Guide Tax & money
Making Tax Digital for Income Tax: what it means for contractors
Making Tax Digital for Income Tax is already live for some sole traders and landlords. A limited company, on its own, is still outside it.
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Tax & money
Personal tax, pensions, mortgages and the loan charge. 282 articles, newest first.
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CaroolaContractor accountants
One of ContractorUK's contractor accountancy partners.
SG AccountingContractor accountants
One of ContractorUK's contractor accountancy partners.
Dolan AccountancyContractor accountants
One of ContractorUK's contractor accountancy partners.
Latest on tax & money
Guide Tax & money
Profit and loss accounts set for public filing at Companies House from 2028 — what it means for your contractor business
The rules on what small companies must make public about their finances are changing — and the changes go further than many owners realise. Even a new opt-out from…
Guide Tax & money
As HMRC steps up VAT compliance activity, how should company directors prepare?
VAT compliance checks where no review by the taxman has taken place in the past five years are underway. Act now, ideally across five key areas, before an inspector…
Guide Tax & money
Contractors, can the new HMRC loan charge settlement opportunity reduce your bill?
In return for a commitment to settle all related disguised remuneration matters, ‘John’ (and other contractors) could be looking at lowering their HMRC liability by £55…
Guide Tax & money
To escalate or wait? With late payment, even month two is too late
The Small Business Commissioner’s trumpeting may sound like payment times are improving, but actually, we face a £26billion issue that the government has yet to find its…
Guide Tax & money
New UK crypto rules now apply. Here’s how mandatory reporting affects contractors
HMRC just got the biggest upgrade yet in its bid to close the crypto asset tax gap. Buyers and sellers should prepare for increased scrutiny.
Guide Tax & money
When a contractor invoice is unpaid TWO YEARS later, move on
Being left out-of-pocket for an extensive period thwarts usually sensible debt recovery options, even if LinkedIn users say otherwise.
Guide Tax & money
Making Tax Digital for contractors: a how-to (and from when explainer)
Who MTD by HMRC applies to; who it applies to next, and who’s at risk from the ‘MTD net.’
Guide Tax & money
Smart Accounting for Contractors
Join hundreds of savvy contractors who trust The Accounting Crew for hassle-free, HMRC-compliant accounting — and get 2 months free when you sign up via Contractor UK.
Guide Tax & money
Which business bank account as a contractor is best?
Finding the right bank is a time investment. But don’t only look at about how much you’ll outlay, as some ‘free’ accounts now penalise you for being paid.
Guide Tax & money
DCPUs: Contractors, get out of first gear to drive with tax-efficiency
From April 6th 2025, Double Cab Pick-Ups will be treated as company cars for BIK purposes. And this time, there’s no U-turn.
Guide Tax & money
I just opened a SIPP as a contractor. Now what?
With pensions, the tax relief principle is always the same -- a bit like the need to open up to an IFA to properly fill in your retirement saving blanks.
Guide Tax & money
How much tax to pay HMRC on cryptocurrency?
Don’t take a ‘wait and see’ approach as a contractor with crypto-related income and gains – SG Accounting.
Guide Tax & money
Five tax return mistakes contractors will make any day now…
Five filing faux pas to avoid if you want to hang on to your money this tax season, and not enrich HMRC.
Guide Tax & money
Chartered Accountants
MarchMutual are here to make your life easier. Preparing your invoices, expenses, bank statements and any HMRC documents onto our online system will lead to a stress…
Guide Tax & money
A contractor’s Autumn Budget financial review
Crunch the numbers this Christmas before the chancellor possibly changes up yours considerably. Or better still, get an IFA like me on your case.
Guide Tax & money
Guide to mortgages for umbrella company contractors
As a contractor working through an umbrella company, getting a mortgage can present unique challenges.
Guide Tax & money
Guide to mortgages for contractors working through UK limited companies
As a professional contractor operating outside IR35 through a limited company or Personal Services Company (PSC), securing a mortgage can be challenging through…
Guide Tax & money
Guide to Construction Industry Scheme (CIS) mortgages
If you’re a CIS contractor (or subcontractor), you’ll have noticed how difficult it is to get a mortgage from a mainstream lender.
Guide Tax & money
Contractor Pensions & Tax Planning: Maximise Your Retirement Savings
Angela James at Yolo Wealth has dedicated the last decade to providing advice tailored to contractors and freelancers, working in partnership with Contractor UK and its…
Contractors' Questions Tax & money
Contractors’ Questions: Is it legal to 10-day backdate an invoice so it’s payable immediately?
‘Just because there’s no law against it doesn’t make it not misleading or unfair’ -- plus Direct Debit Guarantee tips.
Guide Tax & money
Employment Allowance: what it is and how to claim up to £10,500
The Employment Allowance covers up to £10,500 a year of an employer’s Class 1 National Insurance. A sole director does not qualify unless someone else on the payroll is…
Guide Tax & money
Contractors, UK mortgage rates just fell to sub-4%, but is July 2024’s downward trend set to continue?
Our contractor mortgage rates are better than the market's average rates -- plus while they’re not sub-4%, unlike the Nationwide’s new deal, they are sustainable.