02032911913
Free call
-
How the public sector can beat IR35
- February 2, 2017
- Posted by: admin
- Category: Contractors
No Comments
If you are a contractor in the public sector, then you are aware that there are changes taking place. However, I want to tackle some misconceptions. Many people believe that all public sector contractors will be affected by the change…This is not correct. The IR35 reforms from April 2017 require public sector organisations that
-
Should I leave the Flat Rate Scheme?
- January 27, 2017
- Posted by: admin
- Category: Contractors
From April 2017, the Government is introducing a new 16.5% Flat Rate VAT scheme that many ‘labour-only’ businesses, such as contractors, will have to move to. This will reduce some of the benefits of Flat Rate VAT for many self-employed firms, but it will still be more cost-effective than not being in the scheme. Due to the
-
How a Merry Christmas could save you thousands in taxes
- December 29, 2016
- Posted by: admin
- Category: Business Growth, Contractors, Expenses, Start-ups
Hope you enjoyed your Christmas and are looking forward to a prosperous new year. Did you have a Christmas do? Or Christmas outing with your colleagues? What if you were able to claim your Christmas party cost as a company expense? I can almost hear you saying ‘yes please’. Ok! There is no specific allowance
-
How will the changes to Flat Rate VAT affect you?
- December 9, 2016
- Posted by: admin
- Category: Contractors, Tax
The growing number of contractors was directly cited by the chancellor in the recent autumn statement as the cause for declining tax revenues. The chancellor obviously thinks that tax and especially VAT were too generous to contractors. So, on top of the dividend tax increase which kicked in in April 2016, the government will now