It has been a busy 2017 for the Contracting Community. First came the snap election, then came the IR35 reform in the public sector, then the Autumn Budget 2017, and consequently the IR35 consultation which will consider whether the reform should be rolled into the private sector.
It’s a long list. In anticipation of 2018, we look back at the most viewed blog posts of 2017 which feature public reaction to the IR35 reform, top tax saving tips, and a profile on Gorilla Accounting’s latest line of recruits.
Government responds to calls to scrap IR35 changes
Prior to IR35 changes coming into play in April 2017, an online petition received over 25,000 signatures urging to cancel the measure. Despite the uproar from IPSE, the Independent Professionals and Self-Employed Association, and a number of Contractors and Freelancers opposing the measure, the reform was enforced.
Spring Budget 2017 – What Contractors need to know
We rounded up the fiscal announcement which introduced the dividend allowance cut. As of April 2018, the tax-free dividend allowance has been reduced from £5000 to £2000. Amongst the measures, the VAT threshold was increased to £85,000 and an increase in Class 4 NIC was announced, which was later scrapped.
Gearing up for Charity – 3 days, 318 km, £10,000
Members of the Gorilla Accounting team headed on a 3 day, 318km cycling challenge which started and ended in Kirkby Lonsdale to raise funds for Bolton Lads and Girls Club and Wigan Youth Zone. The total raised came to £10,481 (including gift aid), and 50% of the funds were donated to each of the OnSide Youth Zone Charities.
Meet our New Recruits – from Judo Artist to Prosecco Queen, Part 2
Following a successful recruitment campaign, we took on board a Marketing Executive to expand our existing, in-house marketing team. Danielle Bynoe is a Judo Artist, often found on horseback or on the Judo mat.
Why Every Contractor Needs a War Chest
A War Chest is an essential tool for Contractors or Freelancers as it allows them to fall back on a pot of emergency money if they were to experience a gap in employment or unplanned leave. It functions as a reserve fund for times when money may be low, helping you sustain your standard of living.
Catch up with the Gorilla Accounting blog to read up on the above blog posts which have been ranked the most read for 2017.
Gorilla Accounting is a specialist accountancy firm exclusively for Contractors and Freelancers operating through a Limited Company or Umbrella Solution. If you would like more information, get in touch with our New Business Team by calling 0330 024 0406 or email info@gorillaaccounting.com.
