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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�
Category: Articles: Pensions | Wed, 23 Oct 2013

The benefits of hiring an expert contractor
The benefits a contractor can bring to a client’s organisation are huge and include new skills and flexibility that permanent employees cannot match.
�of benefits to the client organisations they are contracted by. Most notably, they can be picked up and put d� �ntractors cite the main reason they started their contracting career was to get away from office politics and a� �ing the services of a supplier and not starting a contract of employment with an employee. Employees have ri�
Category: Articles: Hiring Contractors | Wed, 16 Dec 2009

Renewing a contractors contract
Contractors do not have to renew their contract when it ends, so a client wanting to keep their good contractors should start negotiating early.
�from spending more than a certain period of time contracting for that client, or from having more than a certa� �obligation to accept a renewal or extension of a contract. Equally, clients do not have to offer the contra�
Category: Articles: Hiring Contractors | Tue, 10 Nov 2009

Terminating a contractor
All contractor contracts finish eventually, but there may be reasons why a client wishes to end a contract early, before the contracted end-date.
�Contractor contracts have a start date, which is when the contractor b� �t if the two parties have not agreed to renew the contract. However, there may be reasons why a client wants�
Category: Articles: Hiring Contractors | Tue, 17 Nov 2009

Hiring a contractor – rates you should expect to pay
Rates vary hugely across the contracting sector and can depend on many variables. How can clients judge what rates they should pay contractors?
�rs to be worked, and any hours in excess of those contracted must be approved before the contractor works them� �. But the client and contractor must agree in the contract the number of hours to be worked, and any hours i�
Category: Articles: Hiring Contractors | Tue, 01 Sept 2009

Hiring a contractor directly without using an agency
Clients must understand the big differences between hiring contractors and recruiting employees, says Emma Brierley of recruiter Xchangeteam
�ctors, by their very nature, are being engaged on contracts on an ongoing basis. This means that the client’s� �soon as possible. This means negotiation of both contract rates and contracts , and the hard part in larger�
Category: Articles: Hiring Contractors | Tue, 15 Sept 2009

Reading and evaluating a contractor CVs
Clients used to recruiting permanent employees will find contractor CVs break lots of CV ‘rules’, but that’s because contractors are not employees.
�the contractor has successfully completed similar contracts for other clients If the contractor has made a go� �uiting could receive hundreds of CVs for a single contract, and will typically devote, at most, ten seconds�
Category: Articles: Hiring Contractors | Tue, 22 Sept 2009

How firms should conduct contractor interviews
Interviewing a contractor is not like an interview to recruit a permanent employee, it is more like receiving a sales pitch from a new supplier.
�cision Contractors that have long term successful contracting careers will also have good selling skills in edi� �red, knowing they have an hour at most to win the contract. In that time, a client has to make a decision as�
Category: Articles: Hiring Contractors | Tue, 29 Sept 2009

Contractor offshore tax solutions: risks and benefits explained
Need to understand the risks and benefits of offshore tax solutions? Use the guide to make an informed decision.
�for contractors Ultimately, the downside risk of contracting through an offshore tax solution is that HMRC dec� �reasing net income from, typically, 65% to 85% of contract value. But solutions are not appropriate for all�
Category: Articles: Contractor Offshore Solutions | Wed, 14 Jun 2017

Paying your contractor – timesheets, invoices and payment
Unless clients sign timesheets and process invoices promptly, contractors don’t get paid. This can delay project delivery and lead to legal action.
�company to raise an invoice. If the contractor is contracting direct through their own limited company, they wi� �as, although contractors are not employees, their contracts give them the right to be paid regularly, accurat� �ontractor’s invoice, could constitute a breach of contract, which if not remedied swiftly, will leave the cl�
Category: Articles: Hiring Contractors | Mon, 08 Feb 2010