Help & guidance for professionals

  • What is professional indemnity insurance?

    What is professional indemnity insurance?

    If you are alleged to have provided inadequate advice, services or designs to a client, professional indemnity insurance provides cover for the legal costs and expenses in defending the claim, as well as compensation payable to your client to rectify the mistake.

  • The new draft IR35 legislation

    The new draft IR35 legislation

    The new draft IR35 legislation has been released - here is a summary of the key points and Markel Tax's initial thoughts on them.

  • The new draft IR35 legislation

    New IR35 Private Sector Legislation explained

    The long awaited “private sector IR35” legislation has finally been released in draft form. Here's Markel Tax's quick guide to what it means for contractors.

  • How to protect valuable client data when travelling

    How to protect valuable client data when travelling

    As a self-employed individual, regular business travel is part and parcel of the job. In many professions, it may also mean taking responsibility for sensitive or private data.

  • Secure IT system considerations for small businesses

    Secure IT system considerations for small businesses

    From the individual with personal data to protect, to the multi-national corporation with billions invested in its private operations, we all have to consider how to avoid an online threat.

  • How to become a contractor

    How to become a contractor

    Modern workers are increasingly seeking out careers in contract work. With the freedom to set your own hours, pursue interesting opportunities and work with a diverse range of organisations, many talented workers are turning to the freelance lifestyle.

  • Self assessment tax return for sole trader

    Self-assessment tax returns for sole traders

    There are many benefits to being self-employed; the autonomy, the freedom to pursue interesting projects and the ability to choose your own working hours to name just a few. However, with these advantages come a number of responsibilities - as a sole trader, completing your self-assessed tax return is one of the most important.

  • How to become a management consultant

    How to become a management consultant

    There’s a lot of variety in the role of management consultant. No two days are the same when working for companies across different sectors of all sizes.

  • What is GDPR?

    GDPR: What is it and how will it affect small businesses and freelancers?

    Businesses collect and store an astronomical amount of data on their customers and clients in this digitally-driven age. However, the rules on how data is obtained and stored are about to change and it’s vital that everyone – including small businesses and freelancers – is aware of and takes notice of the changes, known as GDPR.

  • Should I become a contractor?

    Should I become a contractor?

    If you have a skill or expertise it’s important to put it to good use. While you might well lead a long and fulfilling career in employment, you may also benefit from the rewards to be had by becoming a contractor.

  • How IR35 reform will impact UK contractors

    How IR35 reform will impact UK contractors

    Contractors and agency workers could soon be forced to pay more in tax and National Insurance under changes put forward by the Government.