co� �mentored during the transition from Permanent to Contract.] I was an associate director at a small niche so�
Category: Articles: First timers | Mon, 17 Oct 2016

How income tax is calculated
Contractors are liable to pay tax on their total income. Calculating how much income tax a contractor pays depends on the nature of their earnings.
�mbrella company contractors , and those caught by IR35 , will pay income tax on their salary. And someti�
Category: Articles: Tax Issues | Tue, 16 Apr 2013

UK contracting for expat and overseas workers – the complete guide
The UK is a global centre of excellence for highly skilled contractors and benefits hugely from non-UK and non-EU workers who choose to work in it.
�act search begins, the better. Tax efficiency and IR35 One of the major benefits of being a contractor i� �m non-UK or European Union countries and choose a contracting career in the UK can enjoy a huge range of benefi� �ke advantage of skills shortages to win lucrative contracts. The expat section of this website provides infor� �clients from day one of their contracts. Finding contract work in the UK The best qualified contractors are�
Category: Articles: Expat | Tue, 10 Apr 2012

UK contract law and signing contracts – what the expat contractor needs to know
Expat contractors do not have to become experts in UK law, but a basic understanding is needed, particularly of knowing when to seek help.
�sue for expat contractors to consider is the UK’s IR35 tax legislation , which is covered elsewhere on t� �ny or an umbrella company , and the agency or, if contracting direct, with the end-user client. All contracts h� �are reviewing, negotiating , agreeing and signing contracts all the time – that’s why they are called contrac� �xpat contractors need just enough knowledge about contract law to understand the basics and know when they s�
Category: Articles: Expat | Mon, 11 Jan 2010

False Self-Employment legislation - explained
Most contractors should remain outside of the False Self-Employment legislation, which is mainly targeting self-employed sole traders.
�g themselves via a salary or deemed payment under IR35 are also receiving employment income, so they too� �under obligation to provide personal services The contract is via a third party agency contract The worker i�
Category: Articles: False Self Employment | Wed, 21 May 2014