Resources - tax

A selection of great tools, business guides and articles to help make your business a success

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Contractors and Freelancers: How Should You Pay Yourself?

Contractors and Freelancers: How Should You Pay Yourself?

The freedom of working for yourself is pretty unrivalled when it comes to making a living. Somewhat erratic wages are a natural by-product of working around clients who have their own schedules and priorities, and freelancing means you’ll have to weather the peaks and...

Setting Up A Limited Company: A Jargon-Free Guide

Setting Up A Limited Company: A Jargon-Free Guide

Incorporating your company is a shrewd business move for a contractor or freelancer. By setting up a limited company, you can protect more of your hard-earned profits, and minimise risk when dealing with high-value clients and contracts. However, the ins and outs of...

What Expenses You Can and Can’t Claim

What Expenses You Can and Can’t Claim

Registering as a limited company can help you minimise your tax burden, provided you go the right way about claiming expenses on your tax return. As such, it’s crucial to understand what you can and can’t claim as a business expense. To give you an introduction to...

Understanding Your Corporation Tax Liability

Understanding Your Corporation Tax Liability

As a limited company, your business is liable for corporation tax, levied on the profits of your company at the end of your financial year. To ensure that you have adequate funds to pay this by the tax return deadline, it’s crucial to understand the ins and outs of...

Paying too much through an umbrella company?

Paying too much through an umbrella company?

Type ‘Umbrella Company’ into Google and you‘ll come across an array of outrageous claims, 90% take home after tax probably the most popular line put forward. In reality most umbrellas won’t get close to that – unless they’re breaking the law (tax avoidance) – and in...

Startup contracting: what you need to know

Startup contracting: what you need to know

The latest labour statistics show that self-employment is at an all-time high, 4.66 million people now making a living this way. Tens of thousands take the plunge every month, swelling the ranks of the self-employed - contracting one of the most popular options for...

How To Improve Your Company’s Tax Liability

How To Improve Your Company’s Tax Liability

Incorporation has several benefits not to mention that its owners enjoy limited liability. However, one very important reason to consider incorporation is positive tax results. Setting up an incorporated company means that you can enjoy several tax benefits. Following...

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