The UK's flagship infrastructure project, High Speed 2 (HS2), is once again under intense scrutiny. This week, The Guardian revealed that the railway's timeline has been pushed back beyond 2033, and ...

The simple NI/PAYE calculator allows you to calculate PAYE/NI on the salary that you pay yourself out of your limited company. Our tax calculator uses tax information from the tax year 2014 / 2015 to ...

Contractors can claim travel expenses from their limited company, which can in turn enjoy corporation tax relief, when working on a client’s site. But this is only possible for as long as a contractor ...

What interest can be charged? Interest can be charged on an overdue payment from the day after the last day that it should have been paid. So, using the example above, if the invoice was dated the ...

What is Value Added Tax? VAT stands for Value Added Tax. VAT is a tax on the purchase price of most goods and services sold in the UK and the Isle of Man. You can check items that are exempt of ...

Contractors don’t need employment rights, but situations do arise where a long-term relationship between a contractor and a client starts to resemble having a job. If you are inside IR35, there is a ...

Contractor rates vary hugely across the different contractor sectors and the wide range of contractors roles within them. If you add to that the fluctuations in market demand and variable availability ...

Contractors often incur expenses when delivering their services to clients, and some may also purchase goods and services on behalf of their clients. These expenses and Disbursements are treated ...

Independent contractors are self-employed workers who provide services for an organisation under a contract for services. Independent contractors are not employees and are typically highly skilled, ...

Contractors suffering late payment for unpaid and overdue invoices must follow the correct debt recovery procedure and process to maximise their chances of successfully obtaining payment from clients ...

An understanding of the types of contracts between clients, agencies and contractors and employees is vital for contractors and hiring firms to be able to determine whether they are working inside or ...

Dear Contractor Doctor, I am a contractor who has been running my own limited company for several years. I am the only shareholder and director in my company. My spouse is company secretary and has ...