A great reputation inspires trust and helps you stand out from the crowd; it’s your best advocator and most silver-tongued salesman. It’s a product of years of hard graft, but once secured a stellar reputation makes it considerably easier to attract and maintain a profitable client base.
As a busy self-employed contractor, we know that the easier managing your accounts is, the sooner you get back to doing what you do best. From mobile apps to live financial forecasts and minimising your admin – here’s how you can use inniAccounts to automate your limited company’s finances.
It’s easy to spot a lousy accountant, inevitably they will be losing you time and money when they should be there to make managing your finances a breeze. We’ve taken a look at some of the tell-tale signs that show it’s time for you to make the switch.
Flexibility isn’t just a perk of the job, it’s a requirement for the professional contractor looking to maintain their competitive edge. We’ve worked to ensure every aspect of our service supports our clients need for flexibility. So, whether your contracts are always inside IR35, always outside or a bit of both – here’s how you can easily manage them with inni.
‘Plenty of students and graduates might now be wondering over the direction their career will go. Some will have work experience lined up, others might be taking time out and seeing the world. But I bet you one thing: all of them will be thinking ‘what next?’.’ Our director of client services, Rowena Barnwell FCCA, shares her advice for students or newly qualified accountants looking to manage their careers.
As a contractor, it’s important that you’re continually assessing the options to find what best suits you. If you find yourself working inside IR35 for example, you might be wondering which structure option would make the most financial sense for you. Here’s why operating through your own limited company remains the best option, regardless of your IR35 status.
IR35 is a complicated piece of legislation, and there’s a lot of misinformation and scaremongering out there about it. But it’s important to have an awareness and understanding of it to ensure that you are paying the correct amount of tax and National Insurance. Matt Poyser, our Director of Customer Experience and experienced contractor, takes a look at the main points you need to know to get IR35 right.
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.