According to the results of a new survey by Sage, the UK tax system needs to be radically simplified. This is the view of over 2,000 self employed contractors and small companies who took part in the survey in March 2010.

A recurrent question is the guy asking how to step out of a contract in the middle because he’s had a better offer. Simple enough question, you might think, but there are several side issues.

The Companies Act 2006 was introduced on 1st October 2009 as a way of bringing UK companies into the 21st century. It consists of 1300 sections and is the single largest piece of legislation ever made.

It’s that time of the year when people herald in the New Year with plans to renew their gym membership, eat less and cut down on booze. These resolutions also apply to the world of contracting.

Contractors may have breathed a sigh of relief following the pre-budget report having found little changed. However can any tax payer really expect to pay the same tax/NIC post general election?

Following the consultation period on the draft Agency Workers Directive (AWD), the Trade Union Congress (TUC) has called on the Government to consider all potential legal loopholes when implementing the new regulations.

Probably. The rather circular definition of a Managed Service Company is one that is provided by a Managed Service Provider. Since these were effectively outlawed in 2007, it is important to understand how they are defined.

The Conduct of Employment Agency and Employment Business Regulations 2003 are intended to control the activities of businesses who supply temporary workers and to offer some degree of employee-like protection to those workers.

If you are in business on your own account and working through a limited company, how you take money from the company to pay your bills is entirely up to you. There are no set rules you need to adhere to about how you do it.

Many contractors have already heard about the proposed Agency Workers Directive (AWD), but not everyone truly understands how it will affect the contracting and recruitment markets in the UK.