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.

  • 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.

  • 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 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.

  • 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 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.

  • How to protect valuable client data when travelling

    How to register with Companies House

    Choosing whether or not to register your business with Companies House and turn it into a limited company isn’t always a clear–cut decision. However, this important choice can profoundly affect your trading success. Read our guide below for an overview of the considerations you should be making when this question arises, as well as the steps you will need to take if you do want to register your business.

  • 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.

  • Managing scope creep

    Managing and Prevent Scope Creep

    The best-managed projects are those that have clearly defined scope. Scope creep occurs when ambiguity takes over, communications are poor and the standard of project management slips. It can affect companies on both an operational and a strategic level.

  • What is a limitation of liability clause?

    What is a limitation of liability clause

    Limitation of liability is an essential part of any working agreement between a consultant and their client. This guide for self-employed people gives you all the necessary information so you can mitigate the risks and ensure your business is covered.