Tax liabilities for contractors

Once you enter the world of contracting there is an increased level of responsibility regarding your taxes and finances. There are various ways to handle your taxes - you can choose to do them yourself, you can employ an accountant or you can work through a contractor umbrella company. Whichever method you choose it is very important that your taxes are paid according to HMRC legislation. Pay them on time Declaring your taxes can be a complicated process, especially if you are used ...
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