If you’re considering starting your own Limited Company, there are quite a few things to think about. We can help with all of this. We can provide you with software to look after everything, which is in partnership with FreeAgent, incorporate your company and introduce you to some of our partners to help with items such as insurance protection and online business banking. We find that VAT is often left to just utilising the standard VAT scheme of quarterly submissions calculating VAT … [Read more...]
What is a cash flow forecast and why should I make one?
What is a cash flow forecast and why should I make one? Financial forecasts aren't just for large multinational corporations. They are valuable for any business and are perhaps even more important for small businesses, where a healthy cash flow is essential given they don’t always have as much cash available to draw on in case of an emergency. A cash flow forecast can help you: plan out how much you expect to make in sales this year plan how much you expect to spend in … [Read more...]
Moving back to a trusted umbrella service from an expensive PSC provider!
Following changes for off payroll working in the Public Sector, many contractors may have found themselves assessed as working inside IR35. Many end clients do not want the hassle of deciding each individual case and so have placed a blanket ban on all contractors. Many of these contractors cease operating through their own limited company, and opt instead for umbrella employment as their agency and end client have suggested. For a contractor working inside IR35 this is usually the better … [Read more...]
We are giving away iPad’s
It really couldn't be any easier. 1 x iPad will be won by a Consultant - If you are a consultant working with us, you will be placed in the draw for every contractor you send to us. (There are no restrictions on how many times you can be entered) 1 x iPad will be won by a Contractor - All new contractors registering with us before the end of June 2017, will also be placed in the draw to win. (You will need to be fully registered and in an assignment to qualify) The draw will … [Read more...]
Every Friday is a Good Friday with ePayMe
There has been a lot of dispute in the media about the ‘true’ meaning of this bank holiday weekend, so we thought we might weigh in because we believe it’s ePayMe. We decided to write down some points to help you understand why ePayMe is the top payroll provider choice for all your temporary or contracting work this Spring. Efficient and knowledgeable team to make your payroll as hassle-free as possible. Affordable services that won’t break the bank. Succinct information keeping all … [Read more...]
The Sun Doesn’t Always Shine
IR35 Autumn Statement Public Sector (let's not forget the Private Sector) April 6th legislative change Apprenticeship Levy Not only have the above words been searched countless times on google, been on a plethora of agendas, they remain areas constantly being discussed. No longer a question of when or if the changes will be implemented or even delayed, the legislative landscape has changed – with changes implemented 6/4/17. If you’re not on the front foot now, there is still time, … [Read more...]
HMRC puts its own IT contractors inside IR35
The IR35 digital tool was delayed because the very IT contractors who built it quit the tax authority amid fears it would place them inside tomorrow's new legislation. In fact, the 18 limited company IT contractors who worked on the tool – the ESS – left HMRC on Friday before it was publicly unveiled, fearing for their own IR35 status. “This is why the launch date for the tool was delayed and also why HMRC have struggled to get it working properly,” said a PSC whose colleagues were on the … [Read more...]
An open letter to workers and contractors in the NHS
Dear NHS workers and contractors, We would first like to start this letter with saying thank you. Thank you for everything you have done, everything you continue to do and everything you will do as you continue to slave under the laborious and hard hours working for our National Health Service. After reading through articles by the BBC, Independent, Daily Mail and so on it is clear that you are seriously having a hard and worrying time working where you do. This past year has thrown … [Read more...]
NEST gets better for members
Even though it has been signposted for years, NEST members should have had a small moment over the weekend when they felt a small seismic shudder, because some new opportunities opened up for them on 1 April. 1. They can now transfer benefits into NEST; 2. They can transfer their funds out of NEST, and 3. There is no cap on the amount of contributions that they can pay in. The first is actually more exciting than billed, because there is no contribution charge on … [Read more...]
NHS deems its entire PSC workforce inside IR35
The dozens of PSC contractors who will quit working at a London hospital before next Thursday look like a precursor to a much bigger exodus of such workers from the health service. In fact, despite warnings that 85% of PSCs will quit if decided inside IR35 by their client from April 6th, the NHS has told its entire PSC workforce that it will be caught by the new legislation. In an email seen by ContractorUK, NHS Improvement says “all” locum and agency staff will be “subject to PAYE and on … [Read more...]
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