Wednesday, September 30, 2020

5 Advantages of Working From Home

The Many Advantages of Working From Home

Being able to work from home can feel like a luxury at times. It can be so nice to not have to deal with long commutes in the morning and again at night. It can be so wonderful to not have to share cramped workspaces with pushy coworkers and anyone else along those lines. If you want to enjoy a work experience at home that’s one for the record books, you have to prepare like a champion. There are so many advantages associated with being able to work from home these days.

1. Being Able to Save a Lot of Time

If you work at home, then you can save a lot of precious time. That means that you can spend more time doing the things that you actually love in life. If you want to be able to hang out more with your friends and family members, then working at home can open you up to that pure joy. Remember, not having to spend hours being the wheel daily can add up quickly.

2. Being Able to Work in a Visually Appealing Environment

Working from home gives people the ability to be able to tackle their jobs in visually appealing spaces that are welcoming to them. It can be nice to be able to work as you stare at your attractive wood mantel at home. Your wood mantel may be covered in photographs of the people you adore the most in the world. Staring at pictures of family members all day definitely beats being in a cold and sterile office environment with harsh lighting.

3. Being Able to Take Breaks Whenever the Need Arises

If you work at home, then you’re in charge of your own schedule. You don’t have to worry much about anyone monitoring you. It can be frustrating to not be able to nap quickly any time your eyelids feel heavy. If you want the freedom to be able to doze off or go for brisk and refreshing outdoor strolls any time the need arises, working from home may be the ideal solution for you. Working from home can be terrific for people who do not like feeling like others are in charge of their existence and time in general. If you want to feel like a bonafide adult who can make your own decisions, the remote work path may be right up your alley.

4. Not Having to Pack Meals

People who work from home can eat meals that are a lot healthier. It can be frustrating and time-consuming to have to pack meals on a daily basis. If you’re strapped for time, you may end up having to purchase lunches from local restaurants and fast food joints. Paying for food outside can cost a lot. Costs can add up pretty rapidly as well. If you want to save money on meals and snacks, working from home can do a lot for you. It can also help you maintain a nutritious and well-rounded diet. If you’re at home, you won’t be tempted to get candy bars from vending machines in the hallway. If you’re at home, you won’t be as tempted to go to nearby pizza joints twice a day, either.

5. Not Having to Pick Out Outfits

Working isn’t always fun. It can be a buzzkill to have to work in professional attire that’s the polar opposite of cozy and relaxing. If you want to be able to work with maximum serenity, then you can do so at home. That’s because you can wear your softest pair of leggings around. You can even keep your pajamas on. If you want to work and feel like a million dollars at the same time, the home track may be the way to go for you.

Enhancing Your Home Work Experience

You can do all sorts of things to enhance your remote work experience. You can install new lights that can keep you alert and awake. You can tell your family members to be quiet during standard “business hours,” too. If you want your work journey to be a hit, then you need to be able to communicate clearly with the folks around you.

Today’s September 30 Loan Charge deadline: the end for contractors, or just the very beginning?

A sea change is here. Alongside a a taxman who’ll keep chasing and schemes that’ll keep targeting. But hold on to your old ways -- and you’ll struggle.

Business Asset Disposal Relief: what the new Entrepreneurs' Relief means for limited company contractors

As Sunak’s sights are set on your stash, it’s financially better to go with 'BADR' while it’s still intact.

Tuesday, September 29, 2020

With IR35 reform still at a green light, some contractors will park, pass or stop their PSCs

Getting your exit or next route mapped out now looks safest, given that the chancellor seems fresh out of announcements.

Dear chancellor, rescue (or at least reply to) the swathes of limited company directors forgotten amid covid-19

Rishi Sunak, the clock is ticking to stop the mass closure of small incorporated business. Only you can provide the vital economic aid they need to survive.

Monday, September 28, 2020

Winter Economy Plan 2020: 'Demonised' contractors offered 'nothing whatsoever'

Worse than just 'irrelevant,' the chancellor’s package for UK contracting is condemned as 'ill-winded'.

Why the Job Support Scheme falls short for limited company contractors

Getting back to work is the goal of most (even the government’s). This scheme looks like a punt that misses.

Friday, September 25, 2020

IR35: Contractors, are you working via the quietly tweaked term, ‘company intermediary?’

Consistency was one of IR35 reform’s silver linings. But without many noticing, it’s now been removed.

Thursday, September 24, 2020

Rishi Sunak cancels Autumn Budget 2020 due to coronavirus crisis

Despite the unsurprising move, UK contracting fears it could mean support for PSCs is even further off.

Eighty MPs write to Rishi Sunak over September 30th Loan Charge deadline

Covid-19 has ripped into HMRC’s settlement capabilities as 6,000 cases aren't concluded, chancellor told.

Wednesday, September 23, 2020

Limited company tax ruling puts onus on directors to not just hand it all to their accountant

Making a ‘prudent and reasonable’ check of their tax return is a director’s job, not an accountant’s – FTT.

Work from home, again, tops new list of covid-19 restrictions for England

It’s ‘business as usual’ for many, a blow to others, yet for some contractors, says IPSE, it’ll be a reminder of financial catastrophe.

Tuesday, September 22, 2020

'Appalling' IR35 reform email targeting limited company contractors receives short shrift

Brollies, accountants and contractors trash an emailed attempt to earn a ‘quick buck’ off 2021’s off-payroll rules.

Contractors’ Questions: How can I get paid easier and faster by my overseas clients?

Options, transfers and updates look better than banking on your local bank to receive your dues from abroad.

Monday, September 21, 2020

Tax experts vindicate Sunak for threatening sole-person businesses

Accounting bosses tell the Treasury Select Committee that the chancellor would be right to raid people who work for themselves.

Squaring the rule of six with your next in-person contractor business meeting

Face-to-face meetings may be back, but the priority of covid-secure isn’t going anywhere.

Friday, September 18, 2020

IR35 Status Determination Statements: contractors’ FAQs, answered

How to make sense of your off-payroll SDS, now and after April 6th 2021.

Thursday, September 17, 2020

As the six-month countdown to IR35 reform nears, is UK contracting ready?

In my nearly two decades in the contractor industry, moments don’t get much more significant than this, says Qdos boss Seb Maley.

Companies House hands ‘at risk’ directors new guidance on staying safe

How to protect and remove your personal details from the register gets a refresh.

Wednesday, September 16, 2020

Contractors, why use a recruitment agency that accepts incorrect IR35 status decisions?

Like some HR teams and clients, not all agents push back on off-payroll negligence. Seems PSCs have a choice to make.

Judicial Review Loan Charge campaign calls for ‘one big final push’

Its backers say the last and best hope of stopping the 2019 levy just needs a few more people to chip in.

Tuesday, September 15, 2020

Coronavirus, currency and contractors: the impact of the pandemic on exchange rates

The side-effects of covid-19 in foreign exchange terms will be measured in the years, not months.

Limited company director and accountant arrested over alleged £70,00 furlough fraud

HMRC nabs two more on suspicion of ‘setting out to deliberately defraud’ the CJRS.

Monday, September 14, 2020

Revealed: Big Four CVL myths, Top Three MVL myths

Don’t fall prey to these false company closure claims doing the rounds as IR35 reform nears.

Autumn Budget 2020 may be delayed until Spring 2021

Sunak’s statement to the OBR unusually omits exactly when his fiscal package will be delivered.

Friday, September 11, 2020

Setting the IR35 record straight: the wrongs, rights and maybes of April 2021’s off-payroll rules

Ten things not all contractors know about how the intermediaries legislation is changing.

Thursday, September 10, 2020

Demand for IT contractors pulled nearer to growth in August

Brexit and covid uncertainty is paving a path which is leading end-users to temps first.

Wednesday, September 9, 2020

HMRC off-payroll rules study slammed as unreliable and lacking rigour

New Revenue research into next year’s IR35 reform labelled ‘highly questionable.’

Covid-19: Enforcement of travel quarantine rules ‘to be stepped up’

Penalties and a criminal record awaits the ‘irresponsible’ ignoring the 14-day self-isolation order.

Tuesday, September 8, 2020

Reply to HMRC’s furlough scheme letter, rather than ignore it – law firm

‘It’s up to each PSC recipient to decide for themselves. But self-reviewing, as you’ve been asked, looks prudent.’

Contractors’ Questions: Why don’t clients like sending money to my foreign bank account?

Analyst helps a SEO contractor searching for a better way to get paid by his EU clients.

Monday, September 7, 2020

Contractors look less of an Autumn Budget target, say IR35 experts

As huge tax reform is already waiting in the wings, an ‘odd tweak’ to other rates is seen as more likely.

CJRS: Contractor limited companies ‘can’t duck 10% wages top-up requirement’

Leaving salary at the level the government puts in won’t do, as 80% coverage is still required.

Contractors look less of an Autumn Budget target, say IR35 experts

As huge tax reform is already waiting in the wings, an ‘odd tweak’ to other rates is seen as more likely.

Friday, September 4, 2020

ContractorUK launches Fantasy Football League 2020/21 - Win £250!!

Do you want to be the football guru on ContractorUK and win a cash prize?

MVL: When the time to close your contractor limited company is right

Tests to take to gauge when selling shop is sensible, shrewd or just something your heart desires.

Thursday, September 3, 2020

Contractors’ Questions: How to independently import Spanish tech products into the UK?

An EU-reliant goods business launching amid Brexit uncertainty definitely warrants professional advice.

Limited company contractors braced for Autumn Budget 2020 to overhaul tax and dividends

Almost all the liabilities PSCs pay stand to be hiked at chancellor Sunak’s November statement.

Covid-19: What the mortgage holiday’s scary Halloween end means for contractors

Official support for homeowners runs out on Oct 31, the most frightening day in the calendar – this year more than most.

Schroders includes contractors in new Flexible Working Charter

One of London’s oldest financial institutions is among the contractor clients committing to the new normal way to work.

Switzerland removed from UK’s covid-19 travel corridors list

The overseas contracts hub joins the countries that contractors must self-isolate after returning from.

Coronavirus lockdown legal challenge smashes £250,000 target

‘Groundswell of public support’ lets accounting boss upwardly revise his big number to £325,000.