What is a contractor?

If you provide services to a company or client, then you are a contractor. This can mean that whilst they have provided the opportunity to work, you may not be directly engaged by them. It is imperative when you are a self-employed contractor that you take the responsibility of your own tax and National Insurance contributions.

How it Works

Your responsibilities as a contractor

Knowing what you should do in terms of obligations to HMRC can be overwhelming when you first become a contractor. IR35 rules came into force in April 2021 and what this means is that HMRC will determine if a contractor falls inside or outside IR 35. If you are being treated as though you were a full-time employee with the same benefits, you will be deemed as falling inside IR 35 rules.

Still unsure?

You are classed as self-employed or a contractor if any of the following applies:

  • You submit bids or give quotes to get work
  • You submit invoices for the work they’ve done
  • You are responsible for paying your own National Insurance and tax
  • You tend to work under your own remit without supervision
  • You do not receive holiday or sick pay when not working

We take care of all your obligations with a small fee that is classed as expenses at the end of the tax year.

Payroll

We have developed a simple payroll system where we process your invoices, generate a pay slip and help you keep track of your earnings.

Employers Liability

You need to safeguard yourself from potential employee claims that may arise. We cover you for this insurance with one fee that covers our whole service.

Tax

Our experience in payroll means we can take your tax at source using the correct codes so you don’t need to worry about that at the end of the year.

Personal accident

Personal accident cover is necessary just in case you injure yourself at work. We can take care of that for you as part of our payroll processing.