During the early hours of Saturday 2nd October inniAccounts will be off-line for essential maintenance. We expect this work to be completed by 8am at the latest. During this time you won’t be able to access the inniAccounts website, our online accounting service or our help centre.
We apologise for any inconvenience this may cause and thank you for your understanding.
As all contractors are aware, claiming expenses is a great way of reducing your annual tax bill, and when it comes to familiar items like business mileage, office supplies and client lunches the rules are pretty black and white: there’s no limit to the amount of genuine business expenses you can claim every month providing you’re familiar with HMRC’s guidelines.
The hot topic on many contractor forums this month has been the news that, from 31st June, ClearSky Accounting has almost doubled its monthly subscription fee from £66 to £120. This hefty price hike applies not only to new customers but also to the current customer base (all of whom recently received a polite letter giving them the good news) and here in the inni office we’ve already switched a number of disgruntled ClearSky customers over to our online accounting service.
On Tuesday Chancellor George Osborne announced his emergency budget, which on the whole brings positive news for contractors and freelancers. Here’s our brief summary of the pertinent points:
If, like us, you like to keep a watchful eye on the machinations of HMRC you’ll probably know that for the past few years they have been implementing an ambitious electronic filing system – in other words, a lot of the form filling you do for the tax man now needs to be completed online.
Traditionally, reporting is regarded as neither the most glamorous nor the most fascinating aspect of running a business, but it’s pretty important when it comes to keeping track of your financial information. At inniAccounts we don’t like to think of it as a necessary evil so we’ve launched a mini-crusade to make reporting sexy – or if not sexy, at least interesting, informative and easy to access – by creating our brand new Report Centre, which is now available to all Premium and Plus customers.
In our third post exploring inniAccounts’ new features we’re taking a look at inniAccounts Mobile: our brand new service for iPhone and Android users.
After the unbearable expectations set by our last blog post, we’re really quite excited to be able to give your a run down of the first of our brand new features today. So, without further ado, please allow us to introduce…(fanfare of trumpets)… LiveCash!
Over the past few months the hard working members of the inniAccounts development team have been beavering away to bring you three brand new features, all designed to make it even easier to stay on top of your finances. After all the hard work we’re really quite excited to be able to launch all three features today.
Today the Conservative party have signaled their intention to review IR35 as part of an overall review of small business taxation – should they be elected, that is.