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Your contractor accounting glossary of terms

2020-04-30T14:44:13+01:00By |

Do you know your RTI from your PAYE? Contractor accounting can seem full of jargon and acronyms – so here’s a quick overview with our contractor accounting glossary of terms. Annual Financial Accounts Annual Financial Accounts often referred to as Company Accounts or Annual Accounts. They include  an income statement, a balance sheet and a [...]

Top things to consider when choosing a contractor accountant

2020-04-20T15:10:22+01:00By |

If you’ve chosen to become a contractor, firstly, congratulations as you’re joining a growing club of skilled specialists. If you’re on the fence and aren’t 100% sure if contracting is right for you, download our free guide to contracting and see what it involves. Contracting opens up opportunities for you to work on different projects [...]

Grants and loans available to contractors

2020-04-21T15:28:09+01:00By |

Small businesses including contractors and freelancers have become a driving force in the UK. The latest figures by IPSE – the Association of Independent Professional and the Self Employed, puts the number of self-employed at 4.8 million, who contributed £275 billion to the UK economy in 2018. If you’re desperate to leave your job to [...]

Freelancing from a coworking space – could it work for you?

2020-04-20T15:16:28+01:00By |

The world of work is changing, and more and more people are choosing to become self-employed freelancers and contractors. IPSE (Association of Independent Professionals and Self-Employed) states that the number of self-employed in the UK now equates to 4.8 million, with 42% (approximately 2 million) working as freelancers. In 2016, freelancers contributed a staggering £119 [...]

Contracting abroad: Why professional advice is a must

2020-04-22T14:21:13+01:00By |

If you’re offered the opportunity to contract abroad, it may be tempting to grab your passport and rush off to the airport. Not many people would blame you for doing this, as depending on the country you’re contracting in, you could have year-long sun, a chance to learn another language and expose yourself to new [...]