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
Business gifts -learn when they are tax deductible
Introduction -business gifts When you are in business, are client gifts tax-deductible (UK)? In addition, when are corporate gifts to customers tax-deductible? Many business owners, including limited company contractors, will consider buying gifts for clients at one time or another. Such business gifts for clients will be to say thank you for the work provided to them during the course of the calendar year. As a result of such business thank you gifts, they will ask themselves are business gifts tax-deductible. A business owner may also look to buy corporate Christmas gifts for clients for specific business contacts during the festive season, or at other times during the year. Therefore, they may also wonder are corporate gifts tax-deductible. There are ...
Marketing & advertising -learn about contractor advertising ideas
Introduction As a UK business owner and limited company contractor, can you claim for ...
HMRC professional subsciptions that are allowable for contractors
Introduction As a UK limited company contractor small business owner, can you claim for ...
When do you receive tax relief on training courses
Introduction As a UK contractor or business owner, when is training a business expense ...
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
Relevant Life Insurance for Directors & Contractors
Relevant Life Insurance for directors Are you paying for your life insurance out of your own pocket ? 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). Relevant Life Insurance for contractors and directors is tax-efficient life cover. It moves the cost of your life insurance policy from your pocket to your company expenses, and your business will benefit from tax savings that lower the premiums. Let’s consider what is a relevant life policy? As well ...
How much dividend can I take as a UK contractor
Introduction As a UK limited company contractor, how much ...
Dividend allowance -learn how this works
Introduction -the tax-free dividend allowance The annual tax-free dividend ...
Contractor expenses guide -learn what you can claim
Introduction This article is the official UK contractor expenses ...
Trivial benefits for UK contractors and directors
Introduction Trivial benefits for directors are an available exemption, ...
Financials
Income Protection Insurance for Contractors – CAUK
What is UK Income Protection insurance for contractors? Income protection for contractors is an insurance policy that provides you with a substitute income if you’re unable to work because of injury or illness. Most importantly, contractor income protection insurance (UK) normally pays out until you retire, you pass away or you return to work. However, there is also short-term income protection for contractors, where the policy pays out for a maximum of one or two years. What’s more, this shorter-term income protection policy is often cheaper. Income protection for contractors, otherwise known as contractor sickness insurance, was formerly called ...
Relevant Life Insurance for Directors & Contractors
Relevant Life Insurance for directors Are you paying for ...
Contractor Business Insurances – Contractor Advice UK
A detailed breakdown of the top 4 business insurances ...
UK Professional Indemnity Insurance – Contractor Advice UK
Protect your company against claims of professional negligence Most ...
UK Critical Illness Cover – Contractor Advice UK
Introduction -best Critical Illness cover (UK) UK Critical Illness ...
Other Guides
Electric company car for UK contractors and directors
Introduction -electric cars for company directors Today, electric cars are relatively new on the scene, as are hybrid cars. Indeed, as time progresses, vehicles with electric power should become more energy-efficient and friendly to the environment. Indeed, many UK contractors and company directors are looking to purchase an electric company car through their limited company. In addition, many others also look to purchase hybrid company cars as a cheaper alternative for their director's company car. What’s more, many who investigate contractor company car also consider an electric car lease through limited company. Therefore, if you are thinking about leasing or ...
Contractor banking & how to choose a contractor bank account
Introduction When you look for business banking for independent contractors, what ...
Switching accountants as a 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 ...
Contractor director’s loan and how this works
Introduction -what is a director’s loan account? If you are a ...
Some Key Articles
Personal Incidental Expenses for UK contractors
Introduction Personal Incidental Expenses (HMRC) for ...
Trivial benefits for UK contractors and directors
Introduction Trivial benefits for directors are ...
Contractor Christmas party allowance
Introduction -the company Xmas party allowance As ...
Contractor accountant -learn what to look for
Introduction When you start contracting, you ...
Contractor director’s loan and how this works
Introduction -what is a director’s loan ...
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.
