Working as a contractor can offer many benefits such as flexibility, greater earning potential and the ability to work with various clients. Having said that, additional independence comes with additional responsibility. There is no longer an employer organising your pension contributions or protecting your income should you be unable to work through sickness. You must manage the tax affairs of your company as well as your own. Changes to taxes and legislation (such as IR35) are now your responsibility to keep abreast of.
Whilst this may seem daunting, Barnes Robertson have worked alongside contractors for a number of years, providing specialist guidance and advice on all financial matters.
In addition to providing initial advice, we will continue to review your financial affairs on a regular basis to ensure your arrangements remain suitable and up to date. Should you wish, we can keep you up to date on any budget or tax changes and the latest market and economic news via our e-briefing service.
Our specialist services include:
- Pensions for contractors
- Pension reviews and consolidation
- Corporate investments
- Tax effective planning
- Business Protection
- Auto Enrolment guidance
The value of an investment with St. James's Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.
Please contact us for more information.