We are hearing more and more in the news about the low-income that our National Insurance contributions pay for when it comes to claiming our pension on retirement. For this reason, more and more focus is being placed on private pensions and the government are encouraging these with a series of tax advantages for those… Read More »
A common question that contractors have is what they are allowed to do in terms of claiming benefits when they are not in the middle of a job. Technically if you do not have a contract in place you could claim unemployment benefits but it is a dangerous area for contractors as they are never… Read More »
Late payments are arguably the worst part of being a contractor or owning your own limited company. In fact, late payments from clients has been sited as been one of the most common reasons for companies going under in the last few years. Luckily, most contractors who work through recruitment agencies don’t have as much… Read More »
In the course of each contract, the chances are that you will pick up some expenses in order to allow you to perform your job properly. These may come in the form of travel expenses (whether that be the cost of getting a train or bus or more frequently the cost of petrol) or even… Read More »
Contractors in the UK are required to have a valid UK work permit, so if you are coming over to the UK it is important you have obtained one. The exception to this is individuals who are coming from other European Union member countries as one of the key concepts of the EU is the… Read More »
Deciding to become a contractor can be a difficult decision, particularly if you do not have a contract already lined up. The first step in the process is to actually leave your job. Probably the easiest part to do in terms of procedure, but the hardest part in terms of the mental side. Most jobs… Read More »