What expenses can a limited company contractor claim? A significant advantage of being a limited company contractor is the enhanced ability to claim tax relief on business expenses. Here we answer the question: “What expenses can a limited company contractor can...
Read MoreWhen is the right time to go limited?
When is the right time to go limited? Limited company contracting has many benefits but it’s not the right choice for everyone. Whether you’re new to contracting and want to weigh up your options, or you have been Umbrella contracting and are thinking of switching to...
Read MoreUpdate – changes to off payroll in the private sector (IR35)
Update – changes to off payroll in the private sector (IR35) Last month saw the end of the Government’s formal consultation on proposed changes to off-payroll in the private sector. The changes are likely to have a significant impact on some limited company...
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85% take-home from your Umbrella? Don’t be fooled
85% take-home from your Umbrella? Don’t be fooled If anyone tells you to expect 80% or more of your income as take-home pay, treat it as the surest sign your Umbrella isn’t following the rules but is leaving you exposed. Chris James, Head of Accounting at JSA...
Read MoreResponse to Off Payroll Working Consultation
Response to Off Payroll Working Consultation The government’s formal consultation on off payroll working (IR35) in the private sector closed last month. Read our response submitted by Chris James, Head of Accounting at JSA and Chair of the Freelancer and...
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