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A selection of great tools, business guides and articles to help make your business a success

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Setting Up A Limited Company: A Jargon-Free Guide

Setting Up A Limited Company: A Jargon-Free Guide

Incorporating your company is a shrewd business move for a contractor or freelancer. By setting up a limited company, you can protect more of your hard-earned profits, and minimise risk when dealing with high-value clients and contracts. However, the ins and outs of...

What Expenses You Can and Can’t Claim

What Expenses You Can and Can’t Claim

Registering as a limited company can help you minimise your tax burden, provided you go the right way about claiming expenses on your tax return. As such, it’s crucial to understand what you can and can’t claim as a business expense. To give you an introduction to...

Understanding Your Corporation Tax Liability

Understanding Your Corporation Tax Liability

As a limited company, your business is liable for corporation tax, levied on the profits of your company at the end of your financial year. To ensure that you have adequate funds to pay this by the tax return deadline, it’s crucial to understand the ins and outs of...

Automating Your Bookkeeping Processes With FreeAgent

Contracting and freelancing gives you the power to set your own work hours and rates, to leverage your skills to their full potential. However, keeping track of your finances can be a headache for a one-man or woman band. Unless your accounts are in order, your...

Do You Really Want Lower Fees From Your Accountant?

Do You Really Want Lower Fees From Your Accountant?

Self-employment gives you almost unlimited earning potential, but it also comes at a cost. Unless you want to spend every waking hour at your desk, it’s essential to bring in external support from qualified professionals, especially where your accounts are concerned....

Paying too much through an umbrella company?

Paying too much through an umbrella company?

Type ‘Umbrella Company’ into Google and you‘ll come across an array of outrageous claims, 90% take home after tax probably the most popular line put forward. In reality most umbrellas won’t get close to that – unless they’re breaking the law (tax avoidance) – and in...

Startup contracting: what you need to know

Startup contracting: what you need to know

The latest labour statistics show that self-employment is at an all-time high, 4.66 million people now making a living this way. Tens of thousands take the plunge every month, swelling the ranks of the self-employed - contracting one of the most popular options for...

What to do when your contractor bookkeeping is a mess

What to do when your contractor bookkeeping is a mess

Speak to any seasoned accountant and they’ll tell you that good bookkeeping is essential, keeping track of your financial transactions key to the accounting process. Lose grip of what’s going on day-to-day and you could anger HMRC, penalties a prospect if dodgy books...

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