As a society, our values are continually shifting. With changes in the economic climate, technology having a growing impact on our lives and an increasing focus on maintaining a healthy work/life balance – more and more people are looking to alternative careers, away from the frenetic pace of big business, to provide more flexible, meaningful and fulfilling work. Professional coaching fits the bill and is becoming one of the fastest growing business models in the world today.
HMRC issues tax codes each year to reflect the personal tax-free allowance most people are entitled to. The new tax code for most people in 2018/19 is 1185L.
The final months of a tax year can provide some great opportunities for maximising your company’s tax efficiency. As we’re speeding towards the end of this tax year, we thought we’d share our five top actions to help you make the most of the current tax year and prepare you for the next.
Philip Hammond’s delivery of the government’s first Spring Statement proved to be a short, snappy affair today. While there were no major tax and spending changes, we did get an insight into what the government will be focusing on over the next six months and a few signals of what’s likely to come in Autumn. Thankfully, there were no surprises in store for contractors and consultants.
It’s National Apprenticeship Week and the theme this year is ‘Apprenticeships Work’. This aims to showcase how apprenticeships are working for individuals, employers, the community and the wider economy as a whole. To celebrate, we’ve taken a quick look at how apprenticeships are working for us here at inniAccounts.
Both in and outside of work, you’ll find our team having fun and getting involved with the local community. Every year we take part in the Derby 10K run. The event is hosted by Sporting Futures. They’re a unique charitable organisation that successfully works in Derbyshire. This year we’ve set up a Just Giving page in the hopes of raising some much-deserved funds for Sporting Futures. If you’d like to contribute to our collection, we’d be hugely appreciative.
On average, contractors, consultants and other independent professionals spend over 110 hours per year on their accounts. That’s a lot of time to spend on fiddly administration when you could be working on contracts, finding new clients or simply enjoying the time instead. Thankfully, with the right tools at your disposal, managing your accounts has never been simpler.
A growing proportion of us – contractors and freelancers are contracting as part of grand plan. So the big question today is what’s your grand plan? As contractors and freelancers, we’re an innovative bunch – always looking to find new contracts and emerging niches within our specialisms to move into.
We’re absolutely thrilled to receive the award for 2017 Practice Excellence Pioneers at the AccountingWEB Practice Excellence Awards. The awards are the most prestigious in the accounting industry calendar and we’ve been recognised for our unique approach to combining customer service and online innovation, to help change the future direction of the accountancy industry.
We’re excited to announce that today sees the launch of our in-app receipt capture. With this new feature, you’ll be able to store and capture electronic copies of your receipts within the inniAccounts software.