Our Blog
Limited Company key dates throughout the financial year – your responsibilities and what you need to file with Companies House and HMRC
Directors of Limited Companies have legal responsibilities, such as filing / submitting various forms and returns to Companies House and HMRC throughout the financial year. If you’re new to contracting you may be unsure as to what [...]
What is your company yearend and what do you need to know?
If you’re new to owning a Limited Company you’ll need to complete your yearend, but what exactly is it, and why do you need to complete one? In this blog we explore just that, to ensure you’re a pro [...]
The Autumn Statement 2022 Full Report – what it means for Limited Company contractors
Since the reversal of Liz Truss’s tax policy changes last month, new PM Rishi Sunak and Chancellor Jeremy Hunt have promised a new statement, concluding that now is the right time to proceed with a package of tax cuts. [...]
Mini Budget September 2022
The mini budget - what it means for contractorsWell that was a big U-TURN affecting the contracting industry! The (not so) mini-budget delivered by new Chancellor, Kwasi Kwarteng last Friday, had a lot more in it than anyone expected.Repeal of the IR35/off-payroll [...]
Corporation Tax Rate increases in April 2023
Back in the March 2021 Budget it was announced that there would be an increase in Corporation Tax from April 2023, so how much will this ultimately cost you and your business? In this blog we look at what’s [...]
Staff entertainment as a business expense – are you able to claim?
With lockdown and social distancing a thing of everyone’s distant memory, you may be looking forward to getting out and about this summer. So whilst the restrictions on socialising have been lifted, what are the rules in regards to [...]
How to avoid the most common Limited Company contractor pitfalls
For the most part, contracting through your own Limited Company is great. You get to choose when, where and who you work for, along with your day rate. But whilst there’s plenty of perks to contracting, there could also be [...]
SG’s 7 top tips for Limited Company contractors to reduce your income tax bill in 2022
The tax year is now in full swing and whilst you currently might not be considering tax, it’s still a good idea to understand it’s importance, and how making it work in your favour could ultimately mean more money [...]
SG are pleased to announce that our FCSA accreditation has been renewed for another year
Who are the FCSA? The Freelancer and Contractor Services Association (FCSA) is the UK’s leading membership body, that’s dedicated to raising standards, and promoting supply chain compliance for the temporary labour market. Why are they important to contractor service providers? [...]
SG Accounting have been nominated in this year’s Contracting Awards!
We are so pleased and proud to announce that SG Accounting has been nominated in this year’s Contracting Awards! What are the Contracting Awards? Acknowledging the top service providers in the contracting industry, the Contracting Awards celebrate those providers who [...]
The Tax Risks with Borrowing money from your Limited Company
You may find from time to time that you need to borrow money from your Limited Company, but how do you go about it, what are the associated tax risks, and is there anything you need to be aware [...]
A Limited Company contractor’s guide to getting paid your worth and negotiating your day rate
Sadly it’s never been so expensive to live and work in the UK. With a rise in National Insurance, the ever increasing price of energy, fuel, food and other basic commodities, if you’re able to increase your rates in [...]
The Spring Statement 2022 – what it holds for Limited Company contractors
In this blog our MD, Daniel Mepham, shares his thoughts from the March 2022 Spring Statement. A much anticipated Spring Statement was delivered on March 23rd by Chancellor, Rishi Sunak against a backdrop of war in Ukraine, post pandemic [...]
Tax planning for 2022 and beyond
Tax planning for 2022/23 To get the most from a Limited Company, it's worth looking ahead to the coming year and planning accordingly. But what does this mean for contractors, and what do you need to look out for? [...]
A Limited Company Contractor’s year-end tax checklist
Don't miss out, be sure to make the most of your tax-saving opportunities before April 6 2022. The end of the current tax year is almost here, so now is the perfect time to take stock of any unused [...]
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