The old phrase ‘tax doesn’t have to be taxing’ is true, as long as you appoint a good accountant. As a contractor it is recommended you appoint a specialist contractor accountant, as they will have a more in-depth knowledge of contractor specific tax legislation.
In this section James will introduce you to the tax legislation that is likely to affect you and give you a basic understanding of what you need to be aware of. Don’t worry this is what you appoint Dolan Accountancy for!
If you would like to appoint Dolan Accountancy as your accountants, please visit our become a client page or if you have any questions about contracting please call us on 01442 795100 or email Jaime.email@example.com.
Advantages and Disadvantages of Contracting
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A Contractor’s guide to VAT
VAT, or Value Added Tax, is an additional tax on anything you sell – both services and goods. It’s charged at a standard rate of 20% on top of your invoice values;.Read MORE