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The Government has called time on Travel and Subsistence claims where a contractor is working via an umbrella company. The changes are expected to have a huge impact on the take home pay of contractors working through an umbrella company as the main benefit of using an umbrella company will be removed as of 6th April 2016 when the changes takes place.

The Government has called time on Travel and Subsistence claims where a contractor is working via an umbrella company. The changes are expected to have a huge impact on the take home pay of contractors working through an umbrella company as the main benefit of using an umbrella company will be removed as of 6th April 2016 when the changes takes place.

Beware of those touting cheap accounting services that appear too good to be true.

Today’s Autumn Statement 2015 was a hotly anticipated event. The Chancellor was expected to confirm harsh measures that contractors working on a contract for more than one month would have to be put onto their client’s payroll.

The foul play and abuse of Travel and Subsistence claims by some umbrella companies could damage the reputation of your recruitment agency if you refer your contractors to them. With the government likely to crack down on the abuse of Travel and Subsistence claims, it's time to check you aren't at risk!

Have you ever been bombarded by companies promising you over 90% take home pay? Over the years we have all seen promoters offering exactly that, by using contractor loan schemes. Promoters reduce the amount of tax you pay on your income by artificially diverting income through a chain of companies, trusts or partnerships and pay the contractor in the form of a ‘loan’. The ‘loans’ are claimed to be non-taxable because they don’t form part of a contractor’s income. However, in reality the ‘loans’ aren’t repaid and the money is used by the contractor as if it were his or her income.

The Government announced drastic reforms to dividend tax in the summer budget; the changes will take effect from 6th April 2016. For most contractors, this means a significant dividend tax rise is coming. Our blog explains the changes that might affect you, and how you can stay one step ahead of the changes. Read on so you aren't caught out.

You've decided that contracting appeals to you for your next career move; you will join the ever-growing independent professionals workforce of over 1.88 million. By choosing the limited company route, you open yourself up to the most tax efficient way to legally maximise your pay. Still thinking how to choose the right contractor accountant?

With our special 'Refer a Contractor' promotion you can be! Read on to find out more...

Increased earnings, greater choice and fantastic career development are just a few of the benefits of contacting. There are now more reasons than ever to join a growing network of contractors to make the most of these fantastic advantages.