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Everything You Need to Know About VAT

When a self-employed individual is running their own business, they’re involved in every single aspect of it, including VAT obligations. It’s crucial that, because you are a contractor, you are also aware of what VAT is and how it works, since it can impact your business. As contractor accountants, VAT is one of our ma...

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What to Look for When Choosing Contractor Accountants

Once you have decided that the best thing for your career is to become self-employed, it’s time to choose a specialist accountant who understands your needs and who can help you to manage your tax affairs in the most efficient manner.The right accountant can be an incredibly valuable asset, since they will save you tim...

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Gorilla Accounting in the press

Gorilla Accounting often feature in local and national press to give our commentary on areas such as; changes to IR35, tax and changes to the industry. Here are just some of our recent features: RecruiterAnother high-profile TV presenter has won an IR35 case against HM Revenue & Customs.BDaily Entirely NorthWestBolton ...

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When Should Sole Traders Set Up a Limited Company?

Working as a sole trader or owning a limited company are two very different business structures. Both have their advantages and disadvantages, and you should choose the one that better fits your business. However, there comes a time when sole traders should consider changing their operating structure and set up a limit...

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New Video: How the IR35 changes will affect contractors

 https://www.youtube.com/watch?v=UUcXslzpWHc From April 2020, the responsibility for assessing an IR35 status is changing. The responsibility will shift from contractors to the end client (or company).This change applies to contractors who work with medium and large-sized organisations in the private sector.The change ...

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How to Become a Contractor (Everything You Need to Know)

According to the Office for National Statistics, the UK saw a rise in the number of self-employed individuals from 3.3 million in 2001 to 4.8 million in 2017. This figure continues to grow. In fact, between April-June 2019, 4.96 million people were self-employed, 188,000 more than a year earlier.If you’re looking to jo...

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Top Things You Should and Shouldn’t Do as a Freelancer

Freelancing can be a great experience, especially as it allows individuals to be their own bosses and have the rewarding career they always envisioned. However, there are some dos and don’ts that you need to keep in mind, as that can make all the difference.Having worked for so many years as contractor accountants, we ...

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