Contractor UK: IT Contracting Resources for UK Contractors
Contractor UK is home to the UK's IT contracting community. Online since 1999, offering daily news & guides, contract jobs, rates, calculators & an active forum with over 30,000 members. Contractor UK has everything for the successful contractor. Contractor Mortgages.
Contractor Market Rates Reports - November 2024
Contractor market demand reports. You can check out the latest ContractorUK market reports below: ‘Hesitant’ hirers kept IT contractor jobs market from growing in May 2024. Companies are ‘still stalling on hiring decisions,’ but the knock-on negative appetite for IT contractors is now reducing, month-on-month.
Guide to Contracting in the UK from Overseas
Apr 20, 2023 · Pay the application fee -- the standard fee ranges from £625 to £1,423, depending on your circumstances. Pay the healthcare surcharge (‘IHS’) -- this is usually £624 per year. Support yourself when you arrive in the UK -- you will usually need to have at least £1,270 available (unless you are exempt).
IT contractor demand floundering despite Autumn Budget 2024
2 days ago · Demand for IT contractors fell in October 2024 to its lowest level since July 2022, REC figures show. The figures mean IT contractor demand has not been lower since the economy tentatively reopened from covid 27 months ago. Obtained by ContractorUK, the figures also show that IT skills demand on a contract basis fell in October for the third ...
Labour’s Single Worker Status: what it might mean for contractors …
Jul 19, 2024 · Outlined in detail in Labour's ‘ Plan to make work pay’ (published in May 2024), Single Worker Status is about introducing a new single status of worker as part of efforts to improve pay and conditions for working people. It also appears to be about making resourcing and compliance simpler for businesses. Looking at the May document, it’s ...
IT Contractor Money - Financial Advice for Contractors
News and guides on money and finances for contractors. Covering everything you need to know from contractor mortgages, pensions and ISAs, to tax rates, contractor wills and childcare vouchers. You can also read the latest news on anything likely to affect your financial affairs e.g. new legislation, Budget and Brexit.
Contracting on the side while still employed; is it possible?
Nov 27, 2023 · Many professionals today are opting for a hybrid model, where they maintain a primary, stable employment position while engaging in freelance or contract work on the side. While this arrangement is possible – and is attractive for providing a unique blend of security and flexibility, it can be a little more complex than one might think.
Guide to Hiring a Contractor
Hiring a contractor instead of employing a permanent staff member can be beneficial for a number of reasons. Contractors are often required to provide expert skills the in-house team may not have, usually to complete a particular project or task. Companies also …
IR35 and off-payroll working FAQs: eight need-to-knows
Apr 4, 2024 · Although it has been in place for well over 20 years, IR35 still causes confusion for many contractors trying to navigate the legislation. Further to us addressing an initial batch of commonly posed queries tied to this coming Saturday’s IR35 offset, I want to provide here answers to more general IR35 and Off-Payroll Working FAQs, …
How much National Insurance will I pay as a contractor?
Jan 11, 2024 · Earnings between £12,570 and £50,270 will, since January 6th 2024, attract Employee NICs at a rate of 10%, down from a previous 12%. For earnings above £50,270, the NICs rate drops to 2%. There has been no change to this rate. Employee NICs are deducted from your gross salary at the point of payment and paid over to HMRC through the Pay As ...