International Women’s Day is celebrated annually on the 8th of March. To celebrate International Women’s Day, we take a look at how women are thriving as contractors and freelancers in the UK.
Contractors and freelancers working through a limited company can benefit greatly from taking initiative with their pensions. However, a recent report warns that freelancers are not saving enough for their retirement.
After a slow start in January, the contractor market has begun to pick up again as companies finalise budgets and begin to think about filling contracts. Now is the perfect time to take a look at how you could be marketing yourself and your business more productively.
As a contractor or freelancer, it’s important to maintain a good work-life balance. There are no set rules for taking time off as a contractor or freelancer; however, there are some golden rules to follow to manage your time wisely.
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).
Thinking of switching your contractor accountant? Your choice of an accountant can have a big impact on your experience working as a contractor. It’s important to choose an accountant who understands your business needs and the environment in which you work.
It’s the first week back to work after taking some much-needed time off over Christmas and New Year. It’s tough to get back into the hustle and bustle of ‘normal’ life after what seems like a long time off.
When do you complete your self-assessment? In 2018 over 30,000 taxpayers submitted their self-assessments in the final hour before the deadline on 31st January. Almost 750,000 people missed the deadline altogether. It is advised that you avoid this busy period and complete your self-assessment before Christmas.
Christmastime is a great time to be rewarded for a year of hard work – and contractors can benefit too. Whether you’re a one-person limited company or a company with 50+ employees, you can claim for some Christmas party expenses to be exempt from tax and National Insurance (NI).
Private sector contractors’ right to decide their own IR35 status is being taken away from April 2020 when they are engaged by a medium or large-sized client and working through an intermediary such as a limited company. With these changes coming into effect, it’s good to know how end-clients and agencies may handle IR35 in such instances.
