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Last Updated: Nov 22, 2024

GOV.UK Construction Industry Scheme (CIS) Explained

By the Construction Industry Scheme (CIS), contractors deduct 20% from registered and 30% from unregistered subcontractors as advance tax payments.

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Last Updated: Nov 22, 2024

Sole Trader (or Sole Proprietorship) Explained

The sole trader business structure suits self-employed individuals registered for self-assessment and seeking to manage their businesses.

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Last Updated: Dec 06, 2024

Income Tax for Self-Employed Contractors Working for One Company

If you are a contractor, self-employed, employee, or director working for an employer, discover how your employment status affects your income tax.

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