A selection of great tools, business guides and articles to help make your business a success
Individuals starting out a new business often find themselves asking one question: How much money do I set aside for my business taxes? For those who have spent a few years in developing their business, you have a good feel about how much money you should set aside to...
As a freelancer or contractor in the UK, you are responsible for keeping track of your income and ensuring that you are paying the correct amount of taxes each financial year. While hiring a professional bookkeeper is always best practice, you should be aware that you...
There are countless benefits to being a contractor – you get to set your own hours, you can take vacation when you choose, you can charge the rates that you think you are worth, and you are your own boss. You never have to worry about being laid off or fired, but you...
Working on a new project can be an exciting time for any contractor – your creative juices are flowing, you are spending loads of time on planning, and you are eagerly looking forward to a big deposit in your bank account. During all of this commotion it can be very...
So you have recently become a contractor, or you are at least thinking about it. Most newbie contractors can run into a few initial problems. However with a little advice, they are usually overcome quite quickly. One of which is organisation skills. It can be a big...
As a contractor or someone who is new to freelancing, you must ensure that your bookkeeping and accountancy tasks are amongst your top priorities – as contractor accountants we have all too often seen promising new start-ups fall into insolvency because they have...
When you imagine an accountant, that old standard cliché may pop into your head: a dull, boring old pencil pusher whose monotone voice echoes through your ears while they drone on about numbers and deductibles. While we love this old caricature for its comedy value,...
Annual income is always a taboo topic when speaking to friends, but it can also feel like a taboo for freelancers! If you are new to contracting and freelancing, one of the most confusing matters you need to confront is how much you should be paying yourself at the...
Are you trying – and failing - to juggle your bookkeeping tasks on dozens of separate spreadsheets, emails, scraps of paper and random receipts? If so, we know your pain – it can be a massive hassle to try to keep up with the seemingly never-ending facts and figures...
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