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Sector Watch: Where Can UK Contractors Find Work during Covid-19?

Sector Watch: Where Can UK Contractors Find Work during Covid-19?

Last week, Foreign Secretary Dominic Raab announced that the lockdown would be extended for ‘at least’ three weeks, while Deputy Chief Medical Officer Dr Jenny Harries previously warned that measures could last up to six months. With many businesses putting projects on indefinite hold, contractors may find themselves unable to work in their usual industry.

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Scammers Piggyback on Covid-19 Crisis

Scammers Piggyback on Covid-19 Crisis

Many public organisations such as HMRC, BBC and FCA are warning of on a surge in scam emails and texts during the Covid-19 panidemic. Con-artists are using the inevitable financial anxiety, disruption and confusion in the midst of the crisis to exploit people’s vulnerability. Many of these scams have been around for a while and

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Self-Employed Not Forgotten in Coronavirus Crisis

Self-Employed Not Forgotten in Coronavirus Crisis

Following accusations that the self-employed were being left out in the cold during the Covid-19 epidemic, the government has responded with new measures to protect this sector. On March 26th, the Chancellor announced news of the Self-Employed Income Support Scheme, which see the relief on offer to the self-employed achieve parity with that offered to

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Mortgage Legal Fees: What do you pay for and when do you pay legal fees?

Mortgage Legal Fees: What do you pay for and when do you pay legal fees?

Whether you’re a first-time buyer, a landlord, or a prospective buyer, there are several fees that you will need to consider when buying a new property, including your legal fees. Legal fees typically range between £800 and £1500 plus VAT, so before you begin the purchasing process it’s important to ensure that you’ve budgeted for

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How To Calculate Your Contractor Day Rate

How To Calculate Your Contractor Day Rate

As a seasoned contractor, it’s really important that you get the pricing for your services 100% right. There are lots of “equations” out there to help you calculate how much you should charge, but ultimately everyone’s situation is different. When working out your day rate, you have to think about things like your overheads, expenses,

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4 Ways Contractors Get Their Finances All Wrong

4 Ways Contractors Get Their Finances All Wrong

As a contractor, it’s up to you to take responsibility for your lifestyle costs and structure your financial arrangements to cover them. However many contractors overlook simple steps that can be taken to enjoy greater working flexibility, more free time and the potential to increase the money made as an independent contractor when compared to

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8 Ultimate Finance Tips for Limited Company Contractors

8 Ultimate Finance Tips for Limited Company Contractors

Being your own boss as a limited company contractor has many advantages, from greater control over the work you do to simply being able to escape office politics.  For many who choose to work this way, one of the biggest draws is the opportunity to manage your own finances and the potential to earn a

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How to earn more as a contractor in 2018

How to earn more as a contractor in 2018

In recent years the contracting sector has continued to evolve at an unprecedented rate as more people than ever before recognise the many unique benefits that come hand in hand with becoming an independent contractor.   If you haven’t already considered it, now could be the perfect time to take a leap of faith in

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