Due to an announcement at Autumn Budget 2024 on October 30th 2024, business owners face some important changes regarding the tax rate that is applied in a Members' Voluntary Liquidation (MVL). There ...

Demand for IT contractors fell in October 2024 to its lowest level since July 2022, REC figures show. The figures mean IT contractor demand has not been lower since the economy tentatively reopened ...

Rigour mortis will surely set into the umbrella industry before April 6th 2026 -- potentially the point of death for umbrellas as we know them today.

ContractorUK has provided you with a NI/PAYE calculator in order for you to calculate PAYE/NI on the salary that you pay yourself out of the limited company's turnover. It is common for contractors to ...

Another public sector body must be feeling red-faced for paying IR35 liabilities running into the many millions, writes Nikola Nowak, a contractor solutions consultant at Markel Tax. Joining a string ...

Companies House is a government agency that keeps details of every single limited company in the country.

ContractorUK has provided you with an IR35 tax calculator in order for you to calculate how IR35 can affect your income. IR35 affects contractors who do not meet the Inland Revenue's definition of ...

There is a lot to consider when making the leap into contracting. How do you find contract jobs? How much can you earn? How do you write your CV? What’s IR35? Do you use an umbrella company or start ...

One of the most important things to consider as a contractor is what rate you will charge your clients. Contractor rates not only depend on your skills or experience as a contractor, but various other ...

Pensions for contractors can be more complex than for employees, as contractors are often responsible for setting up and managing their own retirement savings plans. Unlike traditional employees who ...

An area often overlooked is that the Inland Revenue may have already made a Status ruling at a previous visit. As most people are now aware a Contract can be written, oral or implied. The Contract is ...