A look into the growth of self-employment in the UK
There has been a massive growth of self-employment in the UK in recent years. Since 2001, self-employed workers in the UK now make up 15% of the working population. This will only continue to grow as figures have almost tripled for self-employed workers over the age of 65 since 2001.
How to prepare for Making Tax Digital in 2019
Making Tax Digital (MTD) marks the end of paper record-keeping for millions of businesses and self-employed professionals in the UK. If you have a VAT-registered business, you need to prepare for Making Tax Digital by 1st April 2019.
What happens when you or your client are in a breach of contract?
Contract breaches occur often in the business world, but in most cases they can be dealt with swiftly and without too much fuss. If you haven’t experienced a contract breach scenario, it is good to learn how to recognise one and how to handle it in case it ever happens to you.
5 Minute Contractor Guide: The 2019 Loan Charge
The 2019 Loan Charge is another effort by HMRC to recover taxes it deems to be owed by thousands of people who have used disguised remuneration schemes since 1999. Read about the 2019 Loan Charge, its implications and your potential options if you are affected*.
Top 8 places around the UK to work remotely
The beauty of being able to work remotely is the freedom to choose where you work. Want to work from home, a community office space or even the beach? You can. We’ve put together a top 8 list of places in the UK to work remotely.
Contracting in the Health sector – the nursing agencies’ VAT concession
If you’re a medical or health professional, such as a nurse, who is staffed by a recruitment agency, you should be aware of VAT concessions.
Sole trader to limited company: a how-to guide
Moving from sole trader to limited company is a big decision, but it could have many benefits for your business. If you’ve operated as a sole trader up until now, here’s a how-to guide to starting a limited company.
8 Tips for Managing Stress – Mental Health Awareness Week
The theme for Mental Health Awareness Week (14 – 20 May 2018) is stress. Contractors, freelancers, and self-employed professionals can experience stress due to job insecurity, financial standing, taxes and more.
What is self-billing? Contractor FAQs
Self-billing is a common practice for recruitment agencies who deal with contractors and freelancers. If you are on a self-billing arrangement for your contract, here is what you should know.
Umbrella Company take home pay: what should you retain?
Umbrella companies are one of the most popular payroll services for freelancers and contractors in the United Kingdom. However, with so many unethical organisations encouraging tax avoidance and promoting 90 percent pay retention, how much should you realistically take home after the appropriate deductions have been made to your pay?