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Contracting category

UK Contractors: should you switch off the Flat Rate Scheme?

With the new fiscal year just a few days ahead, as a contractor you've probably heard about the Budget changes. And if you are like me up until a few days ago, you might not be sure whether you should take action or not. Let's try and bring some clarification to these changes.

Contracting in the UK: a tax breakdown

When I started contracting about a year and a half ago, I absolutely didn't want to have to deal with anything accounting-related. Which is fine really, as getting an accountant is highly recommended anyway - for various good reasons - and there is a plethora of companies on the market that do just that.