Guides to Contracting

(6 minutes to read)

The ultimate guide to Contracting

Contracting, tax and expenses all explained in one easy to read, jargon-free guide;

  • What exactly is a ‘contractor’?
  • Why do companies use contractors?
  • Why do people go contracting?
  • What are the pros and cons?
  • Deciding which way to run your business
  • How to set up a limited company
  • Registering for VAT
  • How tax works for limited companies
  • Running your limited company
  • IR35 – all you need to know
  • Insurance options for contractors
  • Pension options for contractors
  • Mortgage options for contractors
  • Useful resources and information
  • HMRC forms

Moving from permanent to contracting

This guide explains the pros and cons of working as a contractor and what’s involved moving from permanent to contracting;

  • Why do people go contracting?
  • Setting up as a limited company
  • Deciding if you need an accountant
  • Finding your first contract
  • Expenses and IR35
  • VAT and Tax

Step by step guide to contracting

Everything you need to know about becoming a contractor broken into simple steps;

  • What exactly is a ‘contractor’?
  • Deciding which way to run your business
  • How to set up a limited company
  • Registering for VAT – or not
  • How tax works for limited companies
  • Expenses and IR35

Contractor FAQ’s

All your questions answered, such as;

  • What is a contractor
  • Should I work through a limited company or via umbrella employment
  • What is IR35
  • How much administration is involved with running my own limited company
  • VAT and Corporation tax
  • How much will I actually take home

Plain English guide to IR35

Our easy to read guide to understanding IR35;

  • What is IR35?
  • How is IR35 status determined?
  • Who decides your IR35 status?
  • If you are inside IR35, is it worth operating as a limited company?

A guide to contractor expenses

Learn what you can and cannot claim as an expense as a contractor in our handy guide;

  • What expenses you can claim?
  • Defining a valid business expense
  • Claiming expenses if you’re inside IR35
  • The importance of a good accountant

Dolan rewards

As a valued client of Dolan Accountancy you can access a wealth of money saving offers;

  • Discounts on your shopping whether online, in store or by phone
  • Access to over 1,600 discount, cashback and voucher partners
  • Wellbeing advice and member competitions

Do you want £95 +VAT per month accountancy?

Yes I do

You may also like to read

The Stress in the Workplace study

[toc] Why is stress in the workplace an important conversation... In parallel with society’s improving understanding of mental health, concern over stress ...

Read More

FAQ: Mortgages for Contractors

Although IR35 tax reforms have made self-employment less lucrative for some, you can still gain significant tax benefits from contracting ...

Read More

IR35 and Clients Abroad

What is IR35? An IR35 status is based on your level of risk, liability and responsibility as a worker, which will ...

Read More

Why Dolan Accountancy?

Dolan Accountancy was set up by Simon J Dolan, the man behind the well-known brand SJD Accountancy. With over 25 years experience in the contracting marketing, Dolan Accountancy has the heritage, reputation and credibility you can trust. Working closely with our sister company, Contractor Umbrella, it means we can offer one low cost, fixed fee package at £95 + VAT per month. This gives you the flexibility of using both our Limited Company Accountancy Services and our award winning Umbrella Service, for one inclusive cost. We don’t believe in tiered packages or hidden extra fees, instead we aim to give you everything you need, including:

  • Free Company Formation – This is where it all begins. Once you have decided on an available name, we will form your company free of charge (if using our accountancy services) and it will be ready for you to use in as little as three hours.
  • Free use of Contractor Umbrella – With changes in Public Sector IR35 Legislation we understand that sometimes you are required to contract via an umbrella company. We will keep your limited company ticking over, while you work margin free via our sister company, Contractor Umbrella.
  • A Dedicated Accountant – Your accountant will be there for any company or personal tax advice that you require. We will never outsource work, even to internal teams.
  • Free Access to FreeAgent – The founder behind the multi award winning FreeAgent platform was one of Simon’s first clients, therefore it only seems fitting that we offer all of our clients access to FreeAgent, free of charge.
  • Free Business Banking – We have decided to waive our commission so our clients can use Tide free of charge for the first year.
  • Unlimited IR35 Status Reviews – We will review all of your contracts for IR35 purposes and provide you with our professional opinion as to its status.
  • Free Registered and Director’s Service Office Address – Sometimes you just don’t want your home address on display at Companies House. When you sign up to our accountancy services, we will offer the use of our address as an alternative.
  • Your Business and Personal Taxation Needs – This includes Company Accounts, Director’s Personal Tax Return, VAT Returns, Payroll, Corporation Tax and Dividend advice, to name just a few.
  • Same day payments- We offer same day payments as standard providing funds are received into our account by 9am, for no additional fee.

If you’d like to find out more about how Dolan Accountancy can help you and your business, please give us a call on 01442 795100 or email sophie.lewis@dolanaccountancy.com or jaime.thorpe@dolanaccountancy.com.

dav1