Category: News

woman doing paperwork at home

Government Extend Furlough Scheme To End Of March 2021

In a statement to the House of Commons earlier today, Chancellor Rishi Sunak told MPs that the furlough scheme would be extended until the end of March, and will continue to pay up to 80% of an employee’s usual salary, up to £2,500. As part of the scheme, Mr Sunak also made it clear that anyone

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Gorilla Accounting Offices

50% off your first 3 months

  Sign up to Gorilla Accounting in November 2020 and get 50% off your fees for the first 3 months! CLICK HERE Terms and Conditions Offer open to new clients taking on our Limited Company accountancy package, Buy to Let Landlord accountancy package or Sole trader accountancy package. We will reduce your monthly subscription by 50%

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United Kingdom leaving the European Union represented in puzzle pieces

Brexit and Self-Employment: What’s Next?

It’s not just COVID-19 worrying contractors and freelancers at the moment, but also Brexit – whether or not they have clients in mainland Europe. While the UK left the EU on 31 January 2020, it entered a transitional period until 31 December 2020 in which EU law is still applicable. So, with the transitional period coming

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business owner working the cash register

What Can You Do Once Furlough Ends? (Updated)

16-11-2020 UPDATE The Job Support Scheme has now been postponed because the furlough scheme has been extended until the end of March 2021. Until then, the government will continue to pay up to 80% of an employee’s usual salary, up to £2,500.   The pandemic has not only caused thousands of deaths but has also damaged

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Mans hand inserting charger plug into electric car in green environment background.

Tax Relief on Electric Vehicles

Sustainability remains a key issue for governments around the world, and the UK is committed to reducing greenhouse gas emissions and reach net zero emissions by 2050. One of the many measures used to accomplish this will be the increase in electric vehicles on the road. This will help the nation achieve its climate change targets

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freelancer working on laptop2

Realities of Freelancing – The Ups and the Downs!

Many people dream of becoming a freelancer and many succeed. But the path to success can be challenging at times, so it’s important that you know whether freelancing is right for you before taking the leap. Of course, there are countless benefits to making the change to self-employment, which is why this is an increasingly popular

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working through a personal service company

What is a Personal Service Company?

Limited companies are a popular operating structure in the UK – Personal Service Companies, or PSCs, are a type of limited company that is set up to offer the services of one contractor. This contractor is also the only shareholder in the company, as well as its only director. If you’re taking the leap into self-employment,

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Gorilla Accounting Offices2

How Are The Self-Employed Affected By Winter Economy Plan?

Chancellor Rishi Sunak today unveiled the government’s plan to protect jobs and support businesses over the coming months, with the updates for the self-employed also featuring. Whilst there is still some confusion surrounding just how it will affect the self-employed in the long term, several points were raised relating to contractors and freelancers. Here’s an overview

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Gorilla Accounting Offices

Bolton Accountancy Firm Nominated For Prestigious National Award

Bolton-based Gorilla Accounting have made the shortlist for Best Contractor Accountancy Over 2,500 Clients at the Contracting Awards 2020. The national awards, which are held in association with ContractorUK and FreeAgent, are highly sought after across the entire accounting industry as they recognise the top contractor suppliers across the UK.  This is the second time Gorilla

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doctor sits at her desk and chats to an elderly female patient

Why You Should Become a Locum Doctor

Working as a locum is an alternative to having a permanent position at a general practice or hospital. Whether you’re interested in locum work on a part-time basis to supplement your income or you want to become a full-time locum doctor, we can help. According to NHS Digital, in March 2020 there were 1,192 locum GPs

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Businessman in office talking on phone

Everything You Need to Know About Contractor Dividends

Dividends are a key part of limited companies, so it’s important that contractors are aware of what they are, how dividends work and how much tax they have to pay on them. As contractor accountants, we work with many limited company owners and have helped them learn more about dividends. For instance, did you know that

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