Tag

Contractors

Articles and advice on the use and management of contractors by UK SMEs. Contractors are often hired for their expertise and efficiency in completing projects that require specialised skills, whilst offering flexibility without the long-term commitment of hiring full-time employees.

Accounting

What the off-payroll U-turn means if you’re self-employed

Chancellor Kwasi Kwarteng made a shock announcement in the mini-Budget last Friday. The Government will repeal off-payroll working legislation from April 2023. Here’s what it means for freelance contractors

Employing & managing staff

Ensure your contract keeps you out of IR35

What can contractors and freelancers learn from HRMC’s win against Sky Sports presenter Alan Parry? Here are tips to make sure you stay out of IR35

Tax

Freelancers could avoid tax because of IR35 loophole

Employers who wrongly classify self-employed as being outside IR35 will have to cover their PAYE and National Insurance, says HMRC, meaning tens of thousands of freelancers could avoid paying any tax at all

Sole trader

IR35 freelance tax changes will go ahead in April 2021 – are you ready?

MPs vote through IR35 tax reform, bringing thousands of freelance contractors within PAYE for the first time

Government Grants

Self-Employed Income Support Scheme now open for applications

HMRC has opened the Self-Employed Income Support Scheme, where freelancers and contractors can apply up to 80% of lost earnings in a £7,500 lump sum

News

More than four in 10 businesses could phase out contractors due to IR35

A number of business owners said that they will take 'drastic action' when procuring contractors because of incoming IR35 rules

Accounting

The contractor umbrella scheme and how to choose one

Contractors need to know how best to navigate IR35 legislation and what to look out for. Key to that process, Julia Kermode, chief executive of the FCSA offers some advice on choosing a contractor umbrella scheme.

Accounting

Seven in ten contractors stressed by managing accounts

Seven in ten contractors are most stressed out by their financial accounts, with nearly three quarters doing all their own accounting.

News

Only 8 per cent of freelancers and contractors prefer to work completely remotely

New research reveals just eight per cent of freelancers and contractors prefer to work completely remotely.

News

Majority of public sector contractors pass IR35 assessment

New reports find 89 per cent of public sector contractors have 'passed' rigorous IR35 assessments, since April, the month of IR35 reform.

News

Most contractors believe their input is needed for accurate IR35 decisions

Research highlights that UK contractors do not believe accurate IR35 decisions can be made without their input.

Tax

IR35: Contractor tax adviser issues caution over NHS U-turn

Comment from Qdos Contractor highlights the need for caution regarding The NHS's U-turn over making blanket IR35 determinations for its locum and contractor workers.

Partner content

What is professional indemnity insurance?

Professional indemnity insurance provides cover if somebody sues your business and they allege that your advice caused financial loss or damaged their brand. It’s not just for accountants and lawyers but for anyone offering a personal service, even web designers

Partner content

Benefits of switching to the right business bank account

We've teamed up with the Current Account Switch Service to explain the benefits of switching your business bank account.

Partner content

Business Companion: a reliable voice in the misinformation age

Business Companion is a one-stop-shop for accurate and up-to-date legal guidance, whatever sector you’re in — and it’s all completely free

Finding and selling to customers

How Amazon Ads is supporting entrepreneurs

Digital ad campaigns aren't just for big businesses. Here's why you should be considering it...