Information for Contractors
UK contractors – thinking of starting your own limited company?
Whether you’re new to contracting and looking for the right trading structure, or you’re a contractor considering the move from an umbrella company or PAYE to your own limited company, Xpertise help contractors take the next step.
We work closely with a number of leading accountants that focus on UK contractors’ needs. To find out more about how you can become a limited company, contact one of our specialist contract recruiters.
Discounted Insurance for Contractors
As a contractors on assignment, the majority of our end clients require you to have appropriate insurance in place. Therefore, Xpertise have partnered with Kingsbridge Insurance to offer our limited company contractors a discounted insurance product starting at £299.50 per year. This also ensures that you are suitably covered should an issue arise as a result of your work.
For these reasons, Xpertise now requires all contractors to hold valid insurance and in return, this product covers your business for:
- £5m employers’ liability if applicable
- £1m public liability
- £1m professional indemnity insurance.
With the continued scrutiny on IR35, having an insurance policy in place is also seen as a positive indicator of self-employment by HMRC, and helps demonstrate that you are operating as a legitimate business, rather than a disguised employee.
For additional details you can download further information here.
Agency Workers Regulations – your questions answered
The new Agency Workers Regulations came into effect on 1st October 2011 affecting contractors working in the UK. To find out more please ask one of our specialist contract recruiters.
HMRC IR35 Government legislation – your questions answered
HMRC IR35 legislation targeting contractors working across central government, local government and the NHS was introduced in April 2017. HMRC will assume all contractors are operating inside IR35 unless you can certify you are working outside IR35. To find out more please ask one of our specialist contract recruiters or read our article on IR35 here.