Latest News And Blog

Contracting & Freelancing News

A Simple Guide to Setting Up a Limited Company

A Simple Guide to Setting Up a Limited Company

There are various benefits of setting up your own limited company including the financial safety net of limited liability, being able to claim a wide range of allowable expenses, and the opportunity to improve tax-efficiency. It’s easy to see why so many self-employed people and small businesses follow this path and choose to form a limited

Read More »
The Lowdown on Dividend Tax Rates

The Lowdown on Dividend Tax Rates

Everyone is familiar with the famous Benjamin Franklin phrase that nothing is certain except death and taxes, and it’s true to say that taxes are a necessity. Taxation is an essential component of any economy and the taxes we pay fund public services such as schools, prisons, the NHS, defence and more. They also cover social

Read More »
The Use and Benefits of a Salary and Dividend Tax Calculator

The Use and Benefits of a Salary and Dividend Tax Calculator

A Salary and Dividend Tax Calculator is a specialist financial tool to help contractors, freelancers and self-employed people operating through a limited company get easy and quick insight into their tax liability and take home pay. Essentially, they can help you to determine how best to structure your remuneration. When you operate through a limited company,

Read More »
How Can Sole Trader Accounting Software Help Your Business?

How Can Sole Trader Accounting Software Help Your Business?

Time is a precious commodity for sole traders and all self-employed people. You will likely find yourself working on multiple projects with tight deadlines to meet. On top of that there are other responsibilities all sole traders face such as marketing your business and winning new work. Another obligation that can take up a lot of

Read More »
The Benefits of a Limited Company

The Benefits of a Limited Company

The number of limited companies in the UK continues to increase over time as more and more people make the transition from traditional employment into self-employment. When setting up your own business, one of the first decisions you’ll have to make is on your operating structure. The business structure you choose will have different implications in

Read More »
The Landscape for Landlords in 2023

The Landscape for Landlords in 2023

It’s fair to say that it’s been something of a turbulent year so far for the estimated 2.7 million landlords in the UK. The rental property market is becoming more complex over time and the regulations and challenges that landlords face are increasing. There’s also significant uncertainty in the property market. In this post we explore

Read More »
How a Contractor Accountant Can Help You

How a Contractor Accountant Can Help You

The number of Contractors has increased in recent years and in an ever-evolving and dynamic job market, they add significant flexibility to the workforce. By working on a project basis, Contractors make their specialist skill sets easily available to businesses across a huge range of industries. There are many benefits of being a Contractor including the

Read More »
Tips for Contractors and the Self-Employed

Tips for Contractors and the Self-Employed

If you’re a contractor or self-employed, you’ll be familiar with the many benefits and advantages of this type of work. You work independently only answering to yourself with full autonomy over your career and your business. The earning potential is of course high, there’s scope to leverage significant tax-efficiencies and control over your hours means you

Read More »
Your Guide to National Insurance for Limited Companies in 2023

Your Guide to National Insurance for Limited Companies in 2023

Whether you’re employed by someone else, you’re self-employed and run your own small business, one thing that everyone has in common is that we all must meet our tax obligations and make National Insurance contributions. In effect, National Insurance is a form of tax. For employees, National Insurance Contributions are deducted from salary each month. But

Read More »
Should you use an Accountant for your Tax Return?

Should you use an Accountant for your Tax Return?

If you don’t have your tax deducted at source through pay as you earn, you’ll likely be familiar with self-assessment tax returns. If you fall into one of the below categories, you may need to submit an annual self-assessment tax return to HM Revenue & Customs so they can send you an accurate tax bill based

Read More »
Why Choose FreeAgent Accounting Software

Why Choose FreeAgent Accounting Software?

Thanks to making-tax-digital (MTD) legislation, the days of doing accounting by hand or using multiple spreadsheets are becoming a thing of the past. MTD is a Government initiative which aims to digitise and modernise the UK tax system to make it one of the most advanced in the world. The end goal is to increase accuracy

Read More »

Recent Posts

Archives

Let’s get started

We would love to update you on exclusive offers, handy guides and the latest Gorilla Accounting info.

Join Us
Have a question? Call us on

0330 107 9676

Monday to Friday 9am – 5pm

Request a Callback

  • This field is for validation purposes and should be left unchanged.