Time management tools and techniques for contractors
As a contractor or freelancer with your own limited company, time is money. Even though you work for yourself, you are contracted to make sure you complete the job to the best of your ability.
Becoming an IT contractor: take control of your career
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Becoming an IT contractor: take control of your career
Last updated on Tuesday, January 31, 2017Written by Alex Cadman
Are you thinking of becoming an IT contractor? Making a career change is not always easy, and switching from permanent employment can seem daunting. Despite this, IT contracting can offer so many advantages, for example, higher income, relaxed working hours, career independence and more.
Offshore schemes: HMRC cracks down on tax evasion enablers
Accountants, bankers, lawyers and other advisors are being targeted in HMRC’s latest tax crackdown, as those who enable offshore tax evasion now face strict sanctions which came into effect on 1st January.
Unusual excuses for late tax returns are unveiled by HMRC
If you fail to submit your Personal Tax Return by 31st January 2017 you will be subject to an automatic penalty. HMRC has released some of the most creative, yet unsuccessful excuses they have received for the submission of a late Personal Tax Return.
Sole traders: are you spending too much time on your tax returns?
A survey by YouGov found that the UK’s sole traders spend a total of 9.5 hours completing their personal tax returns. Are you a sole trader that spends too much of your precious time completing tax returns?
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.