Contractor News


Latest CV-Library figures show a strong start to the new year

New figures published in mid-January indicate a significant increase in job searching activity across the board, with a 55% rise in people looking for a new role in 2017, when compared to December 2016.


Recent poll reinforces our findings on contractor benefits

From April onwards, in the public sector only, new rules mean that the end client or the ‘engager’ (which could also mean an agency) will now be responsible for determining the IR35 status of a contractor, not the contractor themselves. With this change, HMRC is hoping to target 20,000 public sector contractors who it feels should be within IR35, and hopes to raise an additional £400m as a result.


New opportunities for contractors in the manufacturing sector

According to new data released by Jobrapido, there was a 2.28% increase in new opportunities for contractors and other workers within the manufacturing sector last year. The industry saw consistent growth throughout 2016, despite the EU referendum.


January REC reports show significant opportunities for contractors

REC Report on Jobs shows a significant drop in availability of key skills, making 2017 an excellent opportunity for limited company contractors.


Good news for the Service sector in the latest Purchasing Managers' Index report

The December Purchasing Managers' Index (PMI) is now out, and the figures are looking good for the service sector. This monthly report from Markit and the Chartered Institute of Purchasing and Supply shows figures were at a 17 month high.


New report shows that rates of pay and opportunities for contractors are on the rise

New research from CV-Library indicates that average pay rates for contractors rose by 3% during October 2016.


New McKinsey survey shows most contractors are happier than employees

A recent survey by the McKinsey Global Institute (MGI) has discovered that a resounding 97% of contractors and independent workers are happier and more satisfied than their permanent colleagues, which is great news – but not really a surprise to us here at SJD!


Autumn Statement 2016

SJD Accountancy have been invited by HMRC to consult on developing the IR35 tool following the Autumn Statement results.


New Office of National Statistics (OTS) data indicates clear contractor opportunity

Between July and September of this year, unemployment figures went down to their lowest point since 2005 – to just 4.8%, which is 900,000 less than 2010. At the same time, the most recent Labour Market Report also found that that pay rates had increased during the same three month period, when compared to this time last year – showing an average rise of 2.3% across the country.


The ‘Famous Five’ top IT Skills in demand

What this leads to of course is a need for some seriously talented people, who can get involved in all areas of an organisation, with skills to support various functions. Especially the departments that have a drive towards measurable results and finding new ways to enhance and cement their customers’ experiences with the business. Digital skills were recently identified in the Recruitment & Employment Confederation (REC) ‘Report on Jobs’ as leading the way – with IT contractors in particular being in the highest demand since May of this year.

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SJD Accountancy

SJD Accountancy are the UK's largest specialist provider of fixed fee, Limited company accountancy services to contractors; we've been acting for contractors across the UK since 1992 and have more than 15,000 clients.

We are the only national specialist firm of contractor accountants with offices nationwide. SJD Accountancy has more qualified staff than any other firm in our market with qualifications from the following major tax and accountancy bodies - ATT, AAT, CTA, ACCA, CA, ACA and FCCA.

  • Unlimited face to face meetings. This is a unique service only SJD Accountancy offers - unlimited face to face meetings across the UK - tax is complicated and sometimes only a meeting will do.
  • UK's Largest contractor accountants with more qualified staff. No call centres, no outsourcing, no automated call handling. Simply telephone, email or meet your own dedicated accountant* face to face.
  • Money back service guarantee. All your telephone calls and emails will be answered the same day or we will make a full refund of that months fee.
  • Outstanding reputation. We have won more awards for customer service and accountancy excellence than any other firm in our market, including: Best Accountant for Contractors, Accountant of the Year and Best Professional Service Team to name just a few.
  • All inclusive low cost fixed fee accountancy package which includes completion of accounts*, payroll bureau, dividends and corporation tax computations, personal taxation, free bookkeeping software, your own dedicated accountant* and all company returns for a fixed fee of £120 plus VAT per month.

If you have any questions about contracting or would like any further advice please call our new client services helpdesk on 01442 275789 or email:

Appoint SJD Accountancy and never worry about your tax or accountancy affairs again.

Form your own Limited company with SJD - our same day online company formation service includes company bank account set up, VAT/PAYE registration and advice on optimum share structure. 

You may also find the following pages, guides and case studies useful:

*If you would like us to complete your company year end accounts we simply ask that you have been a client of SJD for one year or have made 12 monthly payments. All accountants are part or fully qualified.