As a contractor, you will either be self-employed or run a limited company National Insurance(NI) needs to be paid by both employed and self-employed The NI amount is the same for people above 16 years of age for women and men You can secure a...
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Here are some tips and advice ensuring that business related disputes are dealt with promptly to ensure a positive outcome for you and your client. By not resolving a dispute as a contractor can have implications in terms of money and time as...
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A contractor should take out a pension as it offers many benefits in the long run. This quick guide will highlight the key points when choosing a contractor pension scheme. Pension Funds for Contractors As a Contractor, taking out a pension fund...
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Contractors in the UK have more ways of securing a mortgage than ever before. Investing in a property is a sound investment and one that any contractor should make. Our guide on how to apply and secure a mortgage will be discussed. Traditional...
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This quick guide demonstrates how to discover and close on-going contracts in the contractor market. Ongoing Search and Research Online research into your niche contractor market is key. By constantly scanning the contracting market you will be...
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The most effective Contractor invoices contain all the necessary information to facilitate swift payment by your client. Step 1 – Add your Contractor details Include your Contractor name, address and phone number at the top of your invoice so...
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Public sector contractors are affected by the ‘new’ IR35 rules which do not however affect contractors working in the private sector. The rules are complicated and unclear and key implications for those contractors affected will be highlighted...
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As a Contractor you should definitely consider taking out an Insurance policy from the beginning of your business. As a general rule you should determine the scope and extent of each project to ensure that you are covered for every eventuality...
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One of the main reasons people decide to stop being an employee and become a Contractor instead, other than having more control over their lives, is that Contractors usually make more money than employees. Here’s why it’s true that Contractors...
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For most people, finding out that they are getting a tax refund is great news because it means they get some extra spending money they weren’t expecting, which they could use to pay off debts, or spend it on anything else they can think of. Why...
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Polls on the EU referendum are showing conflicting reports, but it is obvious that both leave and remain sides are very close. This means there is a lot of uncertainty about how IT contractors will be affected if the UK votes to leave the EU...
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