Orange Genie News

Sole Trader

As a sole trader, you will pay personal tax and National Insurance contributions (NICs) on your profit. This is the income received by your business, less allowable business expenses. It’s important to claim all your business expenses as this can have a significant effect on the amount of tax you pay, and therefore the amount of money you take home.

Limited Company

The rules surrounding the tax treatment of limited company expenses can appear confusing and arbitrary, and it’s important to understand them before you incur the expense. So, with the festive season just a few weeks away, it’s time to take a look at your seasonal expenses so you don’t cause yourself a problem or miss an opportunity.

Contracting

As the messaging from campaigners gets more urgent and the science gets more alarming, more and more of us are looking for ways to make a difference to environmental issues. You might think that contracting leaves you unable to do very much, since you’re a one-person business with a relatively modest sphere of influence, but there are things you can do to reduce your personal impact. And with an estimated 1.77 million contractors working full time in the UK, together their impact could be enormous. So, what can you do?

IR35

It’s becoming common for recruiters to underestimate the amount of work involved in assessing IR35 status correctly, and by extension how long it will take.

How to Help Your Clients Prepare for IR35 Reform: A Recruiter's Guide. Click here to download>>

IR35

Given that private-sector IR35 reform is due to take place in April 2020, you could be forgiven for thinking you and your clients have plenty of time left to prepare. Many recruiters and are thinking that way, and it’s understandable.

How to Help Your Clients Prepare for IR35 Reform: A Recruiter's Guide. Click here to download>>

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