The great accounting spring clean As a seasoned contractor you’re probably well-practiced in the usual tax efficiencies around salary and dividend splits and company expenses but here’s a quick round up of the top 5 more unusual tips for saving tax. 1. Tax breaks for green cars If you have a company car, the tax […]
This morning, all secure systems for inniAccounts have been investigated and we’re pleased to report that none of our servers are impacted by this vulnerability. This vulnerability is serious: it allows hackers to gain personal information, including passwords, from users who are connecting to secure websites. So far a number of high profile websites (ironically, including the […]
You can access your file store by clicking on the new ‘files’ icon on the top navigation bar. Here you’ll be presented with a list of files that your account manager and accountant have shared with you. You’re then just a click away from downloading the file, or sending it to Google Docs or even […]
What is Bitcoin? Bitcoin is a decentralised, electronic currency. This means it’s not controlled by a central bank, and it doesn’t exist as a physical currency. Despite these subtle differences, it acts in a manner similar to a regular currency: you can exchange your money for Bitcoins, and vice versa, in much the same way […]
Personal tax The 2014 budget brings good news to most individuals: tax thresholds are increasing, child care relief is more generous than expected and there’s more flexibility for your savings and pension pot. From 6th April 2014 the amount you can earn without paying tax has increased £560 to £10,000. The point at which you […]
The benefit of this £2,000 allowance is limited for low-salary employees If you’re currently paying yourself a low salary combined with dividend payments, you may not benefit fully from this £2,000 allowance. This is because it’s unlikely that you’re currently paying a large amount of National Insurance, and increasing your salary to take advantage of […]
Online contractor accountancy has moved beyond tech contractor first adopters and moved firmly into the mainstream. inniAccounts’ sales and marketing director James Poyser explains why contractors from all sectors are switching from their existing provider and choosing an online cloud-based service, rather than ‘traditional’, accountant. Read the full Contractor Calculator’s article here.
Just a quick reminder that the inniAccounts office will be closed from 13:00 today (24th December), and we’ll be re-opening again at 9:00 on 2nd January. If you contact us in the mean time we’ll respond in the New Year.