For most contractors, Holiday Pay is an area that causes a lot of confusion when they register with an umbrella company. Our short blog explains what Holiday Pay means when you work through an umbrella company and how it is calculated.
There are many reasons why you might consider closing down your limited company and start contracting through an umbrella company. Whatever the reason for switching, you will need to consider the process of closing down your company and ensure you thoroughly research umbrella companies.
The end of the tax year is fast approaching, and it is important to use the next few months to organise your finances. Our short guide will provide you with a simple checklist of the critical changes you can expect to see in the new tax year.
As a limited company contractor, choosing an umbrella company can be confusing. Read our short guide where we explain how to decide which umbrella company to use.
With the tax return deadline fast approaching, some taxpayers encounter issues which cause delays in filing their self-assessment. From the funny to the ridiculous, we’ve collected some of our favourite excuses along with some simple Do’s and Don’ts to follow when submitting your tax return.
With Christmas fast approaching and the festivities getting into full swing – it’s time to consider what Christmas party expenses you can claim via your limited company.
Many freelancers will ‘test the water’ by doing some freelance work around their permanent job before moving to self-employment. But what are the tax implications of freelancing on the side?
Important changes are coming into effect which means second home owners and buy-to-let landlords may be subject to capital gains tax payments sooner than anticipated. The legislation will be introduced in the Finance Bill 2019-20 and would be effective from April 2020.
It’s possible to claim capital allowances on cars which are bought for business use. This means you can deduct part of the value of the car from your profits before tax.
National Coding Week was first launched in 2014 in a bid to tackle the UK’s growing digital skills shortage. It has now become an annual event to get as many people as possible to learn about coding and to encourage industry experts to share their knowledge.