Author Profile - Charles James

About the Author Charles James Email: [email protected]

Charles is a specialist contractor accountant.

A checklist and timeline for new Contractors It can be both exciting and nerve racking to decide to leave full time employment and become a contractor. It can also be a very rewarding experience, but it’s important to be level headed and well prepared in order to take full advantage. We’ve compiled a brief checklist and t Article Author: Charles James Comments Read More
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Why compliance has lost its meaning for contractors Not that long ago, I was speaking to an IT Contractor (a web developer) who has received a tax bill for £6000. His accountant recommended running his limited company through a trust-based scheme, and now he's paying for that bad advice. This same accountant brands themselves as &lsqu Article Author: Charles James Comments Read More
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Doubt is cast on HMRC new IR35 proposals for contractors Earlier this year, HMRC announced its plans to introduce an IR35 status test for contractors working in the public sector. Although in principle there are significant benefits to contractors, there’s always been a question of how HMRC will administer the process to make it easy to un Article Author: Charles James Comments Read More
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Why Contractors in trust based schemes should think twice On 10th August HMRC published their consultation document on tackling disguised remuneration meaning that from April 2017 many contractors who are in existing ‘tax efficiency’ schemes involving loans and trust will have to pay taxes on those figures. They also propose that havi Article Author: Charles James Comments Read More
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