Thinking of switching your contractor accountant? Your choice of an accountant can have a big impact on your experience working as a contractor. It’s important to choose an accountant who understands your business needs and the environment in which you work.
It’s the first week back to work after taking some much-needed time off over Christmas and New Year. It’s tough to get back into the hustle and bustle of ‘normal’ life after what seems like a long time off.
Making Tax Digital (MTD) marks the end of paper record-keeping for millions of businesses and self-employed professionals in the UK. If you have a VAT-registered business, you need to prepare for Making Tax Digital by 1st April 2019.
Contract breaches occur often in the business world, but in most cases they can be dealt with swiftly and without too much fuss. If you haven’t experienced a contract breach scenario, it is good to learn how to recognise one and how to handle it in case it ever happens to you.
Moving from sole trader to limited company is a big decision, but it could have many benefits for your business. If you’ve operated as a sole trader up until now, here’s a how-to guide to starting a limited company.
The theme for Mental Health Awareness Week (14 – 20 May 2018) is stress. Contractors, freelancers, and self-employed professionals can experience stress due to job insecurity, financial standing, taxes and more.
Umbrella companies are one of the most popular payroll services for freelancers and contractors in the United Kingdom. However, with so many unethical organisations encouraging tax avoidance and promoting 90 percent pay retention, how much should you realistically take home after the appropriate deductions have been made to your pay?
The deadline for filing self-assessment tax returns for the 2016/17 tax year was midnight on 31st January 2018. Any personal tax payments due also needed to be paid by this deadline. Have you still not filed your return or paid your self-assessment tax bill?
Having a permanent position in a company gives you stability, financial security and routine. However none of this means anything if you don’t love what you do.
HM Revenue and Customs (HMRC) reported that a record-breaking 10.7 million filed their 2016/17 self-assessments before the midnight 31st January deadline. Were you one of the 6.5% who missed the deadline?
