As a firm of contractor accountants, we know that it can be a challenge for contractors to focus when working from a home office. With mobiles, TV and potentially other family members around, it’s easy to be distracted. With Thursday 25th February 2016 being National Motivation Day, we have decided to compile our top 6 tips on how to remain focused and productive when working from your home office as a contractor.
If you are bored of looking at the fluffy dice that hang from your rear-view mirror and want the latest in automotive technology to improve your car journeys, then look no further.
Chinese New Year falls on Monday 8th February. In the Chinese lunar calendar, each year is associated with one of 12 animals in the Chinese zodiac.
2015 was a turbulent year for the contractor industry, with many changes announced to take effect in April 2016, such as the removal of Travel and Subsistence. Despite the challenges, contracting is set to continue to grow as an ideal career path, especially for IT and Finance professionals. What will this year have in store for contractors? What market trends and changes can contractors expect to see this year?
With the changes to Travel and Subsistence coming this April, thousands of contractors working through umbrella companies will see their take home pay reduced.
In the 2015 Autumn Statement, George Osborne announced an Apprenticeship Levy that will come into effect in April 2017. The purpose of this scheme is to help fund apprenticeships and “invest in Britain’s future”, but the question is, who will foot the bill? Probably you.
The internet is a vital tool for modern contractors in all kinds of industries, and promoting your personal website can be the key to truly making a success of contracting. Your website is often the driving force behind finding new work and can really be the turning point in your contracting career.
Are your friends and family still asking what you would like for Christmas? Want to give them a little inspiration? We’ve put together a Top 5 list of the best gadgets for contractors this Christmas.
Have you ever been bombarded by companies promising you over 90% take home pay? Over the years we have all seen promoters offering exactly that, by using contractor loan schemes. Promoters reduce the amount of tax you pay on your income by artificially diverting income through a chain of companies, trusts or partnerships and pay the contractor in the form of a ‘loan’. The ‘loans’ are claimed to be non-taxable because they don’t form part of a contractor’s income. However, in reality the ‘loans’ aren’t repaid and the money is used by the contractor as if it were his or her income.
You’ve decided that contracting appeals to you for your next career move; you will join the ever-growing independent professionals workforce of over 1.88 million. By choosing the limited company route, you open yourself up to the most tax efficient way to legally maximise your pay. Still thinking how to choose the right contractor accountant?
