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Contractor and freelancers – how to do your own accounts

Contractor and freelancers – how to do your own accounts

As a contractor or freelancer you will need to make sure your accounts are always up to date for tax reasons as well as for a number of other reasons. If you want to apply for a loan or mortgage the bank will want to see your accounts, any new customers may want to see [...]

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Missing the deadline for tax returns could prove expensive for contractors

Missing the deadline for tax returns could prove expensive for contractors

Today is the government’s official deadline for filing your self assessment tax return if you are self employed or a contractor working through your own limited company. With repeated warnings sent out to contractors throughout the year reminding them of the paper return deadline in October and then the January 31st deadline today, there should [...]

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Tips for dealing with recruitment agencies for contractors

Tips for dealing with recruitment agencies for contractors

As a contractor you are one of the most sought after workers in your industry. Employers love working with contractors as they tend to be skilled in their profession, only get paid for the work that they do and can come in on a project by project basis. This does not mean that you won’t [...]

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IT Contractors more in demand than ever before

IT Contractors more in demand than ever before

In a recent survey by www.jobsadwatch.co.uk, figures revealed that the need for IT contractors has risen by more than a quarter in only a year, with temporary IT workers now taking a lead over their permanent counterparts. While this is good news for IT contractors it does actually spell bad news for the organisations they [...]

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Agency Workers Regulations cause employers to cut short umbrella contractors contracts

Agency Workers Regulations cause employers to cut short umbrella contractors contracts

As of October 2011, Agency Workers Regulations stated that temporary workers and contractors are entitled to equal employment rights as those in permanent contracts with the company after they have worked for the company for 12 weeks. This means they must come in line with permanent employees when it comes to pay and working conditions [...]

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Why do contractors need insurance cover?

Why do contractors need insurance cover?

Working for yourself can have many advantages. You are essentially your own boss and have complete control over the company, meaning you choose when you work, who for and how much you charge. You will not need to answer to anyone and any profit the business makes goes straight into your pocket to benefit you. [...]

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How to find contractor jobs in a saturated market

How to find contractor jobs in a saturated market

Working as a contractor can be great as it gives you all the freedom you could hope for to choose exactly what kind of work you want to do, when, and how long for. You can name your own price for your services and are in control of your work environment and experience. The downside [...]

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IR35 explained

IR35 explained

One of the most important legal rules for contractors and freelance worker is IR35, which affects the tax conditions for every contractor. This can be difficult to understand so here is a very basic explanation to help you to know where you stand. IR35 is a rule brought in my the government to help bring [...]

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January 31st – self-assessment deadline

January 31st – self-assessment deadline

If you are a contractor, freelancer or consultant the chances are you are aware that January 31st is the deadline for your self-assessment.  A lot of freelancers and contractors choose to do their books and accounts themselves but it is important that you are aware of a few things. It is vital that you complete [...]

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Permanent jobs on the decline

Permanent jobs on the decline

A recent report form the Recruitment and Employment Confederation (REC) has shown that permanent job vacancies are declining. Since July 2009 job vacancies have fallen at the fastest rate so far. Many companies are putting recruitment on the back burner and are opting for flexible and temporary workers to help their businesses grow.  Only 25% [...]

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