A selection of business news and articles to help make your business a success
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 special reasons. We know that self-employed professionals are committed...
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 managing your payroll, tax returns and business expenses. Contractors and...
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 have a firm hand on your bookkeeping. If things have gotten a bit...
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 director-only company, this may seem like an unnecessary burden but fail to keep...
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 business grows and bookkeeping piles up. Unfortunately, spreadsheets...
Contracting and freelancing gives you the power to set your own work hours and rates, to leverage your skills to their full potential. However, keeping track of your finances can be a headache for a one-man or woman band. Unless your accounts are in order, your...
Before taking the plunge into contracting you’ll need to dot some i’s and cross a few t’s, picking your legal structure is one of the key jobs that you’ll need to take care of. Everything from your profitability to your potential paperwork will depend upon what method...
If you own and operate a small to medium sized business, you are undoubtedly used to doing the jobs of many different skilled employees. On any given day you might play the role of an IT professional, a receptionist, a tea brewing expert and an accountant! As skilled...
Several of us have busy schedules and often forget important deadlines. Despite the advancements in technology and the introduction of smartphones and tablets, many of us still seem to miss out on crucial tasks and deadlines. Therefore, it goes to show that no matter...
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