UK Contractor Finance: The Complete Guide
UK contractors operate through limited companies (Personal Service Companies), umbrella companies, or as sole traders. IR35 status determines tax treatment. This guide covers the structures, the tax position, and the operational essentials.
UK Contractor Corporation Tax Basics
UK PSC contractors pay corporation tax at 19% on profits up to GBP 50,000, 25% above GBP 250,000, marginal between. Filed 12 months after year-end; paid 9 months after. This guide covers the calculation, deductions, and key dates.