Are you confused about claiming subsistence?

Do you get the impression that you're entering a mysterious world where you are going to be encouraged to make fraudulent expense claims in order to minimise your tax bill?   Do...

First Timers Guide

First Timers Guide Introduction

Historically, a majority of contractors worked through their own limited company as the tax advantages of working ...

IR35 Myths

IR35 will affect your earnings and it should be a major factor in deciding whether you form your own company (Personal Service Company or PSC) or work through a PAYE Employment Services Company (Um...

Managed Service Company Providers (MSC Providers)

When an Accountant isn't an AccountantAlthough the MSC legislation is targeted at managed service company providers rather than the PSCs themselves, the definition of the MSC provider is drawn ex...

PAYE Umbrella vs Personal Service Company

Introduction

In theory, it should be perfectly feasible to operate as a sole trader, producing your own accounts and completing a self-assessment income tax return at the end of each year. You wou...