2024-04-06 07:50
Introduction
Trivial benefits for directors are an exemption from HM Revenue & Customs (HMRC). Indeed, this tax exemption is one of the benefits of being a company director. If we… Read More
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Contractor Advice Uk Blog
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Contractor Advice UK website is an information-packed resource for contractors, freelancers, and interim professionals in all sorts of industries. Much of the contractor accountancy advice in the blog also applies to UK business owners in general. The website has now been live for a couple of years and aims to bring you the best free advice as a UK contractor or small business owner.
2024-04-06 07:50
Introduction
What are the statutory books of accounts or statutory registers for a UK limited company contractor? When you incorporate a private company for contracting in the UK, Comp… Read More
2024-04-06 07:48
Introduction
When researching the best business bank account for contractors, what should you consider for a UK business bank account? When you start your own company for the first time… Read More
2024-04-06 07:47
Introduction
Let’s consider working away from home overnight when you’re contracting in the UK. Can a contractor claim travel expenses when they work away (UK)? What can yo… Read More
2024-04-06 07:37
Introduction -renting as a contractor
You may occasionally contract away from home or regularly as a limited company contractor or consultant. What’s more, working away could be… Read More
2024-04-06 07:37
Introduction
When you begin a contracting business and register a company, you must start by choosing a limited company name (UK). Therefore, when you begin IT contracting, contracting… Read More
2024-04-06 07:33
Introduction
As a UK contractor, you may incur Personal Incidental Expenses while working at a particular worksite. However, what are incidental costs while you’re working away?… Read More
2024-04-03 10:55
Introduction
As a UK contractor limited company or small business owner, you may work from home (WFH) from time to time. Indeed, when you run your own UK company or sole trader busines… Read More
2024-01-04 07:59
Introduction -contractor limited company tax (UK)
In this guide, we look at UK contractor taxation for an independent contractor. When you run your own company, there’s different… Read More
2024-01-04 07:57
Introduction
When running your own contractor company, what should you consider regard to when can I take dividends from my company? In addition, what should you consider about how oft… Read More
2024-01-04 07:56
Introduction -UK VAT guide for contractors and small business
This HMRC VAT guide (United Kingdom) is a handy reference point as it covers VAT for contractors and small businesses in t… Read More
2024-01-04 07:55
Introduction
As a contractor running your own company, are you considering whether you should travel to work by bike? Basically, travelling to work by bike may be a good idea while con… Read More
2024-01-04 07:55
Introduction
When you run your own business, what is UK limited company contractor accounting software? Further to this, what is contractor accounting and how do contractor online accounting… Read More
2024-01-04 07:54
Introduction
Can you claim contractor work clothing (UK) or business clothing as a genuine business expense while you’re UK contracting? Indeed, if you’re a limited company… Read More
2024-01-04 07:54
Introduction
First, a UK tax Self Assessment error or mistake as a UK contracting professional can result in missing the HM Revenue & Customs (HMRC) tax return deadline (UK). There… Read More
2024-01-04 07:51
Introduction
This is the official UK contractor expenses guide from Contractor Advice UK. When we consider what expenses can I claim as a contractor, what should we think about? Beside… Read More
2023-10-01 07:51
Introduction -contractor company car vs mileage allowance
As a UK limited company contractor, let’s compare the costs of a contractor company car vs mileage allowance in your own… Read More
2023-10-01 07:24
Introduction -best Critical Illness cover (UK)
UK Critical Illness cover provides a financial safety net should you be diagnosed with a specific, usually serious, condition or illness… Read More
2023-10-01 07:20
Protect your limited company against claims of professional negligence with contractor Professional Indemnity Insurance
Most contractors will be confident in their own experience and the qua… Read More
2023-10-01 07:14
A detailed breakdown of the top 4 contractor insurance policies
Whether this is your first contract role or you have been contracting for many years, running your own limited company is not… Read More
2023-10-01 07:12
Contractor mortgage broker
If you work as an independent contractor and run your own limited company, there may come a time when you decide to look for UK contractor mortgages. Ba… Read More
2023-10-01 07:12
Contractor mortgage broker
If you work as an independent contractor and run your own limited company, there may come a time when you decide to look for UK contractor mortgages. Ba… Read More
2023-04-06 07:59
Introduction -contractor limited company tax (UK)
We look here at UK limited company tax for an independent contractor and what tax does a limited company pay. We will also delve into… Read More
2023-04-06 07:57
Introduction
What should UK contractors consider when they think about when can I take dividends from my company? As a UK limited company contractor, you will likely take your income as a co… Read More
2023-04-06 07:56
Introduction
First, what is Entrepreneur’s Relief (ER), and how does this work? Further to this, how does Entrepreneur Relief for contractors work when a UK contractor choos… Read More
2023-04-06 07:56
Introduction -UK VAT guide for contractors and small business
This HMRC VAT guide (United Kingdom) is a handy reference point as it covers VAT for contractors and small businesses in t… Read More
2023-04-06 07:56
Introduction
First, what is Entrepreneur’s Relief (ER), and how do the Entrepreneurs’ Relief rules work for UK contractors? Further to this, how does UK Entrepreneur R… Read More
2023-04-06 07:55
Introduction
As a small business owner and limited company contractor, are you considering whether you should start travelling to work by bike? It may be a good idea to go to work by b… Read More
2023-04-06 07:55
Introduction
What is UK limited company contractor accounting software? What’s more, how does online accounting work when you are a small UK business owner? When you run your own… Read More
2023-04-06 07:54
Introduction
Can you claim work clothing or business clothing as a genuine business expense? In addition, when you are a limited company contractor, when are work clothes tax-deductible? Let… Read More
2023-04-06 07:54
Introduction
First, a Self Assessment error or mistake can result in you missing the deadline. Indeed, what happens if you make a mistake on your tax return (UK)? If an error occurs, H… Read More
2023-04-06 07:51
Introduction -contractor company car vs mileage allowance
As a UK limited company contractor, let us compare the costs of a company car vs mileage allowance in your own private vehicle… Read More
2023-04-06 07:51
Introduction
This article is the official UK contractor expenses guide from Contractor Advice UK. The advice here applies to UK limited company contractors with regard to what expenses… Read More
2022-08-01 23:13
Introduction
How do student loan repayments in the UK work? Let us find out.
When you have spent several years studying, you will eventually begin to work. When you are at work, at som… Read More
2022-08-01 22:38
Introduction
This article gives an insight into what are taxable benefits in kind. In addition, it also looks at how to calculate the tax upon these. Important to note that specific ru… Read More
2022-08-01 21:47
Introduction
Are business gifts to clients tax-deductible? Many business owners, including contractors, will look to send clients a great gift to say thank you for the work provided to… Read More
2022-08-01 21:46
Introduction
When you are a limited company contractor or a small business owner in general, there are many things to consider from day to day. Apart from running your own company and… Read More
2022-08-01 19:20
Introduction
How to time my dividends. This is a question that does pop up from time to time. Therefore, this is something to be aware of when running your own company. What&rsquo&hell…Read More
2022-08-01 18:51
Introduction
Let’s compare company car tax versus claiming a mileage allowance for using your private car for business journeys.
First of all, how do both scenarios compare in te… Read More
2022-08-01 18:07
Introduction
When you start your own UK company, you may be moving into this from:
Being in an employment-type role.
Working for an umbrella company.
Working as a sole trader, you… Read More
2022-07-25 22:12
What is Income Protection insurance for contractors?
Income Protection is a key policy to think about as a contractor who is running his or her own company. It makes… Read More
2022-07-25 11:49
Relevant Life insurance for directors
Relevant Life Insurance policies provide life cover to the dependants of the policyholder, with funds paid via a discretionary trust. These policies wor… Read More
2022-04-27 11:16
The world is not short of currency exchange services.
You have the banks; the online apps; the hybrid brokers.
It’s a crowded and very competitive marketplace.
So, what possessed me to… Read More
2022-04-26 08:10
A brief history of the Intermediaries Legislation, when and why was IR35 introduced?The intermediaries legislation (IR35) was originally implemented as law in the UK on 6th April 2000. The y… Read More
2021-08-04 10:40
Introduction -consolidating pensions
How do I or should I consolidate my pensions? This article investigates the topic of pension consolidation, an area which is very simple in principle. Bu… Read More
2021-08-04 09:21
IntroductionThis article explains the most tax-efficient way for you, as a limited company owner, to fund your pension.
We’re going to focus on explaining that there’s typically… Read More
2021-08-04 07:23
IntroductionThis article poses three straightforward questions
Do you know how your pension savings are invested?Should you care?If you did care, how would you go about choosing the right in… Read More
2021-03-31 06:36
Introduction -what is a director’s loan?
When you are a director of a company, there may be a need at one time or another, for you to lend money to the company.
Alternatively, if the n… Read More
2021-03-31 00:28
Introduction -how to claim the UK Marriage Allowance
The UK Marriage Allowance allows you to transfer £1,250 of your Personal Allowance to your husband, wife or civil partner. Ho… Read More
2021-03-30 05:23
Introduction
Your director’s service address at Companies House is something that you need to decide on when you set up your own company. In fact, it is one of your legal require… Read More
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