Category Archives: Tax For Contractors & Expats

IR35 Expenses

If your Contract is Outside IR35 you have freedom to claim many more business related expenses than if your contract were Inside IR35. Claiming expenses is a great way to reduce your Income Tax & National Insurance liability. (more…)

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Daily Working Arrangements

IR35 Status is not solely dependent upon contract terms and conditions. Actual ‘working arrangements’ are now one of the most important factors in determining whether someone is or is not caught by IR35. (more…)

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Other Contract Factors

Aside from the main factors (Right of Control, Substitution and Mutuality of Obligation) there are a number of other contract factors that should be addressed before an agreement is signed. (more…)

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Right of Substitution

It is important to retain the contractual ability to provide a Substitute, even if you never actually provide a substitute in practice! (more…)

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Mutuality of Obligation

Mutuality of Obligation is a key point in an IR35 contract. If a ‘Mutuality of Obligation’ exists you will certainly be Inside IR35. Therefore it’s very important that they agreement if for a fixed period after which time both parties go their own way. (more…)

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Right to Control (IR35 Contracts)

‘Right to Control’, i.e. What work is done, Where work is done, When work is done and how work is done, is an important aspect of IR35 Contracts. If the Client has significant influence over all four you will likely be considered ‘Inside IR35’, therefore you won’t be able to take tax efficient Dividends. (more…)

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IR35 Contract Overview

Contract Terms and Conditions are the most important initial factor in determining IR35 status. If you fail to address the contract and ensure that terms are considered ‘Outside IR35’ you could leave yourself open to an IR35 Investigation and possibly a large tax bill in years to come. (more…)

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Where does IR35 Apply?

If you go into business with your own Contractor Limited Company you need to know which of your contracts are Inside IR35 and which are Outside IR35. If you take Dividend Income from a contract Inside IR35 you could wind up with a large tax bill at an HMRC Investigation. (more…)

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What is IR35?

If you want to work as a professional Contractor in the UK you need to know about IR35… especially if you’re thinking about going into business with your own Contractor Limited Company! (more…)

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Joining an Umbrella Company

If you’re a professional Contractor and you’re interested in joining an Umbrella Company Commonwealth Contractors can help! We work with Umbrella Companies who specialise in looking after highly skilled expats on temporary UK Work Visas!
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