For many, being a limited company contractor allows you greater flexibility with your working life. However it also means that you have to be more astute when it comes to taking time off. That’s why we’ve created this useful article on things to consider when you’re planning to take time off.
As a contractor, being able to negotiate your contracts effectively is an essential skill. The aim of the game is simple, you are trying to get the highest possible contract rate. However, with that being said it’s not quite as easy as it sounds! So, here are our top 5 tips in the art of contract negotiation...
Working as an umbrella or limited company contractor can sometimes mean that you have gaps in between contracts so it's important to be proactive before your current assignment has ended to try and limit the amount of time you have free in between assignments. That is why we at PayStream have outlined some top tips on how to avoid those unwanted gaps in between contracts.
Put simply your tax code is used to determine how much tax free income (Personal Allowance) you will earn per tax year and the income tax you will pay once you have exceeded that threshold. In this article we take a look at what each tax code means and how to check your tax code.
For many years now previous governments have lowered corporate tax rates in the UK to encourage business and investment in the UK economy. Back in 2010 the corporation tax rate stood at 28%, since then it has been cut to 19%. Plans were in place to cut this even further to 17% however those were cancelled in 2019.
Action Fraud has issued a warning to the general public in regards to a telephone call where the recipients are told that their National Insurance number has been compromised. This scam has rose to prominence over the past month resulting in thousands of reports to Action Fraud themselves. We take a look at what the scam involves and what to watch out for.
Choosing when to retire is a big decision, so it’s wise to try to plan for that occasion as soon as possible. While planning for retirement might not be a topic everyone wants to think about too soon, it is important to remember that retirement planning is changing and evolving all the time. We explore what you should consider when planning your retirement.
The Information Commissioner’s Office (ICO) have recently written to businesses throughout the UK regarding their requirements and obligations under the General Data Protection Regulations (GDPR). Although this may have looked or seemed like a scam it was a genuine letter with which you need to take some form of action.
On Thursday 4th November we did what no other provider has done before and scooped a trio of awards at The Contracting Awards 2020. Not only did we retain the Best Contractor Accountant award for the second year running, but we also walked away with Best Umbrella Company and Best Contractor Innovation for our IR35 Comply service.