Being a contractor has the benefit of not being restricted to traditional office hours. Use your flexible working hours and locations to your advantage this April and spend some time watching your favourite sports.
One of the biggest factors contributing to stress levels is a lack of sleep. With all the modern-day distractions of phones, tablets, TV, Netflix, and the need to respond immediately to e-mails coming in from work at all hours, it is easy to see how falling asleep might be difficult for contractors.
Question: “I have just finished studying for master’s degree and have now started contracting to maximise my pay, but I am not sure how I go about paying off my student loan as a contractor. Can you advise as I would like to set up a limited company but don’t know how this would affect my take home pay?”
Going digital could now happen a lot sooner than anticipated. In a bid to modernise the current Personal Tax Return system, HM Revenue & Customs (HMRC) have announced that the progression to move this process entirely online will be introduced by April 2016. Millions of taxpayers will have the option to open their own digital tax account and complete their…
As contractor accountants, we receive many frequently asked questions about VAT registration for limited companies. We help our accountancy clients register their limited companies for VAT, and we’re happy to advise on the VAT registration threshold, what VAT taxable turnover is, and how to register for VAT.