Last updated: June 17, 2021 | Tax There are many legal types of tax relief available for all UK registered companies, no matter their size, that could save you thousands on your annual tax bill. You just need to know what they are, when they apply, and how to use them.Despite the Government’s plans to…
Last updated: June 1, 2021 | Limited One of the main attractions of working via your own company is that the liability of shareholders is limited. So, to what extent is the liability of company directors limited?One of the most appealing aspects of running a contracting business through a company is the limited liability it…
Last updated: May 25, 2021 | Tax Capital allowances allow you to claim tax relief on assets you buy for your business. The value of these items can be offset against your company’s profits over time. So how do capital allowances work in practice? Day-to-day expenses vs. capital expenditure The day-to-day expenses you incur running…
Last updated: May 23, 2021 | IR35 With new private sector off-payroll rules set to take effect on 6th April 2021, is working as a sole trader a smart way to ensure your contract work falls outside IR35? What is a sole trader? The most popular type of business structure in the UK is the…
Last updated: May 11, 2021 | News The Government has published guidance on ‘mini umbrella company fraud’ – the widespread practice of setting up multiple companies to employ temporary workers – with the sole aim of abusing the Flat Rate VAT and Employment Allowance schemes.The official guidance explains how the fraud is committed, the impact…
Last updated: May 10, 2021 | Limited If you want to form a new company, alongside the Companies House application itself (IN01), you must also file Articles and a Memorandum of Association. Here, we explain what these documents are, and how to submit them.Whichever method you choose to incorporate a company (directly via Companies House,…
Last updated: May 4, 2021 | Limited There are several ways to set up your own limited company; via an accountant (a popular way), via a company formations agent, or direct with Companies House. Here we look at the typical costs associated with each option.As you can imagine, the more “middlemen” that are involved, the…
With hundreds of prospective accountancy firms to choose from, this table lists the monthly fees charged by some of the UK’s leading specialist accountants. For more details on our partner contractor accountants, please visit our directory. Scroll down for specific information on finding a London / City-based accountant. And we ask – is location really…
