How To Improve Your Company’s Tax Liability
Incorporation has several benefits not to mention that its owners enjoy limited liability. However, one very important reason to consider incorporation is positive tax results. Setting up an...
Do You Have Enough Money Set Aside to Pay Your Taxes?
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...
What expenses you can and can’t claim
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...
Contracting 101: Why staying on top of your taxes will help your reputation
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...
Why bookkeeping often goes out the window when you are working on a major project
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...
Top tips for new contractors
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...
Do your accountants have too high a client to staff ratio?
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...
Did you know that a better accountant was possible?
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...
How should you pay yourself?
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...
Automating your bookkeeping processes with FreeAgent
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...
3 ways to fix the cash flow problem for your contracting business
As contractor accountants in Manchester, one of the most common questions that we receive from our clients on a regular basis is: “Help! How can I fix my cash flow problems?” The first thing you...
3 Incredibly Useful Apps for Freelancers and Contractors
One of the best ways that those new to contracting and freelancing (and those who have long been in the game) can save money and stress is to save time. Every valuable minute that you can save...
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