Blog Posts

Contractors

Contractors can be self-employed sole traders or work for themselves through their own limited company. Get in touch for accounting help and support with common contracting questions, or find answers in our articles about CIS compliance, using subcontractors, and what working as a contractor means for VAT, invoicing, and claiming expenses.

What’s the Best Business Structure for a Contractor?

What’s the Best Business Structure for a Contractor?

Independent contractors, consultants, or freelancers are self-employed individuals who work for businesses, usually on a short-term basis. Hiring a contractor enables...

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Umbrella Companies for Self-Employed Contractors

Umbrella Companies for Self-Employed Contractors

Setting out to become a self-employed contractor will often mean you need to decide what sort of business structure you want...

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How Do I Become a Contractor?

How Do I Become a Contractor?

Starting out as a contractor can be a daunting but rewarding step. If you’re considering joining the world of contracting, or...

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The Construction Industry Scheme (CIS) and Contractors

The Construction Industry Scheme (CIS) and Contractors

The Construction Industry Scheme (CIS) rules set out how tax is managed by contractors and subcontractors working in the UK construction...

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An Overview of the Construction Industry Scheme (CIS)

An Overview of the Construction Industry Scheme (CIS)

The Construction Industry Scheme (CIS) is an area of the tax rules which impacts the way that contractors and subcontractors who...

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How to Work Out CIS Tax

How to Work Out CIS Tax

Contractors who operate in the construction industry might have several areas of tax they need to think about. You’ll have your...

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What is a CIS Statement?

What is a CIS Statement?

Back in the day (when tax returns were done through the post!), HMRC decided to clamp down on the construction industry....

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Your Guide to the VAT Domestic Reverse Charge

Your Guide to the VAT Domestic Reverse Charge

The UK VAT domestic reverse charge was introduced to combat VAT fraud in the building and construction sector. In this article...

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What is my Employment Status?

What is my Employment Status?

Your employment status looks at the way your relationship with an employer or client is classified legally. You'll usually belong to...

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What is IR35 and Does it Affect Me?

What is IR35 and Does it Affect Me?

IR35 tax rules were introduced to reduce the risk of tax avoidance caused by someone working through their own company, when...

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Who Is Responsible for my IR35 Status?

Who Is Responsible for my IR35 Status?

IR35 and off-payroll working rules can be confusing, but it’s important that contractors and their clients understand the processes and rules...

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Self Assessment for Contractors

Self Assessment for Contractors

Working as self-employed contractor means you’ll need to submit tax returns to tell HMRC about the money you earn, so they...

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