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Accounting for Social Media Influencers FAQs

The rise of social media has allowed many people to start earning considerable income online through popular platforms such as YouTube, Facebook, Twitter and Instagram.In fact, many people have made, and continue to make, large amounts of recurring revenue from their social media accounts. This is great for those parti...

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Limited Company Accounts - Best Mileage Tracker

Although your limited company accountant can help fill out and submit many of your financial reports, you still need to keep detailed records of business mileage you are claiming against.This is obviously something only you can keep track of as it’s your own business miles to record and can help to keep costs down when...

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Online accountants for contractors – Is this for you?

If you think back to how your life used to be before the days of mobile phones and smartphones, you may realise how advanced life is now.The number of people that visit the local branch of their bank is also getting smaller by the day as we can now perform 99% of our banking through our phones, laptops or tablets. New ...

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Why Don’t Contractors Usually Operate as Sole Traders?

Contracting is a fantastic way to run your own business, to get the most from your income, and in a lot of cases, enjoy the flexibility and independence that contracting brings.Sole trader contracting is rarely an option even though it might seem the quickest and easiest way to set up your new business and to start out...

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Accountants For IT Contractors and Software Developers

Our accountants at Gorilla Accounting know that in the UK industry, IT developers and software development are here to stay.In a sector growing ever larger and with so many companies of all varieties and sizes in each stage of their corporate lives, it is inevitable that every IT contractor / developer and software dev...

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Umbrella Company in the UK - What you need to know

An Umbrella Company is effectively a business acting for short-term contract workers as an employer for payroll, and in some cases, long-term contract workers.The term Umbrella Company is used in the UK because of the way that this business generally acts as an employer on behalf of several or more contract workers. Th...

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