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Contracting & Freelancing News

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A Guide to Contract Renewals for the Self-Employed

If you’re a contractor or freelancer, you’ll already know that your client contracts have a fixed start and end date. If your fixed-term contract is coming to an end, there are a couple of things that can happen. First, if your client no longer requires your services, you’ll part ways when the contract ends, and it

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2022 calendar

Accounting Calendar for Contractors and Freelancers

There is so much to think about when running your own business, including important dates to keep track of – and there are a lot of them. When you’re a freelancer or a contractor, you need to be aware of these tax dates and deadlines, so that you don’t run into problems with HMRC, which can

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Cryptocurrency: Tax Implications You Should Be Aware Of

Cryptocurrency is a relatively new and fast-moving sector, which means that tax guidance regarding crypto keeps developing and information about it can quickly become dated. Case in point, HMRC will now have access to key information about people who use Coinbase, a cryptocurrency exchange platform, to deal in crypto assets. We suspect that other platforms will

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buying a house

What Buy-to-Let Landlords Should Know in 2022 (and Beyond)

At Gorilla Accounting, we provide specialised advice for all our clients, no matter which sector they work in. To do this, we make sure we’re aware of all changes to UK employment and tax legislation, as well as the latest industry news, which includes the latest update to the property sector. So, as buy-to-let landlords, we

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cyber security

Why You Can Trust Gorilla Accounting

Accounting firms deal with a high volume of financial and sensitive information every day. Vigilance is required to ensure that systems are updated, security policies are robust, and client information is handled with care. The nature of accounting makes both large and small firms a desirable target for cybercriminals, as hackers try to gain access to

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Female Owner Of Gift Store With Digital Tablet

What Does an Accountant do for a Small Business?

If you’re just starting out or already run a small business, you may believe you don’t need an accountant and want to do everything yourself instead – however, there are many reasons to hire someone to help you. In this article, we’ll look at the various reasons why you should have an accountant from the get-go

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How to Avoid the Most Common Contractor Mistakes

Being a contractor can offer you a wealth of benefits, from having flexible working hours and being your own boss to being able to charge more for your services – however, contracting is not without its challenges. There are many issues and obstacles you’ll face along the way, so you need to be prepared to tackle

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business owner in coffee shop

Starting a Small Business: What You Need to Know

Starting a small business can be daunting, as there are so many things to consider that you may feel overwhelmed. From setting up a limited company to raising capital and learning to promote your business, starting a venture requires time and money – and a lot of research. Starting a small business comes with unique challenges,

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self employed driver

Self-Employed Drivers Want Employment Rights from Amazon

If the group claim launched by law firm Leigh Day is successful, retail giant Amazon could be forced to pay £140 million in compensation to thousands of drivers who deliver parcels on their behalf. Amazon’s drivers, who currently deliver as ‘delivery service partners’, are classed as self-employed and, as a result, are not entitled to employee

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HMRC Lose More IR35 Cases

IR35 continues to be a topic of discussion for many self-employed individuals, especially after the new changes were implemented in April 2021. Many contractors worry about this issue, which can be complex to understand and follow, so we understand if this legislation is also playing on your mind. We offer expert IR35 advice at Gorilla Accounting,

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self employed woman

The Benefits of Business Banking When You’re Self Employed

Managing your finances as a contractor, sole trader of locum can be confusing; there’s a lot of conflicting advice available and many questions that need answering when it comes to managing your business’ finance. You’ll want to make sure you’re making the right choices for yourself and your business, and, if you’re using your personal account

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Coins stack and wood blocks number 2022.

New Year, New Me: Accounting Resolutions for 2022

The year is drawing to a close and, here at Gorilla Accounting, we’re taking this time to look at what 2022 will bring – and what resolutions contractors and sole traders should set for the next twelve months! The start of a new year offers the chance to take stock of your business and think about

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