Contracting Consulting Freelancing Made Easy

Contractors who dodge the tax man will have had a scare recently when an IT contractor who avoided paying taxes to HMRC was recently caught out. The man had hidden almost £2 million that he had earned working as an IT contractor for clients in the banking centre in the capital city of London, and [...]

According to a new report released by Parasol Group, a UK based umbrella company for contractors, Northern Ireland is the worst place in the UK for contractors working under umbrella companies financially. The report confirmed that the average hourly rate for contractors working under umbrella companies in Northern Ireland is a mere £13.53 per hour [...]

Gone are the days when you used to send your paper documents to file your VAT returns, as HMRC are now making online submissions a necessity. For all submissions after 1st April this year, HMRC have made it compulsory to sign up to online VAT filing and have said that paper submissions will no longer [...]

During February of this year, it seemed that IT contractors were in high demand, however over the past month, the hiring of IT contractors has slowed right down. The Recruitment and Employment Confederation (REC) reported that the hiring statistics for IT contractors was down from a six month high by 1.4, and down by 11.3 [...]

The budget last month unveiled several new rules and changes to legislation that directly affects contractors working in the UK, but how does it affect you as a contractor? The budget revealed  a typical stance from the government, reducing tax for contractors who earn more than £150k, while then preventing them from enjoying the full [...]

According to national statistics, Freelancers in the UK who do not work as a limited company pay on average an additional £421 per year more in income tax. In the 2011/12 tax year, freelancers who were operating as sole traders, partnerships or freelancers handed over £12 billion in taxes that could have been avoided, said [...]

Many freelancers think that because their business is so small, a business plan is not required, but this could not be any further from the truth. It is essential to have a plan to work towards growing your business, especially if you want to borrow money to fund your business venture. But if you don’t [...]

By working as a freelancer, one of the biggest advantages is the ability to be flexible. You can pick and choose the kind of work that you do and how many hours or when you’d like to work. This is why many people choose to become self employed. But of course another aspect is that [...]

A recent piece of advice has been published by a freelance writer at Freelance Folder stating that by streamlining your administration procedures as a freelancer, you may find that you cut down the time spent on admin. The advice confirmed that many freelancers feel that because they are often dealing with their clients face to [...]

According to Matt Barrie, the CEO of freelancer.com, more businesses need to be using freelancers to outsource their workload in order to be successful. He has created something of a revolution in his website, which gives poorer countries, or indeed anybody even from richer countries who wishes to bid on the projects, the ability to [...]