In the news: To contract, or not to contract?

Some contracts open doors for you to earn more, make valuable professional contacts or improve your skill set and experience. Fixed term contracts are an attractive alternative to unemployment and contract rates might even be higher than the ongoing rate. Being a contractor gives you access to lucrative projects or specific clients not easily reachable otherwise. Through contracting you will also expand your […]

Written by Stela Zlatkova on

In the news: Capital Gains Tax – a timely guide for contractors

What is Capital Gains Tax and when does it apply? Capital Gains Tax (CGT) was first introduced back in 1965 by James Callaghan, the-then chancellor in Harold Wilson’s Labour government. The original aim was to prevent tax avoidance in the form of people switching their income into capital. With the Summer 2015 Budget around the […]

Written by Stela Zlatkova on

The contractor’s guide to the 2015 Summer Budget

The highlights First, let’s focus on the positive take outs for contractors: Corporation tax reduction Corporation tax (the tax on your company’s profits) will fall from 20% to 18% by 2020. Increased personal allowance The personal tax-free allowance will increase from £10,800 to £11,000 in April, ultimately rising to £12,500 by 2020. Increased higher rate […]


In the news: Business And Technology Sectors React To Summer Budget 2015

“As an employer and founder of a tech business that wants to grow, I really welcome the apprenticeship reform. It pains me to see ‘training’ firms punt young people and apprenticeships as cheap labour. We see them as a vital part of our lifeblood, the next generation that will move our businesses on. Investment in the […]

Written by Stela Zlatkova on

In the news: Summer Budget 2015 – James joins the Enterprise Nation’s expert panel

Enterprise Nation is inviting small business owners and entrepreneurs to comment in the budget announcement in real-time today. Meet the panel and see how to join: Mark Pearson, founder, MyVoucherCodes and Fuel Ventures James Poyster, founding partner, inniAccounts Jo Sealy, director and founder, To Market Ade Awokoya, founder, East London Export Club Martin Campbell, managing director, Ormsby Street Dan Martin, head of content, Enterprise […]

Written by Stela Zlatkova on

Tax efficiency with smart childcare

Requirements The company must be invoiced directly by a nursery or childminder and the payment will be free of tax and NICs for you as an employee as long as the following criteria are met. The exemption does not apply if the company reimburses the cost or settles the bill on your behalf. The payment […]

Written by Stela Zlatkova on

Optimise your limited company tax bills with our new book

Strategies for limited company tax optimisation

Our next book in our limited company series is here to show you how to maximise the tax efficiencies your company has to offer. You’ll learn expert hints and tips on paying the right amount of tax and keeping more of your hard earned cash in your pocket. We’ll run through everything from good expense management techniques […]

Written by Stela Zlatkova on

In the news: “Brexit”: An uncertainty that has divided the nation

Europhiles and sceptics paint a controversial picture of Britain outside the European Union. Supporters of EU believe in the stability the union provides for small businesses and its importance for economic growth. Opponents, on the other hand, see prosperity in a nation free of restrictions and “membership burdens”. Both parties however unite around the view […]

Written by Stela Zlatkova on

In the news: How To Build A Business In Eight Chapters

A good business idea is often born out of frustration. Think of inferior products and services that suck up your time and money every day for little or no satisfaction in return. Do your research and you might find you’re not alone. With a sound idea and hard work your business can go far. If James was to write a book on […]

Written by Stela Zlatkova on