News

Despite concerns over its independence and scope, the ‘Freelance Champion’ won’t face any competition in its role supporting IT contractors.
The government’s focus is firmly on umbrella companies, but ‘there’s still a lot on the table’ that chancellor Rachel Reeves could hit contractors with 12 weeks from now.
One of the most important things for contractors to grasp when their recruitment agency faces financial difficulties is that acting with speed and clarity is their ally. In our many years of ...
The chancellor is reportedly looking at raising the VAT registration threshold at Autumn Budget 2025 to £100,000. The move by Rachel Reeves would mean a PSC could generate an additional £10,000 in ...
This government must resist labelling status ‘too difficult to fix,’ and in the process, clear up IR35 nonsense.
Far from thawing out the threshold freeze we’ve all suffered since 2022/23, Reeves is tipped to soon leave even more of your ...
A commitment to consult ‘by the end of this year’ may reassure contractors, but not those who've been pinning their hopes on Single Worker Status.
Whether you’re just starting out or looking to switch accountants, join the thousands of contractors who have trusted Bright Ideas Accountancy for their financial needs.
If PAYE/NICs to the taxman fall short under both Chapters 11 and 7, the top agency or MSP is on the hook. And if there’s no agency or no umbrella, the end-client is on the hook.
After several years of Boox and Churchill Knight (CK) contractors waiting patiently, there is finally some positive news in the shape of their test cases under the Managed Service Company legislation ...
What steps umbrella employees should take to prepare for the new ‘JSL’ legislation (includes some urgent actions if you’re using a tax avoidance scheme).