5 tips for contractors and freelancers to beat the January blues
We’ve all experienced the January blues. The exciting and eventful festive season is over, we’ve stuffed ourselves with sweets for the past month and now we’re forced to go back to reality with seemingly nothing to look forward to.
CES 2017 – what’s new in tech
The Consumer Electronics Show, or CES, is an annual exhibition in Las Vegas which showcases new and emerging technologies in a series of keynote presentations and an array of exhibition stands.
Are you one of 6 million people yet to file a personal tax return?
Recent statistics show that there are almost 6 million people in the UK who are still required to complete a personal tax return but haven’t. If you’re one of these people, you could face fines and mounting penalties if you don’t file soon.
Should you consider leaving your umbrella company in 2017?
2016 has been a challenging year for contractors using an umbrella company and 2017 does not look any friendlier. April signalled the end of Travel and Subsistence tax relief which has had a significant impact on thousands of contractors by reducing their take home pay. Should you consider leaving your umbrella company to have a more profitable 2017?
New Tax Rules for contractors in 2017
With tax legislation overhauls confirmed in the Autumn Statement, including changes to IR35 for the public sector and a new VAT Flat Rate, it’s good sense as a contractor to be aware of what’s coming in the New Year.
Warning from HMRC: Don’t get caught up in a tax avoidance scheme
Contractors are being tempted to increase their take-home pay by using tax avoidance schemes. These promoters market themselves as being compliant and reliable but this is contrary to the truth.
Construction industry trends and the future outlook for contractors
What contract roles are available for construction contractors right now? What will the future hold for the construction industry? The industry has experienced times of tough economic conditions and declining growth for much of 2016, but recent figures show some resilience and improvement.
In the news: government details changes to Apprenticeship Levy
The Apprenticeship Levy is the initiative of George Osborne, previous Chancellor of the Exchequer, to assist the funding of apprenticeships and training in order to invest in Britain’s future.
Your Christmas party expenses as a limited company director
As the director of your own limited company, you may be entitled to tax relief on your 2016 staff Christmas party. Check out the criteria and see if you can benefit.
Autumn Statement 2016 – the new Chancellor means business
Chancellor Philip Hammond has just announced this year’s Autumn Statement, outlining the government’s future plans for the economy, including imminent changes to tax legislation.