Employers’ Liability Insurance - Do IT contractors and new small business employers need it

Employers’ Liability Insurance - Do IT contractors and new small business employers need it

  • April 04, 2018
  • small business, IT contractors, insurance, legislation

Do you know that you could be fined if you do not have Employers’ Liability Insurance or do not display your Employers’ Liability certificate when requested by the inspectors if they every pay a visit and would like to look at your liability coverage.

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Company directors get £300 benefit - Tax saving tips

Company directors get £300 benefit - Tax saving tips

  • September 28, 2018
  • small business, IT contractors, tax saving tips

How many of you IT contractors and micro businesses that have a close company know about trivial benefits. If your accountant has not told you about it, call them and find out how you can get benefits worth £300 for you and each family member related to your limited company. That's a very good news for lot of IT contractors for sure.

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Accounting duties of a company director of a limited company

Accounting duties of a company director of a limited company

  • October 02, 2018
  • legislation, small business, IT contractors

Have a new business idea, like to work for yourself, starting an IT contractor job, whatever the reason for you becoming a director of your company, as a directory you have some legal duties to comply with the law.

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Key budget highlights from April 2019

Key budget highlights from April 2019

  • November 02, 2018
  • IT contractors, limited company, sole trader, saving tips, small business, budget 2019

Good news for IT contractors from April 2019, your personal allowance is increasing from £11,850 to £12,500 from 6 April 2019 and the higher-rate tax threshold is increasing to from £46,350 to £50,000. Also, IR35 for private sector does not start till April 2020, so private sector IT contractors do not have to worry about IR35 till 2020.

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