Time Saving Tip: Schedule Regular Bills

If you’re a Plus or Premium client then inniAccounts can automatically keep track of repeating payments – for example phone or broadband bills, loan repayments, insurance premiums, bank interest or even oboe lessons (assuming you’re a professional oboist). You’ll get a reminder on your homepage when the bill is due and you’ll also find the accuracy of the ‘available cash’ report improves as inniAccounts is better able to forecast upcoming payments. You’ll find the feature by clicking on ‘Money Manager’ on your company’s admin page.

2010/11 Tax Year: Headlines for Contractors

2010/11 Tax Dilbert

We’re rapidly approach 5th April and the start of the 2010/11 tax year.  Last week Alistair Darling announced his predictably benign budget and confirmed what’s ahead for the upcoming tax year.  Here’s our review of the 2010/11 tax announcements for contractors and freelancers.

Top 15 iPhone Apps for Contractors and Freelancers

Now that the iPhone is available on all mobile networks it seems to be taking over the communications world – day by day it grows more ubiquitous, especially amongst business people. As you’d expect with an Apple device, the iPhone looks great and makes you feel flash just by pulling it out of your pocket, but it’s not just a pretty face: more and more applications are being created for busy professionals, aimed at doing everything from keeping track of your calendar to finding your client’s new offices. So here’s our review of some of the best iPhone apps on the market.

March inniAccounts Software Updates

We’ve been busy over the last few weeks working on several new features for inniAccounts.  I’ll be the first to admit they’re not terribly exciting, however they’re pretty essential updates for contractors and freelancers who prefer to be as ‘hands-on’ as possible with their accounts.

Here’s a quick run down of the new features:

HMRC Finds A Coding Glitch

You may have heard that HMRC have recently implemented a new PAYE computer system – good news in the long term, but during the changeover process HMRC identified one or two technical discrepancies which have resulted in some incorrect tax coding notices being issued.

While somebody somewhere in the depths of HMRC is no doubt busily fixing this glitch, official guidance has been on how contractors might be affected – here it is in a nutshell:

Good News for Student Debtors

It’s not often you have cause to mention the words ‘student loan debts’ and ‘good news’ in the same breath, but in this case it might just be appropriate. HMRC have announced a new initiative to cut out student loan over-repayments, which frequently occur if you repay your loan off via PAYE deductions (pretty much everybody, then).