Late payments: When’s the right time to start charging interest?

Late payments are problematic for independent contractors and small business owners alike. According to the latest Zurich SME Risk Index, small to medium sized enterprises in the UK are owed some £44.5 billion in late payments. This is an eye-watering figure that will concern most looking to enter the contractor market… View Article
Tom Bell Tom Bell , 22 February 2018

Best practice contract writing tips from the experts

Whether you’re an established independent contractor or new to contracting, having a well-written contract in place is a must. In addition to proving your employment status in accordance with the latest IR35 legislation, your contract will clearly define your role and responsibilities to prospective clients to ensure happy customers all round…. View Article
Jennifer Gannon Jennifer Gannon , 15 February 2018

Do I really need a written contract in place?

Many independent contractors rely on verbal agreements to complete work. Increased administration aside, there are a number of advantages to having a written contract in place for both you and your client. Verbal agreements can lead to misunderstandings, particularly in cases where you have to prove your employment status in… View Article
Jude Eze Jude Eze , 13 February 2018

Managing your expenses as a contractor

Expenses are part and parcel of life as an independent contractor. Whilst your contractor accountant will be keen for you to claim all your allowable expenses, doing so and managing them in the first place can be a difficult task. Having to record, store and backup your receipts does sound like… View Article
Chelsie Richardson Chelsie Richardson , 1 February 2018