What Is IR35 Legislation? The IR35 rules, introduced by HMRC, aim to distinguish between genuine self-employment and disguised employment, affecting how contractors are taxed. This legislation is pivotal in determining whether you’re classified as working inside...
What Is Professional Indemnity Insurance? In the dynamic world of contracting, safeguarding your professional reputation is paramount, and that’s where professional indemnity insurance comes into play. This crucial form of coverage acts as a safety net, protecting...
Understanding The Cost Of Public Liability Insurance Navigating the complexities of public liability insurance can be daunting for contractors. Understanding the cost of public liability insurance is crucial not only for safeguarding your business but also for...
What is an Employer Reference Number (ERN)? Employer Reference Numbers, or ERNs, are usually associated with having employees, but you could need it even if you’re a contractor, freelancer or sole trader. Read on to find out what an ERN is, where you can find it in...
HMRC’s IR35 Small Business Exemption Explained Under the off payroll working IR35 legislation, which was introduced in April 2021 to the private sector, there is an exemption for ‘small company’ clients. If a business qualifies for the small company exemption,...
