Is going limited the right way forward for umbrella contractors this year?

The new tax year is fast approaching and we are noticing a trend in umbrella contractors who are incorporating their own personal service company (PSC) in order to minimise, or even mitigate the restriction on Travel and Subsistence expenses. While we cannot comment on any particular models offered by other accountancy and umbrella service providers,…

Why we should be on your PSL

With so many umbrella companies in operation today, it is crucial that you are confident in your payroll provider being both compliant and trustworthy. Recent changes to tax and employment legislation mean that your agency could be liable for penalties, or even subject to debt transfer. By having a Preferred Suppliers List (PSL), or an…

K&B Accountancy Group is now a premium partner of FreeAgent

K&B Accountancy Group is delighted to have become a premium partner of FreeAgent. Since most of our clients on our monthly packages are already enjoying the benefit of this multi-award winning cloud software, this premium partnership will further strengthen our client support capabilities and will introduce additional services, including an automatic bank feed, at no…

How to write a successful business plan

Starting a new business is an incredibly exciting time. Maybe you run a small business and are looking to take it to the next level, or you have a new concept and have decided there is no time like the present to get started. Either way, the following 10 points should be comprehensively answered in…

Completed your self-assessment tax return – what next?

Time to plan ahead For everyone who has filed their self-assessment tax return on time, now is the best time to plan ahead before the 2015/2016 tax year, which commences in a couple of months’ time.* Please refer to our previous blog posts for some useful information on the changes after 5 April 2016. We regularly post articles…