Stage S04

UK Contractor Mileage Claims Through Company

UK contractors can claim 45p per mile for the first 10,000 business miles and 25p above through their PSC. The mileage covers all running costs. Travel to a permanent workplace (24-month rule) is not deductible. This guide covers the process.

16 Jun 2026 · 7 min read

UK Contractor Life Insurance Through Limited Company

UK contractors can hold life insurance personally or through their PSC using Relevant Life Cover - a specific structure where the company pays a tax-deductible premium for cover that benefits the family on death. This guide covers both routes.

16 Jun 2026 · 7 min read

UK Contractor Income Protection Insurance

UK contractor income protection insurance replaces a percentage of income (typically 50-65%) during illness or injury that prevents work. Deferred period typically 1-6 months. Through the PSC the premium can be paid by the company (executive income protection) for tax efficiency.

16 Jun 2026 · 7 min read

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.

16 Jun 2026 · 10 min read

UK Contractor Expense Rules: What's Allowable

UK contractor expenses through a PSC must be wholly, exclusively and necessarily for the business under section 34 ITTOIA 2005 (sole traders) or section 1298 CTA 2009 (companies). This guide covers allowable categories, mileage rules, and home office.

16 Jun 2026 · 7 min read

UK Contractor Dividend Tax: Rates and Thresholds

UK contractor dividends are taxed at 8.75%/33.75%/39.35% above the GBP 500 dividend allowance. Director-shareholders pay personal tax on dividends extracted from the limited company. This guide covers the calculation, stacking with salary, and planning.

16 Jun 2026 · 10 min read

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.

16 Jun 2026 · 7 min read

UK Buy Now Pay Later Explained: Klarna, Clearpay

UK Buy Now Pay Later (BNPL) services like Klarna, Clearpay, Laybuy split a purchase into instalments. Currently unregulated for most short-term variants but coming under FCA regulation from 2026. This guide covers the products, the rules, and the credit-file impact.

16 Jun 2026 · 7 min read

UK Breathing Space Debt Relief Scheme Explained

The UK Breathing Space scheme gives 60 days legal protection from creditor enforcement, with interest and fees paused. Accessed through a debt adviser or mental health professional. This guide covers eligibility, the process, and how to use the 60 days productively.

16 Jun 2026 · 7 min read