The financial benefits of contracting are quickly diminish once you’ve been caught by IR35, however all is not lost if you are within IR35 you are able to invest your gross taxable income into a contractor pension scheme well before the taxes can be applied. This means that you are able to invest as much […]
About John Yerou
This author has yet to write their bio.Meanwhile lets just say that we are proud John Yerou contributed a whooping 45 entries.
Entries by John Yerou
If you are not currently contributing to a contract pension there is a chance you up paying significantly more tax to HMRC then you need to. Pensions are one of the only true tax breaks that are left in the UK and can play an important role in minimising your taxable income, whether or not […]
No mater what stage in life you are in it’s always a good time to start thinking about starting a pension. With the UK’s ageing population the state pension is becoming more and more strained. Apart from the importance of putting money aside for the future it is one of the most tax efficient ways of saving money. […]
Hi, and welcome to UK Contracting. Now, we’re going to do something a little bit different today, and this is to follow up from last week’s interview with Paul Rawlings. He mentioned Receipt Bank. I’ve had a chance to sign up and had a good look at it, so I just wanted to take you […]
Once again would really like to thank Paul for taking the time to talk about the differences between limited companies and umbrella companies and really go into a lot of detail about how to best choose a contractor accountant. Excerpt from the interview. Coming from an accountant point of view, it’s all down to tax. […]