Explaining 3 options plus pros and cons when being paid as a Freelance Contractor: Agency payroll; Umbrella or Personal Service Company.
Helping Freelancers understand different options for handling income. Salary, dividends and splitting dividends with a partner.
Looking at the pros and cons for 2 Freelancers working through the same Limited Company.
Peter Bromiley reports after a consultation meeting with HMRC re Freelancers working in the public sector.
Matt Chapman describes the AMS service for Freelancers, what it includes and how it works
Explaining the new travel and subsistence rules for Freelancers, and the proposals for freelancers working for public sector bodies.
This video explains what a Freelancer’s contract may dictate and the different insurances that they must and could have.
What Freelancers should look for in a contract, starting from first principles – including renegotiating clauses.
Explaining to Freelancers how to prioritise when they are having difficulties paying their Limited Company’s taxes.
Freelancers should hold back money to pay future taxes. Peter talks about the stress of paying last year’s taxes from next year’s income
Explaining that Freelancers must add VAT on recharged expenses to their Agencies and legally the Agency must pay it.
Peter describes IR35 to people who are new to Freelancing, and how to identify whether or not you are caught by the IR35 rule.
Explaining factors which determine if you are caught by IR35, such as ‘Control’ ‘Substitution’ ‘Mutuality of Obligation’ and ‘Financial Risk’.
As soon as a Freelancer even knows that their contract will be over 24 months they must stop claiming Travel and Subsistence.
How a Freelance Contractor can close a Limited Company, get their cash from their Company bank and minimise the taxes.
Tel: 01793 818400