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Showing 97 - 104 of 174 articles

  • How Does A Tax Investigation Work?

    If you ever have the misfortune to see an envelope stamped with the HMRC logo drift through your letter box, a slight sense of panic is understandable. Tax investigations are rare, but when they’re launched, serious consequences can result if you wilfully ignore or disregard them.

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  • Why Partner With Bright Ideas Accountancy?

    Managing a freelance career can be hard, a veritable blitzkrieg of tax assessments, tenuous expense claims and the merry-go-round of invoice chasing from one client to the next. You know that you’re good at what you do – it’s the reason why you’ve made the jump to independence – but accounting and bookkeeping don’t come naturally to everyone.

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  • What Is IR35? How Does It Work?

    Contractors are generally a savvy bunch, applying their skills to a project for several months and enjoying the perks of being a mercenary for hire. It’s comforting to know that as soon as one job finishes, another totally different client may be waiting in the wings to pick you up.

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  • Thinking Of Switching Accountant?

    The woes of accounting are enough to keep any self-employed professional up at night, wondering if their accountant is doing enough to help. When you leave something so important in another person’s hands, it can be hard to question their suitability to your business after that initial deal has been struck. They’re qualified ‘experts’ who know what they’re doing, right?

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  • How To Secure A Mortgage As A Self-Employed Professional

    Building a life for yourself includes a couple of definitive milestones, making the leap to a secure and happy future that’ll leave your children and grandchildren with a legacy. As a freelancer or contractor, you’ve got an idea of the extra push it’ll take to get what matters – all of it is down to you, and how you sell and manage yourself.

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  • 4 Things Every Contractor And Freelancer Should Outsource

    Independence is a wonderful thing. Being able to stand on your own two feet as a freelancer or contractor is no mean feat, and should be praised to high heaven. Saying that, it’s a lot of pressure to take on – managing other aspects of business while delivering services to clients can put a strain on your time and patience.

    Outsourcing some of the load could be just what you need for a happier work schedule, so let’s examine the top four tasks every contractor and freelancer should hand over to someone else.

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  • Bright Ideas Accountancy Is Up For An Award!

    You’d think, with all the time we spend crunching numbers, that it’s not often we get a chance to mingle with others in our industry, never mind get recognised for the work we do. It’s, therefore, a pleasure to announce that we’ve been shortlisted for New Firm of the Year at the Practice Excellence Awards 2016!

    Sponsored by FreeAgent, our go-to accounting software, the award honours companies that have been trading for 1-3 years, encompassing client care, business methodology, and an overall entrepreneurial vision. Since these factors are at the heart of what we do, it’s incredibly satisfying to gain such prestigious recognition in the industry.

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  • Umbrella vs. Limited: The Great Debate

    Self-employment gives you the freedom to control your workflow, but it also brings decisions about how to operate in the business world. If you’re a freelancer or contractor, you’re probably wondering whether you should form a limited company, or assume umbrella status instead.

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