Our Blog
Changes to childcare vouchers – what it means for contractors
The date is set. From 6th April 2018, the childcare voucher scheme will close to new applicants. Those already in the scheme can continue to use it. This week’s article delves into the change and discusses what it means [...]
Being efficient with your tax
Contractors are known for being hard workers. Thus, you will want to make sure that you don’t have to pay more tax than you legitimately have to. By engaging the services of an experienced contractor accountant who can help you [...]
IR35 Advice for Contractors
If you are already a contractor or are planning on becoming one soon, as well as understanding the UK tax system, you must also acquaint yourself with IR35, or the ‘Intermediaries’ Legislation’, or ‘off-payroll working’ as it is sometimes referred [...]
Recent tax changes for IT Contractors
The IT contracting sector is booming at the moment, particularly in the area of Cybersecurity and GDPR. If you are looking to enter into the IT contractor market for the first time or are looking to re-enter it following a [...]
Salaries and Dividends – how to make the most out of your limited company
Salaries and dividends - how to make the most out of your limited companyWorking as a contractor opens up new avenues and offers you the chance to increase your skillset. By choosing to work through your own limited company you [...]
5 Mistakes People Make When Doing Their Own VAT Return
Completing your VAT Return can be a stressful task if you leave it to the last minute, or don’t keep proper records of your income and expenses. Here at SG Accounting, we have seen many VAT Returns, and here are [...]
Demystifying Corporation Tax
As a contractor working through your own limited company, you are required to pay a range of taxes. This article is designed to help reduce the confusion that can surround Corporation Tax. We explain who has to pay it, how [...]
Contracting in Cybersecurity
ContractorUK lists cybersecurity contractors as one of the most sought-after IT specialists. This statement is backed-up by a report that was released in December 2017 by The Recruitment & Employment Confederation (REC). The report states that the demand for [...]
Use This Trick to Fund Your Staff Party This Year
As the nights grow cold and dark, thoughts naturally turn to celebrating the end of another year. With hard work (and a little luck), you will have plenty to be proud of and find your business in an even [...]
5 Common Mistakes Found on Self Assessment Tax Returns
Tax return time is a stressful period for most of us. Have I got all the records I need? What if I forget to include something vital? Most crucially of all, have I put enough money away to pay my bill? These [...]
The History of IR35
If you’re a contractor or thinking about becoming one you’ve more than likely come across the term IR35. This piece of legislation has evolved somewhat over the past decade and it is crucial to understand how it impacts or potentially [...]
4 Things Not to Say to Your Accountant
When hiring an accountant, there are standard questions to ask. How much are fees, can they manage your tax preparations and filings, is your data safe, and what is expected from you in return (i.e. do you need to fill [...]
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 [...]
Detailed Autumn Budget Report 2017
This Report, which was written immediately after the Chancellor of the Exchequer delivered his Budget Speech, is intended to provide an overview of the latest announcements and recent measures most likely to affect you or your business. The 2017 Autumn [...]
Autumn Budget 2017
Philip Hammond delivered his Budget today after much speculation. All in all it was a pretty underwhelming budget speech and “red book”. All those rumours of immediate roll out of the public sector IR35 reforms to the private sector, reduction [...]
We’ll contact you shortly to discuss your enquiry and answer any questions. If we’re unable to reach you by phone, we’ll email you to arrange a chat.
New enquiries:
newbusiness@sg-accounting.co.uk
01962 896968
Existing clients:
enquiries@sg-accounting.co.uk
01962 867550