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 run up to Christmas is always an exciting time, after all who doesn’t love having a mooch around some Christmas markets. But with some businesses winding down for the year and others closing their doors completely over the festive period, if you’re a limited company contractor it’s important that you have planned for this downtime. So here are our helpful hints and tips for how limited company contractors can prepare for the festive break.
In September the Government announced an increase in National Insurance Contributions (NICs) from April 2022 amongst changes to the Health & Social Care Levy and tax rates on dividends. We take a look at the impacts the NIC increase will have, in addition to the other changes.
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.