When to Complete Your Tax Returns
Running your own business comes with responsibilities. You may now pay salaries to employees/directors and dividends to shareholders, manage end of year paperwork, and network with potential clients for your next flourishing role. You welcome these tasks as your new [...]
Top 6 Tips for Setting Up a Limited Company
Deciding to create your own limited company is a thrilling experience. You’ve got the skills, ambition, and work ethic. It is something you’ve been itching to do and now you’re ready. But do you know what incorporation entails? We’ve developed [...]
5 Skills You Need to be a Successful IT Contractor
When a person decides to leave a permanent role in exchange for running his/her own IT contracting business, this fact alone shows an initiative and mindset needed to succeed in contracting. But the necessary skills for financial and professional freedom [...]
How to Choose a Contractor Accountant
Making the switch from working for an employer to working for yourself is a rewarding experience. You are gifting yourself with the freedom, power, and gratification of being your own boss. The challenges are exciting, roles are never boring, and [...]
Director’s loans – can you get a loan from your company?
A director can loan money to or receive a loan from a limited company but it is important that the tax implications are understood to avoid any surprise tax bills.Loaning money to a limited companyA director can lend money to [...]
Dealing with distractions
Research suggests that when we are distracted from a piece of work it takes between 10 and 15 minutes to get back to that point of focus afterwards.