Once you have left permanent employment and made the step in to contracting, there will be lots of questions you will want answering. One of these will be ‘how do I get a mortgage as a contractor?’ Our partners, Contractor Mortgages Made Easy, have put together their...
Which Business Insurance Do I Need As A Contractor?
We know it can be a minefield for contractors when it comes to purchasing the right insurance cover to protect you and your business. The volume of products available to you can make the whole process a little overwhelming, so we’ve set out some of the essential...
3 Crushing Mistakes that Contractors and Freelancers Make
As contractor accountants, we have helped countless clients who are new to contracting ensure that they are on track for a successful financial start.That said, we have also witnessed many new freelancers make common, easy to avoid mistakes. Here is a list of our top...
Is it time to switch accountants?
So, you've been with your current accountant for years, and you've not missed a deadline yet! But is that enough? Does your accountant really work for you? Are you advised on what you could be claiming for or only "what you cannot be claiming for"? Is your accountant...
7 HMRC Tips
We have come up with 7 simple tips to keep you on the right side of HMRC. 1). Ensure Submissions are on time - Whether it be submitting your VAT returns on time each quarter, or ensuring your annual accounts have been filled within the 9 month deadline. Make sure that...
Budget Summary – What does it mean for contractors?
In light of the 2015 budget being announced yesterday, we take a look into what this means exactly for contractors and freelancers. As originally feared, all in all, the budget brings bad news for the majority of contractors. We have picked out some of the points...
Should I move my accounts to the cloud?
Here at BI Accountancy we think that cloud accounting may well be the best invention since "sliced bread". But don't just take our word for it. Like most decisions moving away from what you know can be a difficult choice to make, we have put together a list of some of...
Costly mistakes when starting out contracting
We're looking at some of the mistakes a contractor can make when first starting out.Below we have complied a list of common mistakes which contractors make when first starting out. Almost all of these mistakes can be squashed by appointing a contractor specialist...
Do I need an Accountant?
From a legal point of view there is no obligation to appoint an accountant to look after your tax affairs. You will find lots of free advice available for contractors who have a DIY attitude towards their accounts and tax affairs. However even with the latest...
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