Upcoming HMRC changes for the new tax year (2017/18)

Come 6th April, this tax year will close and a new one will begin. HMRC have announced a number of updates for the new tax year that may impact your company. Ensuring you understand the upcoming changes for 2017/18 will help you keep your company as tax efficient as possible in the coming year.

Written by Kaitlyn Gibson on

Changes to the VAT Flat Rate Scheme in 2017

Following the Autumn Statement, the Government have issued their draft legislation detailing the proposed changes to the VAT Flat Rate Scheme (FRS). They’ll come into effect on 1 April 2017 but may impact invoices issued and goods purchased from now onwards. Here you’ll find our initial review of the legislation and the changes it brings for independent professionals.

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Demystifying the Autumn Statement

Autumn Statement

With the statement including announcements covering everything from a National Living Wage rise and employee perk restrictions through to repairs to Wentworth House, many independent professionals may have been left uncertain of the impact on them personally. Here we’ve demystified the chancellor’s speech to show what’s coming for independent professionals. The good news? For the […]


Contractor mortgages: fallacy or reality?

Contractor Mortgages

It’s a common conception, among independent professionals, that getting a mortgage is an arduous process filled with red tape and hoop jumping; especially in the current uncertain times. However, securing a mortgage as a contractor might be less challenging than you think. To find out more about contractor mortgages, we sought the help of some local experts.

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Between contracts: surviving as a contractor

contractor

Finding yourself between contracts can be an intimidating experience. The fear of being stuck between contracts can lead to many a sleepless night and potentially poor professional decisions. We take a look at five top ways to maintain your productivity (and sanity) when you find yourself between contracts.

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Consultants thriving in uncertain times

Consultants thriving in uncertain times

Over the course of our ‘thriving in uncertain times’ series, we’ve speculated that the EU referendum could bring new opportunities and developments. In times of uncertainty, many larger businesses turn to independent professionals over full time employees. This appears to be the case for UK consultants following the EU referendum, who are now seeing a boost in the consultancy market.

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A presentation fit for the Queen

Queen's Award

After a royal reception in July, on the 17th of August inniAccounts were officially presented with the Queen’s Award for Enterprise Innovation. Take a peek at our ceremony and find out who visited us in our Derby headquarters. 

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How to build your contractor war chest

Building your war chest

As an independent professional, at some point or another, you will likely find yourself between contracts. To manage these occasional slow downs as well as any necessary large scale purchases, holiday time and sickness – you need to build and strengthen your war chest.

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The ongoing role of independent professionals

The ongoing role of independent professionals

James Poyser, co founder of inniAccounts and former digital marketing consultant, expresses his opinion on the role of contractors and consultants in the marketplace, the impact of Brexit and how positive uncertainty can be a good thing for independent professionals.


Is now a good time to start contracting?

Is now a good time to start contracting

Contracting can be a fulfilling career change; offering more flexibility, reward and with the right attitude more stability and security than a permanent role. As the UK undergoes a period of transition, now might be the perfect time to consider what changes you want to introduce to your lifestyle.

Written by Kaitlyn Gibson on