The contractor 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 a 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 work clothing or business clothing as a genuine business expense while UK contracting? In addition, when you are a limited company contractor, when are work clothes tax-deductible? Let us investigate contractor clothing more closely and find out when can you claim tax back on work clothes (UK)? If you are looking to claim business clothing through your contractor limited company or small business, can you write off clothes for work? In this article, we will look at some examples of questions in respect of a sole trader or contracting limited company clothing expense with regard to when can I claim for work clothes. Initial thoughts Questions around are work clothes tax-deductible There are various questions ...
Buy a laptop or computer for business as a UK contractor
Introduction -how to buy a computer for business When you are a limited company ...
UK contractor and small business website design
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 -the relocation allowance (UK) As a UK limited company contractor, there may come a ...
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. The advice here applies to UK limited company contractors with regard to what expenses can I claim as a contractor. However, most tips in the article also apply to small and medium business owners. Within this guide, we will look at UK contracting expenses and investigate what are business expenses for contractors. In addition, we will look at a contractor expenses list which includes many different types of company expense. Contractor and small business owner costs and expenses will cover a wide range and many ...
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 Marriage Allowance transfer ...
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, it moves the cost of your life insurance policy from your pocket to your company expenses. In conclusion, your business will benefit from tax savings ...
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 company against claims of professional negligence Most ...
Contractor Business Insurances – Contractor Advice UK
A detailed breakdown of the top 4 business insurances ...
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? Notably, when you start your own company for the first time, there will be various tasks to complete. Besides finding work for your first UK contracting role through a recruitment agency or directly with a client, you will 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. However, what is the best business bank account for UK contractors? It is important to ...
Director’s loan and how this works for UK contractors
Introduction -what is a director’s loan account? If you are a ...
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 Personal Incidental Expenses (HMRC) for ...
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.
