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.

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.

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.

All new IT-Contractors often face the dilemma when starting their contracting career about whether they should be trading as a limited company or a sole trader. Lets take a quick comparison on the tax savings in each of the case with a sole IT-contractor director limited company and a sole trading company.

You have a limited company or a small business and are looking for a business bank account, there are almost no traditional high street banks that will give you a free business current account. However, we have found a challenger bank which offers free business current account for limited companies. You can open a free business account almost instantly with this bank.

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.