How FreeAgent Solves RTI Trouble
If you’re a regular reader of this blog, you’ll have already seen our advice for getting your RTI submissions up to scratch. HMRC takes the accuracy of PAYE schemes very seriously; real time...
Insurance And Legal Protection For Your Contracting Business
Becoming a contractor doesn’t mean you’re a lone wolf in business. With the right insurance and legal protection, you can pursue your career with confidence, knowing that you’re protected against...
How to Find New Contracts When Your Current One Ends
Contracting is growing in popularity for professionals looking to become more autonomous. However, to succeed as a contractor, it’s vital to stay on the ball. Having a set workload over a period of...
Do You Have Enough Set Aside To Pay Your Taxes?
Seeing a steady stream of income sprout from your hard work is a beautiful feeling. Freelancers and contractors may feel they can finally rest at ease once they’re able to sustain a living. However...
Why Your Contracting Bookkeeping Needs To Be in The Cloud
Any business worth its salt has data storage high on its agenda. As more and more of our working resources become digitised, there’s the escalated threat of losing everything in a matter of moments....
Why We Only Work with Contractors and Freelancers
Accountancy services are extremely varied, which is why it’s important to find an accountant that meets your needs. Here at Bright Ideas, we only work with contractors and freelancers, for a few...
Stepping Up To The Plate: How Could Your Accountant Improve?
Accountants, by and large, will do whatever it takes to make their services complement your business model. Hiring someone like us gives you an inherent promise: to save you time and hassle when...
What To Do When Your Contractor Bookkeeping Is A Mess
As a contractor, keeping your accounts in order can be a headache, and one that only gets worse the more you ignore it. Organisation is a key ingredient to success in self-employment, so it pays to...
Been Made Redundant and Decided to Go Contracting? What Now?
The job market is so precarious that it’s no wonder self-employment is becoming ever more sought after. Contracting is an attractive proposition for people who want a greater income for their...
RTI Submissions: What You Need to Know
Limited companies are required by law to make RTI (real time information) submissions to HMRC on a regular basis, detailing salaries, PAYE and NI. As a freelancer or contractor running a...
Why a Spreadsheet System is the Worst Way to Manage Your Bookkeeping
We all know that being a dab hand at Microsoft Excel is standard practice for organising your business accounts. It’s accessible and easy to understand, so people tend to keep using it as their...
Contractors and Freelancers: How Should You Pay Yourself?
The freedom of working for yourself is pretty unrivalled when it comes to making a living. Somewhat erratic wages are a natural by-product of working around clients who have their own schedules and...
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