February 2010

23 February, 2010
by Carl in:

In Search of a Contractor Accountant

Our guide to identifying this sought-after breed

Contractor Accountant

It recently came to the attention of the inniAccounts statisticians that, every month, 4000 people conduct Google searches for online accounting services using the term ‘contractor accountant’. This seems fair enough: you’re a contractor, you need an accountant…typing the two words makes perfect sense, and as a result the internet is full of sites containing ‘contractor accountant directories’ or similar such tools.

But descriptions of what a contractor accountant actually does seem to be thinner on the ground. So what the hell do we do? What can you expect from us? Why choose a contractor accountant over a non-prefixed accountant? Do we have special powers, like superheroes (sadly, in my case, the answer to the final question is no, but I can help with the others)?

12 February, 2010
by Matt in:

Top Ten Low Cost Cars for Contractors and Freelancers

We all know that claiming for your business mileage is a simple and effective way to reduce your tax bill. HMRC's mileage rate is fixed at 40p per mile (for the first 10,000 miles) so, to maximize your savings, it's definitely in your interests to find the most efficient car with the lowest possible running costs. However, it's a big job to work out the true efficiency of your prospective vehicle, especially if you want to consider all bases – including depreciation, road tax, insurance, servicing, fuel efficiency and all other running costs.

Fortunately, not only are Dean and I true petrol heads, we're also pretty handy with excel, so we've selected ten cars, loaded their vital statistics into our spreadsheet and created the ultimate efficiency barometer, calculating the true running costs per mile for each of our chosen cars.

Here’s the result: inniAccounts’ top ten cars for contractor and freelancers:

10 February, 2010
by James in:

Top 25 Essential Websites for Contractors and Freelancers

As I'm sure you'll know, many members of the inniAccounts team are experienced contractors and freelancers. So this week we've put our heads together, put our bookmarks on the table and come up with our list of the top twenty-five contracting sites and resources that make our lives a little bit easier.

1 February, 2010
by James in:

Get inniAccounts free for life - offer extended

Good news if you haven't yet had a chance to sign up to inniAccounts for free – this brilliant offer is still available until the end of April.