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ELT is here to ensure you get the most out of your time contracting; get paid on time; claim valid business expenses; maximize your net returns, understand the terms and conditions of your assignments; take advantage of added benefits and receive invaluable up-to-date advice and information on matters affecting you and the industry. We believe in consulting with you, offering the best advice to give you the confidence to make the right choices. Whether you’re a new contractor or a seasoned professional, whatever the sector, industry or pay rate, our range of expert solutions and accounting services has everything you need to succeed.
Quick Tax Guide 2018-19
- Personal Allowance £11,850
- Basic Rate 20%. £11,851 - £46,350.
- Higher Rate 40% £43,351 - £150,000.
The higher rate applies on taxable income earned above the personal allowance and basic rate threshold, up to taxable income of £150,000.
- Additional Rate 45% Over £150,000