Why job hunting should never be a rash decision

  We’re all familiar with the scene at the end of the movie when the main character finally cracks, shouts “I QUIT” and storms out. And when you’re unhappy at work, it’s easy to start daydreaming about reenacting that exact situation. But let’s leave it to the movie stars to make these rash decisions on […]

How are the IR35 changes going to affect me?

If you’re currently working through your own limited company on a contract basis then there are some tax changes HMRC are pushing through that will potentially affect you from April 2020. Here’s our guide to what’s changing, why and how it will affect you.   What is IR35? IR35 is a piece of legislation that […]

Why 90% take-home pay rates for contractors are too good to be true

No-one likes paying taxes and talking about taxes isn’t exactly interesting but, if you’re a contractor, your taxes are more important than ever thanks to changes with IR35.   A few years ago there was a lot of publicity about aggressive tax “management” schemes (some more legal than others) so the government made various legislative […]

Some things to bear in mind when starting out as a contractor

Contracting, be it in IT or another sector, can be a fantastic career choice for many people. It has many benefits over permanent employment; The flexibility of being your own boss A potentially higher income, including greater tax efficiencies A wider variety of projects and work which regularly changes An opportunity to develop skills that […]

What is ITEPA and why does it mean recruitment agencies need my personal details?

There is a perception that too many people are using loop holes to avoid paying their “fair-share” of tax and HMRC shares this opinion. To help counteract this, they have put in place several new pieces of legislation that affect the recruitment industry.  Income Tax (Earnings and Pensions) Act , known as ITEPA, came into […]