Guides

IR35 plays an important role in the lives of many of our contractor clients. If you are a contractor then you need to be aware of this legislation as the cost of getting it wrong can be vast. At A4C …

Following the recent economic climate many previously employed professionals who have found themselves made redundant have made the decision to switch to a future career as a contractor.  There are considerable work / life benefits in opting for this career …

Are you claiming all the expenses you’re entitled to? Monday morning, grab a coffee on the way to the station.  Purchase a trade magazine while waiting for a connecting train.  Post a letter on the walk into the office. Sound …

If you are the director of a limited company then you really can’t afford to trade without purchasing insurance to protect your business and financial interests. The level of cover you need will depend on your industry sector but a …

Avoiding the “salary trap” Many directors withdraw funds from their limited company using a low salary / dividend combination.  The benefit being a preferential tax position and no National Insurance to pay on dividends.  However be aware that it’s becoming …

Everyone in the UK is responsible for paying tax, this money then funds the UK’s public services.  It is your responsibility to ensure that you pay the right amount of tax and on time, otherwise you could face serious penalties. …

Understanding childcare tax breaks Each parent in the UK is entitled to employer-supported childcare with a tax and NI free exemption of up to £55 per week or £243 per month.  This is a Government-supported scheme, designed to make childcare …

March, the last month in the current tax year – Don’t miss out on last minute tax saving opportunities. As a limited company director you should make time to evaluate your earnings so far this year.  You can then establish …