Entries by John Yerou

Public Liability Insurance for Contractors

As with most other businesses, a contractor will invariably deal with the public at some point in their day to day activities. This might be a simple interaction with someone, or it might be someone coming to visit you at your place of business. Either way, if something happens that causes injury or damages to […]

Professional Indemnity Insurance for Contractors

Contractors, like any other business owner, have to cover their backs against legal action taken against them as a result of them performing their professional duties. Professional Indemnity Insurance is therefore one of the most important types of insurance your business (or you as a contractor) can invest in. It is not just important to […]

Lenders Who Offer Contractor Mortgages

There are now a number of new specialist mortgage products on the market but they are still few and far between. And some of the larger banks offer a type of contractor mortgage but in turn make the criteria for approval ridiculously difficult. Here at Contractor Guides we have a regularly updated page dedicated to the latest contractor mortgage products to come onto the market and comparing the interest rates, charges and types of mortgage on offer.

Finances

[vc_row][vc_column width=”1/1″][vc_column_text]Whether you’re new to the contracting world or have been working in it for a number of years you will no doubt be aware that contracting brings significant financial rewards and numerous different ways of organizing your earnings and then investing them. But as with all other areas of going into business on your […]

Accountants

[vc_row][vc_column width=”1/1″][vc_column_text]Every contractor knows the value of a good specialist accountant. As contractors we often find ourselves on the end of a whole raft of intricate tax legislation and negotiating that legislation correctly can lead to a significant upturn in take home pay. A good accountant and a good relationship with that accountant will end […]

IR35

[vc_row][vc_column width=”1/1″][vc_column_text]IR35 is a phrase that strikes fear (and annoyance) into the heart of all contractors. It is also an area of contractor tax that can be immensely confusing and which has caused a great many problems since it was introduced in April 2000. Designed to prevent disguised employment (leaving employed work on a Friday […]

Insurance

[vc_row][vc_column width=”1/1″][vc_column_text]One of the first considerations you will need to make as a new contractor is whether to invest in contractor insurance. Back when you were working for someone else within the structure of a large company all the usual legal protections would have been taken care of by your company and its corporate insurance. […]

Tips for Freelancers and Contractors Applying for a Mortgage

Just because some banks and lenders are now offering specialist contractor mortgages, that doesn’t mean you will automatically be welcomed with open arms. We outline five essential things you need to know about applying for a specialist mortgage, from how to get your credit in shape and how to find a specialist contractor mortgage broker to organizing your finances correctly pre-application and correctly filling out the application itself. Everything you need to get that mortgage!