Contractor Finances
What is a director’s loan?
The good, bad, and ugly of director loans -- those deserving an accountant’s input to avoid HMRC trouble. 5 min
Company
Contractor Finances
Contractor Finances
Do contractors pay National Insurance tax?
Free-Work hears from a top accountant when and in what circumstances freelance IT work will incur you an NI bill from HMRC. 4 min
Contractor Finances
VAT Flat Rate Scheme: explainer and top tips
Simplicity is hard to turn down as a small company but beware -- in the accounting space, simplicity doesn’t always = cost efficiency. 4 min
Contractor Finances
Corporation tax for contractors: demystified
The lowdown on business tax as a limited company IT freelancer, including ways to lower your bill from HMRC. 7 min
Guide to Freelancing
How to close your limited company
The four no-nonsense options when your freelance IT business has reached the end of its life. 4 min
Guide to Freelancing
What is the role of a limited company director?
A freelance techie’s need-to-know on director duties, by law and in practice. 4 min
Freelancer Finances
Capital Gains Tax (CGT) guide for contractors
Everything you need to know about ‘CGT’ if you’re ‘LTD’ -- and then some. 8 min
Guide to Freelancing
What’s the difference between a limited company director and a shareholder?
In the IT contractor space, the director-shareholder is usually one and the same. Is your freelance tech company the exception to the rule? 5 min
Freelancer Finances
Tax rates and allowances for tech contractors in 2024/25
A guide to the next 12 months of HMRC thresholds affecting your take-home pay as a tech contractor. 5 min
Guide to Freelancing
What are five pros and cons of an umbrella company?
Brollies’ big benefits and disadvantages -- listed for Free-Work, by an expert who assesses their compliance. 5 min
Guide to Freelancing
What is an umbrella company?
Quick explainer on what umbrella companies are; where they’re beneficial and when to beware. 5 min
Guide to Freelancing
An IT freelancer’s guide to working through an umbrella company
Everything you need to know about umbrella company contracting as a techie, but were afraid to ask. 6 min
Contracting
Making your spouse (or civil partner) a shareholder of your limited company
Practical and financial perks are on offer when your spouse is also your shareholder – but beware the pitfalls. 5 min
Contracting
The costs of running a limited company
Laid bare: the real costs of running a contractor limited company, as the 2024-25 tax year approaches. 4 min
Contracting
What is a Personal Service Company (PSC)?
An explainer on the most popular vehicle for IT freelancing which, paradoxically, isn’t even defined in law. 5 min
Contracting
When your sole trader IT business deserves to be a tech limited company
Know when to press fire: Top three triggers for jumping from the sole trader structure to ‘LTD.’ 4 min