5 Tips for Contractors Working in the Cold Weather
With winter fully underway, we thought we would share some tips that we’ve picked up as contractor accountants for working in the colder months. Whether you work on an oil
Accounting for Limited Companies
Why use accounting for limited companies? Having an accountant in place is vital in running and maintaining a successful business. Companies large and small are required to declare income to
5 Reasons to Switch Contractor Accountants
Thinking of a new accountant service that will have a service more in-line with your needs? Why not switch contractor accountants? We examine five key reasons why contractors change their
Can HMRC Ever Be World Class?
Revenue set out strategy for becoming top organisation HMRC has recently published its corporate strategy to become a “world-class organisation” underpinned by the values of professionalism, integrity, respectfulness and innovation.
Did You Claim Employment Allowance?
Historical NIC Employment Allowance claims still possible In the Budget of 2013, the then Chancellor of the Exchequer, George Osborne, announced that as from 6th April 2014 employers would be
A Capital Idea: Company Dissolutions
Tax treatment of the final distribution of assets For contractors contemplating winding up their company, the tax treatment of the final distribution of assets will either be income, ie a
Autumn Statement
How the VAT Flat Rate Scheme changes will affect you In a week when Prime Minister Theresa May spoke at the CBI conference reassuring UK business of the government’s “unashamedly
Service company – a question of responsibility
As a contractor, you no longer need to worry about the service company question on personal and employer self-assessment tax returns. HM Revenue & Customs (HMRC) has scrapped this much-maligned
Travel & Subsistence Changes – What Does it Mean?
Recently proposed travel & subsistence changes reinforce the importance of IR35 compliance. Ahead of the autumn statement, contractors were wary of George Osbourne’s plans for the LTD company worker, and
Contracting – The Top 5 Things to Consider
For those who are thinking of taking the leap into the contracting profession, or for all of you veterans who want to swat up on on your industry knowledge, here