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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

Contractor badges of trade: HMRC rules on being in business
Contractors who demonstrate badges of trade according to HMRC’s rules are in business on their own account, explains Emily Coltman of FreeAgent.
�business and it can also assist with determining IR35 status . “HMRC has nine ‘badges of trade’ that it� �dditional services that are related to their core contracting activities may also be carrying on a trade. Coltm�
Category: Articles: Tax Issues | Wed, 10 Jun 2015

Tax efficient distribution of contractor funds using members’ voluntary liquidation
Contractors closing a limited company with cash in excess of £50,000 can use a members’ voluntary liquidation (MVL) to extract funds tax efficiently.
�at any risks associated with the company, such as IR35 or claims from clients, are minimised. Alternativ� �ontractors to consider exit strategies from their contracting business well before the end of their company’s l�
Category: Articles: Limited Companies | Thu, 31 Jan 2013

Using recruitment agencies to hire contractors
Agencies can remove much of the burden of finding and hiring contractors from a client and can also add value, explains Ashley Cooper of Parc Ellis.
�lations and opt-outs , debt transfer provisions , IR35 and other tax legislation, plus employment rights� �hen look online and find the agencies advertising contracts like the one you want to advertise. Pick two or t� �tinues Cooper. “And transparency when it comes to contract rates is vital. No-one expects an agency not to h�
Category: Articles: Hiring Contractors | Tue, 24 Nov 2009

Recession is leading skilled workers into dream contracting careers
Many workers are finding that the recession is the best thing that ever happened to them, as they embark on their dream careers as contractors.
�reds of thousands, we’ve seen thousands taking up contracting as their next career move,” explains Chaplin. As� �lls are unlikely to be enough to get you the best contracts and keep you in work when you want it, warns Chap� �s , negotiation techniques and a little bit about contract law .” Taking stock Chaplin, who in addition to b�
Category: Articles: Other | Mon, 01 Jun 2009

Contractor guide to the Bribery Act 2010: client hospitality and incentives
Contractors operating in the UK with reputable clients are unlikely to be affected by the Bribery Act and can continue to offer clients hospitality.
�by the contractor’s limited company. However, in contracting terms, for the vast majority of one or two person�
Category: Articles: Other | Fri, 29 Apr 2011

Contractor Doctor: I’m 3 weeks into a new contract with no pay – what should I do?
Contractors experiencing payment problems can take formal action, but it’s best to discuss the problem with the agency and client first.
�s arrangement with their agency, or the client if contracting direct . Contractors do not have any employment r� �ach of contract. Restrictive covenant Most agency contracts include a restrictive covenant that means the con� �Contractor Doctor, I have recently been awarded a contract with a German client for work based in the UK. In�
Category: Articles: Contractor Doctor Q+A | Thu, 26 Feb 2009

Contractor Doctor: Do I have to pay tax and NI on my minimum wage earnings?
Contractors who work through umbrella companies have to pay some tax and NI on minimum wage earnings, as Derek Kelly of Parasol explains.
�not receive a smooth income.” Good luck with your contracting! Contractor Doctor�
Category: Articles: Contractor Doctor Q+A | Mon, 02 Mar 2009

Contractor Doctor: My agency has stitched me up – what can I do?
Agents are out to get the best deal for themselves. So are contractors, who must take steps to make sure bad things don’t happen to good contractors.
�ave a bit more experience, or have read advice on contracting, wouldn’t allow themselves to get into this kind� �thout notice . Contractors are protected by their contracts, so if it says 30 days notice either way, and the� �for a client for three years on my first and only contract. After complaining about the rates I was receivin�
Category: Articles: Contractor Doctor Q+A | Wed, 04 Mar 2009

Contractor Doctor: Can an agency sue me because I went to the client direct?
Contractors can tread a fine line in their relationship with agencies and are not always in the right, as Roger Sinclair of Egos explains.
�nd has been caught doing it.” Good luck with your contracting! Contractor Doctor� �ctor, I was talking to an agency about a possible contract and when they finally mentioned the client, I tol�
Category: Articles: Contractor Doctor Q+A | Fri, 03 Apr 2009