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Key tax penalties imposed by HMRC on contractors
From late delivery of tax paperwork to giving the wrong information – HMRC can be unforgiving and will fine contractors who don’t play by the rules.
�owances. For example, a contractor may complete a contract in March at the end of the tax year but not invoi�
Category: Articles: Tax Issues | Wed, 14 Dec 2011

Contractors’ guide to the flat rate VAT scheme
Contractors can benefit from the flat rate VAT scheme by cutting admin & potentially enjoying a cash surplus, explains Abbott Moore’s James Abbott.
�AT percentages (as at tax year 2013/2014) for key contracting sectors include: Computer and IT consultancy or d�
Category: Articles: Tax Issues | Tue, 24 Apr 2012

HMRC VAT inspection - preparation and process
How to prepare and what to expect when HMRC conduct a VAT inspection
�chase invoices All supporting documentation, e.g. contracts, correspondence, etc. Bank statements Your VAT ce�
Category: Articles: Tax Issues | Wed, 10 May 2006

HMRC PAYE/NI tax inspections explained
A guide to Inland Revenue tax inspections, explaining the preparation and process of the HMRC PAYE/NI tax inspection.
�ecords expense claims cashbook and petty cashbook contracts (if IR35 and settlements legislation review is to�
Category: Articles: Tax Issues | Wed, 07 Jun 2006

Contractors should understand margins and tax
Contractors need to understand the rules about how they are paid.
�With An Agency Let's suppose you've just signed a contract with an agency . Agencies don't like to deal with�
Category: Articles: Tax Issues | Tue, 13 Nov 2007

Contractor doctor: are agencies legally bound to reveal contract margins?
When negotiating rates, it is useful to know the margin the agency is charging. But do they have to tell you?
�ctor Doctor, I'm a first time contractor, and the contract I'm on at the moment ends on the 16th of December�
Category: Articles: Contractor Doctor Q+A | Mon, 01 Jan 2007

Contractor doctor: can I get financial protection against an IR35 investigation?
How can a contractor protect themselves financially against an investigation.
�Dear Contractor Doctor, I've had my contract tweaked by a law firm so that it appears more IR3�
Category: Articles: Contractor Doctor Q+A | Wed, 03 Jan 2007

Contractor doctor: are restrictive contract clauses enforceable?
Are clauses restricting working directly with the client enforceable in a court of law?
�l just give you the go-ahead. Good luck with your contracting! Contractor Doctor� �Dear Contractor Doctor, Having secured a contract, the agency I am dealing with has inserted a clau�
Category: Articles: Contractor Doctor Q+A | Wed, 31 Jan 2007

Contractor doctor: do I have to pay employers and employees NI when using an umbrella?
Do you have to pay employers NI out of your contracting income? The answer is yes or no, depending on IR35 status and public/private sector working.
�Dear Contractor Doctor, I've just started contracting and have registered with an umbrella company. I w� �come taxes. This is the equation for outside IR35 contracts: Client charge rate = contract rate + agency comm� �storically it is worth noting that all advertised contract rates have been advertised at what we will call t�
Category: Articles: Contractor Doctor Q+A | Wed, 21 Feb 2007

Contractor doctor: how often should I change contracts?
Contractor Doctor explains the factors when considering how long to stay at a client site.
�nth Expenses Rule . Many contractors initially go contracting because they want varied projects to work on rath� �How often do you think contractors should change contracts and move on to another client? Thanks [Name suppl� �Dear Contractor Doctor, I’ve been in my first contract for a year and a half, and the client wants me to�
Category: Articles: Contractor Doctor Q+A | Wed, 21 Mar 2007