Churchill Knight Insurance Feature

The importance of life insurance and critical illness insurance for limited company directors

Working for yourself and setting up your own limited company offers many benefits. However, it unfortunately means you lose some of the benefits that are offered to permanent employees, such as sick pay. Whilst it is not a subject anyone wants to think about, it is worthwhile having the relevant insurances in place in the unlikely event that something may happen.

What does 2019 have in store for IT contractors?

Global trade frictions and uncertainty both in the United Kingdom and foreign markets due to Brexit has triggered a ‘wait and see’ approach to new business – slowing client spending on hiring. Despite this, technology and IT roles dominated the top pay rises in 2018 according to ContractorUK’s Salary and Recruiting Trends guide. This trend is set to continue in 2019.

Contracting abroad: the most attractive contracting destinations

One of the best perks of being a contractor is that you have the potential to take your profession anywhere. However, the UK remains one of the best contracting locations for those who wish to remain close to home; it has climbed from tenth place in 2013-14 to eighth place in the most recent Global Competitiveness Report by the World Economic Forum (WEF).

Churchill Knight Recruiter Zone non compliant payroll provider 2

How to spot a non-compliant payroll provider

It may be tempting to refer your candidates’ to a payroll provider that is promoting exciting incentives and exceptional take-home pay. However, you must not be fooled by these organisations who are offering the world because they are probably an offshore tax avoidance scheme. If recruitment agencies are found to be referring their candidates to such schemes, HMRC will not hesitate to hand out substantial fines that could bankrupt the business and prison sentences to the Directors. Here is some advice on what to look out for when assessing a payroll provider.