Umbrella vs limited company - which is right for you?
If you're looking to become a contractor, then you need to consider the two main options open to you - operating as a limited company or using an umbrella company. However, you must also be aware that this decision may be taken away from you. |
Coming home after working abroad
Jetting off overseas to live and work is such an exciting experience that, for most people, the process of returning home will be the last thing on their mind. |
How does the 24-month rule impact those utilising umbrella companies?
The 24-month rule is something most people have come across, but many will admit they do not fully understand what it is. However, it is particularly important and must be considered when submitting paperwork to HM Revenue and Customs (HMRC). |
Debt solution jargon-buster
Choosing a debt solution can be scary. There are so many options to choose from - and the last thing you need is to get lost in confusing financial terms. Here's our handy jargon-buster to keep you on track. |
What does the 2013-14 tax year hold for the FTSE market?
As we enter the 2013-14 tax year, a number of experts from within the financial industry have begun offering their predictions as to how the FTSE 100 market will behave in the coming 12 months, so are there any stellar trends we should be aware of? |
What allowable expenses are available for the self-employed?
Working for yourself makes for an incredibly exciting career choice. Not only do you get the chance to set your own hours and choose the projects that excite you the most, but it enables you to operate in a highly tax-efficient manner. Being self-employed also potentially allows you to receive a significantly higher income in comparison to doing the same kind of work as a permanent full-time employee, most notably as you could off-set tax against the expenses that you incur. |
What are the top watch brands for securing a loan against?
When looking to secure a short-term personal asset loan, there are a number of valuable items you can use to obtain the finance. Luxury watches are a particularly popular option as it is possible to secure significant sums of money without parting with a family heirloom. |
How to sort out your finances before you retire abroad
Retiring abroad is a big life decision involving many significant changes, some of the most important and potentially daunting of which relate to financial affairs. |
How fine wine investments can improve your finances
Over the past ten years, fine wine investments have become increasingly popular. Today, we are going to look at what 2013 holds for the fine wine market, as well as how fine wines can be used to boost your finances, so read on for some useful insights. |
Costs to consider when purchasing real estate overseas
If you've decided to take the plunge and buy a property abroad, good for you! It's an exciting prospect and one that could prove lucrative if you go about it correctly. No matter where you choose to purchase real estate, however, there will be certain costs to consider. |
How the forthcoming Real Time Information system will affect reporting payroll data
Being a contractor gives professionals the freedom to select their own working hours and choose the projects they work on; however, with that comes the need to look after their own payroll and tax issues. With HM Revenue and Customs (HMRC) set to introduce a new payroll reporting system later this year, now is the time for professionals to make certain they are aware of the changes this will entail. |
New tax year, new finances
With the start of the new tax year in April around the corner, now's the perfect time to take stock of your finances by tackling debt and starting to save. Read on to find out how you can sort out your money woes, whatever they may be! |
Why classic cars are growing as a form of finance
When it comes to securing finance, there are far more options to consider these days than bank loans alone. Personal asset loans are becoming increasingly prominent, with classic cars among the possessions possible to secure finance against. |
A look at the items stolen most often from UK homes
There is perhaps nothing quite as upsetting for homeowners than to fall victim to burglary. Whether it is an item that only has sentimental value or something worth several thousand pounds, the sheer experience of having your possessions stolen can be very distressing. |
What can setting up as a limited company offer contractors at the start of their career?
Although difficulties in the global economy continue to persist and many Britons struggle to find permanent employment with a company, there appears to be a greater than ever desire among people to work for themselves. |
A guide to dealing with small debts
You might not think there's much to paying off a relatively small debt - but think again. Many larger debts are created when more modest bills aren't dealt with in the right way, so it's crucial you repay what you owe quickly and in the correct manner. |
What creditors can do if you're in debt
If you're in debt and cannot repay what you owe, your creditors may take further action in attempt to recover the money. Often, this involves going to court. There are various ways in which you can legally be ordered to pay back your debts - read on to find out more. |
A guide to buying a family home abroad
Buying a family home abroad can at first appear a daunting prospect. Any move overseas is obviously fraught with potential pitfalls, but when you're moving a whole family to another country the process is even more challenging. |
Health and safety issues for contractors to consider
While being a contractor gives you the freedom to set your own hours and choose the projects that interest you the most, you need to remember that there are many things that you need to take care of beyond the current assignments you're working on. These include, among others, sorting out expenses and making sure that you pay the right amount of tax. Another area that also requires great consideration is safety. |
How to pick the right retirement financing for your lifestyle
If you're looking to boost your finances in retirement, you'll find there are several options to choose from - and making the decision over which one to pick will partly depend on the lifestyle you hope to achieve after leaving work. Read on for our guide to the potential avenues open to you. |
What the new state pension system means for your retirement
If you're looking to supplement your state pension with additional income upon retirement, you may be affected by plans to change the pension system to make it simpler. Read on to find out more about this issue and what the implications may be for your income. |
How to arrange finance for an overseas property purchase
People in the UK have long aspired to purchase an overseas property in places such as Spain, France and the US, either to live there permanently or to use as a holiday home throughout the year. However, getting hold of the money to buy a dream home can be a problem for some. |
Tips for contractors to prepare for a tax inspection
Being a contractor sees you have the freedom to choose your own business hours and what projects you work on, but it also means you are responsible for keeping on top of your tax affairs. As such, you should be prepared to have a VAT review from HM Revenue and Customs (HMRC). Read on to find out more. |
A look back at 2012 for IT contractors
Although 2012 was a largely challenging year for many British workers and the UK economy as a whole, it appears IT contractors have defied the difficult financial climate. To find out more about the experiences of such professionals during the last year, read on. |
Equity release: don't leave retirement funds down to luck
A large number of Britons are leaving their retirement to chance when it comes to funding later life, whether that is for care costs or simply maintaining their lifestyle. Around 3.6 million people think that winning the lottery would cover the expense of retirement. |
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