Resources – Contractor and Small Business Guides

  One question that comes up a lot with contractors is: “What’s the best way to pay myself?” The answer is often a mix of salary and dividends, organised in a specific way to maximise take-home pay whilst staying on the right side of...

IR35 Explained – Inside or Outside IR35 for Contractors If you’re a contractor, few pieces of legislation are as important to understand as IR35. The rules determine whether HMRC views you as genuinely self-employed or as a “disguised...

  One of the questions we’re most frequently asked by contractors is: “What should I be charging?” And whilst there’s no one-size-fits-all answer, setting the right rate is much more involved than simply picking a number out of thin...

Contractors and small businesses often ask the question should they register for VAT. VAT can be one of the trickier areas of business to get your head around but with some clear guidance on the options, you will find that VAT registration...

One of the simplest ways to slash your tax bill as a contractor is to ensure you are claiming all allowable business expenses. But where does one end and the other begin?   What are “allowable expenses”? As a general rule, an expense...

Top 5 tips when setting up a limited company It’s a great feeling when you’ve decided to set up your own limited company, but it’s important not to forget to take care of a few essential things. Not only does it make life a lot easier and...

Should you make your spouse a shareholder? One of the most frequently asked tax planning questions we get from owner-directors of limited companies is whether or not to make their spouse a shareholder. Done right it can be one of the...