Money News & Guides

Contracting allows you freedom to build up a varied and impressive CV and the financial rewards can be far greater on leaving permanent work.

Most IT contractors don't take full advantage of the opportunities afforded to turn their companies into real small businesses. Here are 10 suggestions.

Property purchase represents a relatively secure and often very profitable investment that should be at the forefront of any IT contractor wish list when it comes to deciding on future financial goals.

'A' Day (Appointed day) arrives on 6th April 2006 and brings with it sweeping and radical changes for contractors looking to invest in a pension – either via a one-man limited company or personally.

Accountant tells CUK of the ways IT contractors can ease the pain of tax at 50p.

£100K+ contractors to feel the effects of no personal allowance, says IFA.

A guide to NICs payable by limited company and umbrella contractors.

Why contractors should oppose the simpler filing regime for micro-business, by Safe Collections.

Sole trader or Ltd? There are hard and fast rules when declaring to HMRC.

Expert nuggets to help contractors turn their investments into golden opportunities.

It’s all Greek to me!...How could the Eurozone crisis impact contractor finances?

Contractor Money's second guide for contractors, as stock market based investments suffer extreme volatility and UK gilts yields plummet to historic lows.

Contractors’ IFA shares his top tips for financial security this year, and then some.

Contractors' IFA continues his tips on making your money go further than last year.

Clock is ticking for the self-employed to legally and ethically save tax.

How contractors can respond to a regular client who starts paying irregularly, or not at all.

No signed contract? No agreed price? Fear not, says business solicitor Nigel Musgrove.

IFA: Contractors struggling to sell-up may have an upside that's long-term and lucrative.

10 reasons you can’t afford to put off considering your demise.

IFA: 'We're all In' adverts are aimed at employees, but potentially contractors too.

£50k-plus contractors can dodge the worst of the claw back, but the clock is ticking.

IFA: Putting premiums through your limited company avoids enriching the taxman.

A trio of trusts are now ripe for contractors to review, as the taxman is about to step in.

Everything you need to know about APNs, which are now in force and not to be ignored.

Your dreams and obligations may be poles apart, but knowing when to act is the key to both.

Stop yourself sleepwalking into automatic month-on-month fines from Friday.

IFA analyses which political party might impact your personal finances the most.

What contractors need to know about CGT ahead of possible reforms next week.

How contractors can cut their tax bills when dividend reform bites in 2016.

IFA: While the cost of cover will go up, the tax take on your buy-to-let doesn’t have to.

IFA on the personal finance highs and lows of the chancellor's red book.

Having a business to run - and mouths to feed - is going to be more palatable from next April.

Simple guide to everything you need to know about obtaining a mortgage as a contractor.

IFA's rundown of new financial rules, and how to prosper in spite of them.

The one-man band who stood up to HMRC is proof it's easier if your knowledge can't be picked on.

Mortgages, Pensions and ISAs

More contractors climbing on the property ladder isn't just good for the economy.

For some contractors, the incoming pensions cap is already as good as here, writes IFA Tony Harris.

Property isn’t the safe investment it once was, writes IFA Tony Harris, despite contractors relying on it for retirement.

Sheltering funds from the taxman is incentive enough for some, writes ISA expert Tony Harris.

IFA: If you know the drawbacks, new drawdown rules can safely preserve more of your wealth.

Trading history for the self-employed is a home ownership barrier that contractors can easily overcome – IFA.

No name – no deal, say wary lenders, unsure of umbrella working under the AWR.

Low cost funds clearly have the edge over high costs funds if it’s all about return.

IFA: High earning contractors should act now to soften a potential blow on March 21st.

Act today or join the thousands of homeowners facing steeper repayments tomorrow.

Contractors have a lifeline beyond IT-based mortgage boxes and unaware branch staff.

IFA on rule changes and a possible pension plan - with the benefits of the CUK Money Club, and without.  

IFA: Rumours of the demise of interest-only contractor mortgages have been greatly exaggerated.

IFA: Promptly putting a pension to use can legally deprive the taxman of your profits.

IFA: Top earners can’t afford to delay, so make a personal contribution before April 5th.

The perfect workaround to the FCA's new rules is already here, before they bite from next April.

IFA reveals the Help to Buy lender who is being contractor-friendly to all.

Spouse-friendly proposals to alter inheritance laws are sure to inspire some to make a will. 

All you need to know about Individual Savings Accounts as a contract professional.

For better or worse, 95% mortgages using your gross annualised contract rate are now on offer.

IFA: Shelter yourself from the impending rise in interest rates by going fixed.

Take a final shot at your investment goal before the tax year-end whistle blows.

What new mortgage application rules, now in force, might mean for you.

IFA: Pensions tax relief is an unwieldy mess, but a 30% flat rate won’t add up to many.

Three big financial events for contractors have, in as many months, become easier to plan for.

Exercise the new nest egg freedoms before another (positive) pension change takes effect. 

The lowdown for tax-savvy over-55s who want to earn through retirement funds.

Budget Analysis for Contractors

What the Budget means for you, by contractor money expert Tony Harris. Part 1: ISAs, pensions and sin taxes.

What the Budget means for you, by contractor money expert Tony Harris. Part 2: Mortgages, reliefs and investments.

What Osborne did to mortgages, investments, pensions, parents and pints.  

IFA says both ends of your contracting career should be better off under Osborne.  

Money News

'An extension to the trust registration deadline for self-assessing doesn’t go far enough.'

Nov 13, 2017

Big dent in the £85,0000 ceiling billed as a ‘disaster’ for one-person traders.

Nov 9, 2017

At-a-glance rundown of what OTS is proposing on Value Added Tax, and why.

Nov 9, 2017

Revenue reminded that only 5% of what’s missing is from people ducking their liabilities.

Nov 6, 2017

Three ways to ease Value Added Tax’s complexity said to be incoming.

Oct 30, 2017

A true champion of small businesses would tackle IR35 and the dividend tax, says Qdos.

Oct 24, 2017

Appeal for HMRC to be 'sympathetic,' despite its 'business as usual' stance.

Oct 23, 2017

Guidance, examples and a calculator called for to cut through complexity.

Oct 19, 2017

Contractor's Questions

Nest eggs come with tax savings when PSCs pay monthly into employer contributions.

No quick fix for a PSC whose property let is too short term for tax treats.

Mitigating stamp duty isn't possible; circumventing it all together is -- IFA. 

Top tips for a contractor whose second 'Ltd' is meant for properties but is standing empty.

Foreign exchange expert helps a contractor who accounts in sterling, yet invoices in everything but.

IFA tots up Leave's initial impact on home loans, cover and nest eggs.

Some specialists will let you 'gear up' now, if you're willing to put down more first.

Lettings agency woes hinder a permie trying to move up, and out.   

Going in with your spouse can exempt you from now in force surcharges. 

When it’s deducted is the key NI difference between employees and directors.

Becoming your own boss isn't necessarily your lender's business, reassures an IFA.

Top tips on the quiet housing market for a contractor being badgered by an agent.

Debt specialist says a liability may still exist, in contractual if not practical terms.

IFA: Don’t expect your current lender to trump the rest; shop around or specialise.

Reassurance for a freelancer who doesn’t want to live in the first property he buys.

What contractors need to do for tax purposes and when.

'Eco-friendly or not, tax write-offs beyond your trade’s purpose won’t fly with HMRC.'

IFA helps a limited company owner wondering if he’s missing a trick on pension contributions.

'Even just dipping your toe into IT contracting has tax consequences.'

Expert aid for when IT services suppliers are left out-of-pocket.

IFA helps an IT contractor eyeing a French holiday home as his nest egg.

Reassurance for an IT contractor whose agent isn’t liable to pay him.

Legal aid for an IT contractor chasing the chasers of his unpaid invoices.

Investment tips for a UK contractor hoping to profit in spite of the falling pound.

IFA helps an unsure ‘Ltd’ contractor coming to the end of fixed repayments.

IFA on how to make the most of money left in contractor business accounts.

An IT contractor in legal bother may be able to a launch a claim of his own.

IFA says it's never too late for contractor couples to talk about pensions.

IFA on how contractors can add to a pension pot or start a nest egg from scratch.

Legal aid for a contractor being told to blame the economy for not getting paid.

Tax expert helps a non-VAT freelancer being told off over invoices.

Legal expert on when to take an interest in the late payment law.

Tax advisers demystify changes to the rules for company cars, van and fuel.

Freelancers are entitled to benefits if they work less than 16 hours a week, says PCG.

Financial advice for IT contractors wanting an ISA with a higher return.

Tip for a contractor wanting to avoid the higher rate of national insurance.

Expert aid for a freelancer whose new pension shares are pointing downwards.

Tax Tables

A guide to the Inland Revenue Taxes and Allowances for 2011. Includes NI, Corporation Tax and Personal tax rates.