Our Blog
Pensions for contractors with limited companies
Retirement may be something you are longing for or something that you dread. Whichever one you are, the earlier you start planning for it the better. The age at which we can receive a state pension is rising (66 [...]
How do Directors Loans work?
As the director of a limited company one of the fundamental things to remember is that the money held within the company does not belong to you. Technically it belongs to the company. However, there may be times when you [...]
The Budget 2018: here’s what you need to know
The Chancellor, Philip Hammond stood up at 3.30 pm on Monday 29th October to make his third budget speech and more importantly his last one before the UK leaves the EU. We’ve worked our way through his lengthy list of [...]
Autumn Budget Report 2018
Chancellor Philip Hammond presented this year’s Autumn Budget earlier than usual, due in part to the crucial final stages of the government’s Brexit talks with the EU. In our budget blog we provide an overview of the key announcements featuring in [...]
Budgeting Tips for Contractors
For many, the draw of contracting is being able to choose who you work for, where you work and the rate you want to charge. The flexibility that contracting offers, does have a downside – getting a contract is never [...]
Limited Company Checklist
We know how hard you work for your money. In fact, many contractors work in excess of 40 hours a week. So, it is only natural that you want to take the majority of this hard-earned money home. For [...]
Do I need an accountant as a contractor working through my limited company?
As an independent contractor working through your own limited company, your days are mostly spent working on your client’s projects. The last thing you want to do after a busy day is to sit down and look over your accounts [...]
Six month survival guide for first time contractors
Becoming a self-employed contractor is a huge step in your career. You are moving away from the perceived security of employment to the unpredictable world of contracting. However, the majority of contractors will tell you that the benefits of contracting [...]
Latest legislation affecting contractors
Contracting can be one of the most rewarding ways to work – it gives you greater flexibility over who you work for and when you work. It can also provide the opportunity to work on some truly awesome projects. Yet, [...]
5 reasons to love being an IT contractor
Being a permanent employee means a stable income, a sturdy career path and job security. Right? Well not always. The uncertain economic environment means companies are less keen on hiring permanent IT staff. Instead, they favour the flexibility that hiring [...]
Best pension plans for contractors
The flexibility of being your own boss comes with a lot of benefits, but there are also some downsides to consider as well. One of which is, you do not receive a company pension. As specialist contractor accountants, we strongly [...]
The 10 best paying jobs for contractors
We’ve always believed that working as a contractor is one of the best ways to work. As well as the freedom of choosing when you work, you also have control over who you work for. A report by Bullhorn backs [...]
How to write the perfect invoice
If you decide to work as an independent contractor, one of the tasks you will need to familiarise yourself with is the preparation and issuing of invoices for the services you have provided. Ensuring the invoice contains all the necessary [...]
What insurance does my limited company need?
You may not think that running a limited company is risky, and the majority of time it’s not. Yet, it’s important that you try and plan as much as possible for scenarios that could affect your business and your income. [...]
Flat Rate Scheme: What to do if you are on the wrong trade sector
The VAT Flat Rate Scheme was introduced to simplify the process of calculating VAT returns. The premise of the scheme is that you pay a fixed rate of VAT based on which trade sector your business falls into. However, choosing [...]
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