The interesting (court) case of the would-be contractor unreasonably denied freelance work serves as a cautionary client tale for 2025.
Crunch the numbers this Christmas before the chancellor possibly changes up yours considerably. Or better still, get an IFA like me on your case.
Budget brought a glimmer of hope that ‘LTD’ will be back in business in 2025-26, if only because the taxman’s new tanks are parked on the lawn of everybody else.
IT contractors in the UK, often operating through limited companies or as sole traders, must follow specific accounting and tax regulations. Proper financial planning is crucial for IT contractors to ...
In summary, a single-director limited company that employs individuals for administrative and company secretarial duties, including spouses, will face increased National Insurance (NI) contributions ...
Whether you’re just starting out or looking to switch accountants, join the thousands of contractors who have trusted Bright Ideas Accountancy for their financial needs.
SFP MVL are the number 1 provider of Members Voluntary Liquidation (MVL) solutions in the UK. As part of the award winning SFP Group and the preferred choice for the majority of contractor accountants ...
The divisive issue of establishing whether a contract is “inside IR35” or “outside IR35” is hashed out in decades of employment status case law. But while historic, this case law is also continually ...
I told ContractorUK back in March that more guidance from HMRC on the Managed Service Company legislation was incoming, but it’s only just emerged now, in the form of Spotlight 67, writes former tax ...