Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Hi all!
Hugely appreciate all of the expertise on this forum. Long time reader, first time poster. Just keen to make sure I've got the below correct.
I started contracting in January 2026, and have a Limited Company setup. I have the following income streams:
A monthly 'salary' from a...
Question: How do you feel about the security of contracting compared to permanent employment right now?
While contractors are often told they're the ones taking the risk, the headlines are telling a different story right now. Meta told staff to work from home, then sent 8,000 of them layoff...
Hi all,
I’d appreciate some perspective from anyone who’s handled something like this.
I contract through my Ltd company. Last month, I completed a short three-month engagement for a client via Agency A. That was a one-off; Agency A doesn’t have an ongoing supplier agreement with the client...
Hi,
Starting a new contract (outside IR35) next week (22nd Sept) and I looking for recommendations for a business account I can open without too much fuss (If that's possible). I need an account that's reliable, efficient and has free transactions.
Thanks
Please find below situation for Director 'Fred' who is director of all below companies
Company
SIC Category
How long established
Comp A
Software Consultancy
10 years
Comp B
Finance Leasing
4 years
Comp C
Software...
Hi all.
looking for any recommendations on accounting software for IT contractor (limited company)
Keen to find one with:
vat
bank integration
payroll
expenses
note: I’ve always batted trying to know what dividends you can take each month based on what is coming in ensuring I leave...
Hello :)
I'm after some advice regarding my current situation... I am currently employed part-time, where I pay Tax, NI, Pension contributions etc, but I also work for myself and my own Ltd company. As it stands I am not on the payroll of my Ltd company and therefore don't take a salary, but I...
Looking for peoples thoughts.
Contracted via LTD for 11 months with overseas client, who have UK legal entity. Contract was outside IR35 truly. The contract spanned the change in legislation where client had to determine status. For the first 6 months it was down to contractor (pre April 21)...
I have been offered a contract for £100k+ per year to provide IT services internationally. Is it necessary to pay Value-Added Tax (VAT) in this case? Additionally, what is the most efficient way to pay myself, as a director, and my sibling, who is serving as the company admin or secretary...
Hi everyone,
I've been working with a client and currently making our collaboration more formal with a new contract. I'll be providing consulting (architecture etc.) services and possibly some web development hours as well. Should I have 2 different rates for these two services or do you think...
Hi,
I'm planning to work/contracting for crypto companies doing, I haven't done any contracting before, I have been going through how contracting works at the moment.
More often the crypto outfits do not have any address or location and I would be paid in crypto (USDC) I would have to get that...
Since I last submitted a tax return they have added a new question 8 on the employment pages:
The notes say:
I was working outside IR35 through my own Ltd Co until Apr 2021 and then closed the company mid 2021. The question seems to say to tick the box if you were working inside IR35 through...
Hi everyone! I'd like to ask you for some help to make the best decision. Here's my situation:
Currently working as perm
The client I'd be contracting for is based in the US (which is why they can only hire me as a contractor in the UK)
They don't have a clue of what inside/outside IR35 means...
I am considering transitioning to contracting and I would like to ask about a few things - not necessarily about the diference between inside/outside IR35 etc, bench time, saving money etc, I've done some reading by now. I would appreciate if experienced contractors could share their views on...
Hi everyone,
I am living a nightmare right now, so I thought I would post my story to ask for advice.
With IR35, my client asked all contractors to go perm or leave.
All agents at the time were saying most contracts are now inside IR35, so eventually I did find a permanent position.
And as a...
Good evening all,
I’ve been out the contracting work for a few years now and been books in. I’m thinking of returning to contracting and looking for advice from anyone working inside IR35 now.
1. Do I still need to be a Ltd company or Will sole trader work?
2. The consultant jobs I’m looking at...
I am a US citizen in the UK married to a European citizen and we both do contracting work. A US company wants to hire me as a consultant on an extended and pretty much full-time basis. Am trying to figure out how I should set myself up from the legal structure and flow of funds perspective to...
So this has been done to death but wanted to check my ‘maffs’!
I’m considering purchase of a motorbike purely for business use to dive in and around city centres when visiting Clients (it may also only be used in a sunny day!). Making use off the Annual Invesment Allowance and the fact the...
I'm in IT and currently I'm being offered a position in the public sector inside IR35 via an agency and they gave me 2 options (exact wording):
Option 1. An umbrella route whereby you become an employee of the umbrella, with payroll taxes deducted at source.
Option 2. A payroll services...
Hello
I'm an IT contractor (currently under an umbrella company). I have been offered a contract (fully remote) with a German company, and the recruiter (who is UK based) has mentioned this is outside IR35. I still have my own Limited company operational, although I am trading (at the moment)...