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Top Tax Changes That Contractors Need To Know Following the start of a new tax year, it’s always useful to stay abreast of changes to your responsibility. Certain legislative updates in 2019 have been overshadowed by the spectre of Making Tax Digital for VAT, causing smaller (but significant) changes to be overlooked. While thes Article Author: Amanda Swales Comments Read More
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Top 5 things a first-time Contractor should do when switching to Contracting In our previous article, we did mention about the rapid growth the UK has witnessed in the self-employment workspace. Self-employed people now account to more than 4.8 million which says a lot about the contracting industry (minus the upcoming IR35 reforms). Switching to contracting is rel Article Author: Smit Shah Comments Read More
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Is Umbrella Company the best solution for first-time Contractors? There has been a rapid growth of self-employment in the UK labour market. As per the latest ONS figures, the number of self-employed has increased from 3.3 million people to more than 4.8 million. The numbers clearly indicate that self-employment represents a larger share of employment, wh Article Author: Smit Shah Comments Read More
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The future of IR35 in the public and private sectors The reform to IR35 for public sector assignments is now reality. Despite huge effort by agencies and the contractors themselves, the beleaguered market remains in turmoil whilst the lack of compliance from the public sector continues. From the start, HMRC were warned of the problems ahead. Article Author: Duncan Strike Comments Read More
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