Overall I think there’s a lot to be positive about as a business owner, from more opportunity to bid for government contracts to strengthening the prompt payment code but, as a number of our clients have pointed out, there are gaps. During the election campaign I took the time to read all the manifestos, and […]
Traditionally, the year-end is the time when companies look to adjust their prices and your contractor or consultancy business should be no different. Realigning your rates with your experience, value and the market is crucial to ensure you don’t over or undervalue the service you provide to your clients; but it can strike unease into […]
With nearly half of owner-managed businesses experiencing cash-flow problems as a result of late payments, the research poses a stark warning to all contractors and consultants; keep a close eye on payment from your clients. Is late payment just a part of being a small business? Over 50% of owner-managed businesses seem to think so. […]
The requirements for Visa reference letters have become more complex over the years following the introduction and subsequent future removal of the Tier 1 (General) visa category due in 2015. There are stricter criteria and proof of income required by the UK Border Agency (UKBA) for other categories such as the Entrepreneur category. The change […]
It’s not all about the game results: the facts and trivia surrounding this year’s championships are grabbing headlines and filling the record books. So what are some of the success factors and challenges for the finalists of this year’s biggest sports event? A challenge over thousands of miles During the World Cup this summer, you’ll […]
Football has historically been a big theme for Brazil, deeply embedded in their national culture. Since the last time the country hosted the tournament in 1950, Brazil has won the trophy 5 times, winning its well-deserved reputation of the worlds’ most successful football team. However, the bitter experience from the 1950 final when Brazil lost […]
Our recently launched automated payroll feature takes care of the heavy RTI lifting: it automatically issues our clients’ payslips each month, and sends a copy directly to HMRC, electronically. This means our clients can relax – every month our app will create their payslips, repay any expenses, make the correct tax and National Insurance deductions […]
If you’re a contractor you really need to ensure you’re up to date with IR35 and any impact it might have on you. Fortunately we’ve made it easy: we’ve just put the finishing touches to our no-nonesense guide to IR35. You’ll find it here.
You may have received a letter from HMRC introducing RTI. RTI means that from April 2013 we must tell HMRC about your income tax and National Insurance deductions each time you create a payslip, rather than waiting until the end of the year. This information will be sent to HMRC electronically, directly from the inniAccounts […]
The hot topic on many contractor forums this month has been the news that, from 31st June, ClearSky Accounting has almost doubled its monthly subscription fee from £66 to £120. This hefty price hike applies not only to new customers but also to the current customer base (all of whom recently received a polite letter giving them the good news) and here in the inni office we’ve already switched a number of disgruntled ClearSky customers over to our online accounting service.