The Autumn Statement 2022 Full Report – what it means for Limited Company contractors
Since the reversal of Liz Truss’s tax policy changes last month, new PM Rishi Sunak and Chancellor Jeremy Hunt have promised a new statement, concluding that now is the right time to proceed with a package of tax cuts. In [...]
BREAKING NEWS – Repeal of IR35 reforms and back track on Corporation Tax
Jeremy Hunt, The Chancellor of the Exchequer, has today scrapped the plans to repeal the Off-payroll IR35 Reforms, which had been announced by Kwasi Kwarteng on 22 September 2022. As part of his ‘Growth Plan’, Kwarteng had set out a [...]
MINI BUDGET SEPTEMBER 2022
The mini budget - what it means for contractors Well that was a big U-TURN affecting the contracting industry! The (not so) mini-budget delivered by new Chancellor, Kwasi Kwarteng last Friday, had a lot more in it than anyone expected. Repeal [...]
A Limited Company contractor’s guide to the Autumn Budget 2021
Autumn Budget 2021 The Chancellor Rishi Sunak presented his third Budget on 27 October 2021. In his speech he set out the plans to “build back better” with ambitions to level up and reduce regional inequality. Main Budget proposals Tax [...]
Planning on giving freelancing or contracting a go? We reveal how much tax you’ll pay
Has lockdown got you considering your working options and whether a career in freelancing or contracting might be your next great move? If it’s something you’re considering, but you’ve still got a foot in permanent employment, then you’ll need to [...]
What Limited Company contractors need to know about the Status Determination Statement (SDS)
As a Limited Company contractor you’ve probably been ensuring that you’ve done everything you can to understand the changes to the IR35 reform, and what you needed to be doing. But can the same be said for your end hirer [...]
Thinking of switching from Limited to Umbrella? Here’s everything you need to know
So the IR35 legislation change has finally happened, and you may now find yourself contracting inside IR35. You’ve decided to use an Umbrella company for your next contract, but what’s the process of switching over and what do you need [...]