Orange Genie News

Although life insurance is not something anyone likes to have to think about, should the worst happen to you, it is essential to have cover in place to protect your loved ones financially at what will be a very difficult time.

Spring Clean Your Contract - Make sure your IR35 Status is Correct

Dust off your contract, polish your working practices and check your IR35 status!

With the days getting longer and lighter evenings to enjoy, many people’s thoughts turn to spring cleaning and “sorting things out”.  Contractors are no different; now is a good time to dust off your contract and ensure that you understand your IR35 position before the end of the tax year.

Company car for contractors

Getting a company car through your limited company - is it a a good idea? Most contractors have to travel to work, often to a wide range of temporary workplaces, so it’s no surprise that we get so many questions about the best way to deal with business motoring costs. Well, fasten your seatbelt, set your mobile to silent and keep your eyes on the road ahead, because here comes our simple, plain language guide.

Tax Calculator

“This online tax calculator says you’ve underpaid me.” Paul was outraged, and why not?  He’d been paid less than he expected and, perhaps more importantly, he believed his trust in Orange Genie had been misplaced.

Fortunately, our Contractor Support Team were familiar with the issue, and were able to explain it to him. His confidence in us was swiftly restored, but it was unpleasant for him, to have his expectations dashed in this way.

It might seem like an odd question to ask your accountant, but it’s becoming more and more common for contractors to enquire about the financial and tax consequences of building a home office in their garden.

Contractors who work from home often find it helpful to dedicate space to their work, as this can make it easier to avoid distractions, and to switch off and wind down once the working day is done.