Our Blog
Upskilling and CPD for contractors
As an independent contractor the majority of your time is spent on client work (as this is what pays the bills!) but as more people choose to become contractors (figures for 2018 show that there around 1.77 million people are [...]
Top-paying sectors and roles for contractors in 2019
Contracting may not be for everyone but for those who are willing to fully embrace it, they can find themselves having greater control over the type of projects they work on, being able to choose which companies they work with [...]
CV advice you really need as a contractor
According to Forbes, the average number of people who apply for a job is 118! Incredible isn’t it? While this figure may not be a true representation of every sector or specialism, it does show that competition for roles can [...]
Things to consider when making children shareholders
If you run a limited company and have children, you can give them a stake in the business and provide them with the opportunity to benefit from any profit the business makes by making them shareholders. If your children [...]
Research and Development tax credits explained
The government wants UK companies to succeed. It’s great for employment and training and overall successful companies boost the economy. To help companies be successful the government provides an incentive in the form of tax credits, to companies who are [...]
The £85,000 FSCS protection and how it applies to your ltd company bank account
With the collapse of Northern Rock, Bradford & Bingley, Icelandic banks and others now over 10 years ago, savers should still be thinking “Is my money safe?” As your business grows, it is likely the cash you hold in the [...]
Getting the rate you deserve – negotiating contract rates
Contractors who work in the IT sector were able to command some of the highest rates during 2018. According to data by ITjobswatch, in the six months up to 14th January 2019, the average day rate of an IT contractor [...]
What pensions can I get as a self-employed contractor?
It’s simple, all the healthy food we’re consuming and the hours of exercise we’re doing is making us live longer. According to the Office of National Statistics, the life expectancy for a man in the UK is 79.2 years, and [...]
Can a limited company loan money to another limited company?
If you operate as a contractor through your own limited company, you may be asked, or you may want to loan money from your limited company to another. It may be the company asking for the money is a [...]
Making a will as a contractor
We all know that we should make a will, yet figures released in 2018 by Unbiased show that a staggering 60% of UK adults (approximately 31 million people) don’t have a will. Reasons given for not making a will include [...]
Our Managing Director’s take on the Spring Statement
The Chancellor has said before that the Spring Statement would be more of a fiscal state of the nation than an opportunity to announce new legislation but with the backdrop of the Brexit vote defeat last night and further votes [...]
Can I reclaim expenses from before I formed my limited company?
If you spent money on setting up your business before you incorporated it, you may be able to claim for some or all of these pre-trading expenses, as long as they are legitimate business expenses. This article looks at [...]
2019 Loan Charge
With less than one month until the changes on outstanding disguised remuneration loans (also referred to as 2019 Loan Charge) kicks in, we take this time to give you the low down on everything you need to know. Background to [...]
Getting a mortgage as a self-employed contractor
Owning a home is a dream for many of us, but if you work as a self-employed contractor, you may have seen first-hand how tricky it can be to obtain a mortgage. That’s because mortgage lenders want to ensure [...]
Overseas contracting: top things to remember when contracting abroad
If you’ve had enough of the British weather and pine for warmer weather, or, if you’re keen to try out working in a different country, then contracting overseas could be a great option. Plus, it’s never been easier to work [...]
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