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FreeAgent Accountants

Why you should choose to appoint FreeAgent accountants, Gorilla

Running a small business or working as a contractor carries a lot of responsibility. Not only are you working for yourself and having to find different projects to work on, but your finances are your own to control too. You must make strategic decisions about the direction of the business and the work you undertake whilst

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Simplifying VAT: The VAT Flat Rate Scheme

Simplifying VAT: The VAT Flat Rate Scheme

Value Added Tax (VAT) can be a confusing matter at the best of times for self-employed people, but understandably it can be something of an afterthought. When you first start out in self-employment your main focus will be on getting established and business growth and you will likely be under the £85,000 turnover threshold when VAT

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Social media influencer accountants

When do I need a social media influencer accountant?

The world of social media and its many different strains and algorithms is enough to boggle even the most clued up of minds. What goes viral next can never be predicted, nor can you ever determine an influencer’s popularity until the views start rolling in. According to statistics, 57% of Gen-Z (those born between 1997 and

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Understanding the UK Personal Allowance

Understanding the UK Personal Allowance

The concept of a personal allowance dates back to the early 20th century but was solidified by the Finance Acts of 1972 and 1973. There have been many changes and refinements to the personal allowance over subsequent years with the Government periodically making changes based on policy or to respond to prevalent economic conditions such as

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The Lowdown on Sole Traders: Definition, Challenges and Benefits

The Lowdown on Sole Traders: Definition, Challenges and Benefits

Sole trader is a popular business structure for entrepreneurs entering self-employment but there are many factors to consider before deciding if sole proprietorship is right for you. The business structure you choose has many implications including how much tax you pay, your record-keeping obligations and overall admin burden to the amount of financial risk you face.

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Feefo Gold Rated

The Feefo Gold Trusted Service Award & Accounting Services from Gorilla

We’re over the moon to announce that we have won the Feefo Gold Trusted Service Award, an independent seal of excellence, which recognises businesses that consistently deliver a world-class customer experience. At Gorilla, we pride ourselves on our exceptional service level and our reviews reflect this. Our clients and their finances are our priority, and we

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A Guide to Tax and NI for Contractors

A Guide to Tax and NI for Contractors

It was Benjamin Franklin who famously said “in this world, nothing is certain but death and taxes”. Although this is undoubtedly a morbid take, taxes must be paid when you earn and it’s important that as a contractor you understand your tax obligations and ensure that you meet them. In recent years many people have made

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What are the Benefits of Appointing an Online Accountant?

What are the Benefits of Appointing an Online Accountant?

When you start out in self-employment one of the most important decisions you can make to increase your chances of success is to appoint an accountant. Their support and guidance is an invaluable tool to help your business grow and flourish, but there is a lot of choice out there and the picture is very different

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