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Tax Relief on Electric Vehicles

Sustainability remains a key issue for governments around the world, and the UK is committed to reducing greenhouse gas emissions and reach net zero emissions by 2050. One of the many measures used to accomplish this will be the increase in electric vehicles on the road. This will help the nation achieve its climate ch...

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Your Guide to Self-Assessment Tax Returns

Your self-assessment tax return is one of the most important things to take into account when you become self-employed. It's critical that the return is filled out correctly and submitted on time, as there are penalties otherwise, so you’ll want to get it right the first time around.As contractor accountants with years...

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Realities of Freelancing – The Ups and the Downs!

Many people dream of becoming a freelancer and many succeed. But the path to success can be challenging at times, so it’s important that you know whether freelancing is right for you before taking the leap. Of course, there are countless benefits to making the change to self-employment, which is why this is an increasi...

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What is a Personal Service Company?

Limited companies are a popular operating structure in the UK – Personal Service Companies, or PSCs, are a type of limited company that is set up to offer the services of one contractor. This contractor is also the only shareholder in the company, as well as its only director.If you’re taking the leap into self-employm...

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How Are The Self-Employed Affected By Winter Economy Plan?

Chancellor Rishi Sunak today unveiled the government’s plan to protect jobs and support businesses over the coming months, with the updates for the self-employed also featuring.Whilst there is still some confusion surrounding just how it will affect the self-employed in the long term, several points were raised relatin...

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Why You Should Become a Locum Doctor

Working as a locum is an alternative to having a permanent position at a general practice or hospital. Whether you’re interested in locum work on a part-time basis to supplement your income or you want to become a full-time locum doctor, we can help.According to NHS Digital, in March 2020 there were 1,192 locum GPs in ...

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Everything You Need to Know About Contractor Dividends

Dividends are a key part of limited companies, so it’s important that contractors are aware of what they are, how dividends work and how much tax they have to pay on them. As contractor accountants, we work with many limited company owners and have helped them learn more about dividends.For instance, did you know that ...

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Our Employer Guide to Taxes

As a self-employed individual, you’re already used to handling your taxes. This means understanding the types of National Insurance contributions you have to pay.However, as a director, you’re likely to also be an employee of your limited company, and you may also employ staff, which means you have certain tax implicat...

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