While ensuring your records are in tip-top shape and adequately provisioning for the end of the tax-year is integral to managing your limited company; many consultants miss out on some of the available opportunities to make their companies more tax efficient. Our Senior Accountant, Chris, examines four advanced tax-saving options that you might not be aware of.
Whether you’re embarking on the contract hunt for the very first time, or you’re a seasoned contractor looking to secure your next gig, there are plenty of opportunities available to not only help you find and win your next contract but also to reduce any unpaid gaps and gain higher rates. Take a look at our 6 top tips to help you successfully find and win well-suited contracts time and time again.
For the directors of limited companies, the yearly Self-Assessment Tax Return can be a minefield, fraught with confusing terms and routinely put off to the last minute. HMRC are becoming increasingly vigilant of mistakes, and if they have reason to believe there are any intentional errors, it can be costly. To help you avoid the common pitfalls, take a look at these five mistakes that are frequently made whilst completing tax returns.
A decent nest egg is a valuable asset to ensuring your success as a contractor. To manage any occasional business lulls, keep yourself cushioned against unexpected difficulties and benefit if you later stop contracting, retire or chose to pursue a new business venture – you need to ensure you have viable savings. Take a look at our beginner’s guide to kick-start your savings now.
Around this time of year, many contractors and freelancers will see a slow down in their incoming work. With all that new free time it’s easy for self-doubt to creep in. However, a summer lull is a perfect time to work on refocusing your company. Here’s how you can continue to thrive during your summer downtime.
Our Operations Coordinator, Laura, evaluates how we’re using Net Promotor Scores to review our performance, reach out to our clients and drive our development roadmap.
For the most part, being a contractor or freelancer affords greater flexibility in your work patterns. Yet a vast majority of contractors are guilty of not taking a break or even worse of feeling guilty when they do. Our Senior Accountant Chris takes a look at how formulating a strategy for your holidays can ensure your business continues to thrive while you enjoy a guilt-free vacation.
Enjoying the fantastic summer weather? Ready for a break and a celebration? Many Limited Company owners are unaware that HMRC allows you to reward your employees (and their partners) with annual events; such as a summer party. So, why not throw some sausages on the BBQ, host a picnic, get the sound system blaring by a pool and claim the costs.
One of the major benefits of working as a contractor or freelancer, is the additional flexibility it offers. As technology continues to evolve, more and more professionals are moving away from traditional on-site commitments to working remotely – allowing you to connect you with clients all over the world, or even to move your base abroad.
Dreaming of a summer break in Russia watching the World Cup Final? A cycling trip around Tuscany? Or just fantasising about having more time to do the things you love with the people that matter? Maybe it’s time to shape your career around you and your life, rather than the corporate ladder.