The Contractor Advice UK website is an information-packed resource for contractors, freelancers, and interim professionals in all sorts of industries. Much of the advice in the blog applies to UK limited company contractors but also most UK business owners in general. Please note, the website has now been live for a couple of years and will aim to bring the best free advice to those with a contractor limited company as well as small business owners.
Within the Contractor Advice UK blog, there are plenty of useful articles for limited company contractors. Key to note, these cover all sorts of aspects such as contractor accountancy services, tax saving ideas, business travel, salaries, dividends, tax returns, tax year dates, starting a company, closing a company and many more.
Some of the more complicated articles cover Companies House and HMRC areas and the various taxes which apply to UK small businesses.
The Contractor Advice UK blog is a reference point for UK limited company contractors, however, there is also:
- A great contractor forum -you can join discussions and introduce yourself.
- The private members’ area -here you can view important articles which may affect you as one of many UK limited company contractors.
- A contractor finances page -this contains articles on all the important financial issues for those with a contractor limited company such as insurance, mortgages, income protection and life insurance.
Please enjoy your stay and feel free to register as a member and sign up for the future newsletters.
Expenses Guides
Work clothing for UK contractors -learn when it is tax-deductible
Introduction Can you claim contractor work clothing (UK) or business clothing as a genuine business expense while UK contracting? In addition, if you’re a limited company contractor, when are work clothes tax-deductible? Let’s investigate contractor clothing more closely and find out when can you claim tax back on work clothes (UK) as part of your contractor tax deductions. What’s more, if you’re looking to claim business clothing through your contractor limited company or small business, can you write off clothes for work? Indeed, there are many common thoughts around contractor clothes from both contractors and other business owners alike. These include is buying a suit a business expense and are shoes tax-deductible. Therefore, we’ll delve into limited company clothing ...
Buy a laptop or computer for business as a UK contractor
Introduction -how to buy a computer for business When you’re a limited company contractor ...
Create your own business website as a UK contractor
Introduction -contractor website design or web design for small business (UK) How should you ...
Relocation expenses for UK contractors -learn what you can claim
Introduction As a UK limited company contractor, there may come a time when you ...
Claim for phone and broadband costs as a UK contractor or small business
Introduction As a UK limited company contractor or small business owner, what can you ...
Tax Saving Guides
UK Contractor expenses guide -learn what you can claim
Introduction This article is the official UK contractor expenses guide from Contractor Advice UK. When we consider what expenses can I claim as a contractor, what should we think about? Besides the advice in this article being aimed at UK limited company contractors, most tips also apply to small and medium business owners too. Within this business expenses guide, we’ll look at UK limited company contracting expenses and investigate what are business expenses for contractors. In addition, we’ll look at a contractor expenses list which includes many different types of company expense. Indeed, contractor and small business owner costs ...
Trivial benefits for UK contractors and directors
Introduction Trivial benefits for directors are an available exemption ...
Relevant Life Insurance for Directors & Contractors
Introduction -Relevant Life Insurance for Contractors & Directors Are ...
How much dividend can I take as a UK contractor
Introduction As a UK limited company contractor, how much ...
UK Marriage allowance transfer & transferring tax allowance to spouse
Introduction -marriage allowance (UK) The UK married couple's allowance ...
Financials
Relevant Life Insurance for Directors & Contractors
Introduction -Relevant Life Insurance for Contractors & Directors Are you paying for your life insurance out of your own pocket as a UK contracting professional? Indeed, if the answer is yes, then you may be paying too much as a UK contractor or limited company director and it is time to look for the best life insurance policy (UK). Basically, Relevant Life Insurance for contractors and directors is tax-efficient life cover. That is to say, Relevant Life cover for directors moves the cost of your life insurance policy from your pocket to your company expenses. In conclusion, your business will ...
UK Critical Illness Cover – Contractor Advice UK
Introduction -best Critical Illness cover (UK) UK Critical Illness ...
UK Professional Indemnity Insurance – Contractor Advice UK
Protect your limited company against claims of professional negligence ...
Contractor Business Insurances – Contractor Advice UK
A detailed breakdown of the top 4 contractor insurance ...
Income Protection Insurance for Contractors – CAUK
Introduction -what is UK Income Protection insurance for contractors? ...
Other Guides
Contractor banking & how to choose a UK contractor bank account
Introduction When you look for business banking for independent contractors, what should you consider in respect of a UK business bank account? Basically, when you start your own company for the first time, there’ll be various tasks to complete. Besides finding work for your first UK contracting role through a recruitment agency or directly with a client, you’ll also need to open an independent contractor bank account for your UK limited company. All limited company contractors need to open a company bank account for their business to do their contractor banking. Therefore, when you’re starting up with a new business, you ...
Director’s loan and how this works for UK contractors
Introduction -what is a director’s loan account? If you’re a director ...
Electric company car for UK contractors and directors
Introduction -electric cars for company directors Today, electric cars are relatively new ...
Switching accountants as a UK contractor -how to do this
Introduction -how to change accountants (UK) How can you change your ...
File Companies House Confirmation Statement form as a UK contractor
Introduction -the Companies House Confirmation Statement As a limited company contractor ...
Some Key Articles
Trivial benefits for UK contractors and directors
Introduction Trivial benefits for directors are ...
UK contractor accountant -learn what to look for
Introduction When you start contracting, you ...
Director’s loan and how this works for UK contractors
Introduction -what is a director’s loan ...
Personal Incidental Expenses -how can you claim as a UK contractor
Introduction As a UK contractor, you ...
UK contractor Christmas party allowance
Introduction As a UK limited company ...
Why Contractor Advice?
UK business owners come to Contractor Advice UK to educate themselves on a wide number of areas. As well as general accounting advice, there are also many tips on how to become tax-efficient and save money when you run your own UK business.
