To celebrate our three-year anniversary as part of the Kingsley Hamilton Group, we’ve come up with some fantastic offers for our new and existing clients. We’ve even developed a perk for contractors and freelancers who are shopping around for an accountant. Take a look at what’s on offer: If you’d like an expert accountant to…
Once you get into the flow of working as a freelancer or contractor, it becomes easy to overlook your work-life balance. But as Steve Jobs rightly said, “the only way to do great work is to love what you do.” So to help you manage the boundaries between your personal and professional lives, here are…
Wednesday 12th August saw the launch of K&B Accountancy Group’s new website. Our goal has been to provide you with an easy to use, market-leading platform where you can find the information you need in a couple of clicks. With big improvements to the service you already know and love, our new website has been…
APSCo recognises and supports excellence within the professional recruitment market, which provides client organisations, recruitment agencies, and suppliers with a recognised stamp of quality assurance. We are delighted to announce that K&B Accountancy Group a has joined APSCo as an approved supplier for the contractor and freelancer industry. In order to be accepted as an…
Let’s start with some good news… The following rates will not increase for the lifetime of this parliament: Basic rate of income tax – 20% Standard rate of VAT – 20% Employers’ Class 1 NIC – 13.8% Employees’ Class 1 NIC – 12% Now let’s take a look at everything else… Change in dividend tax and the abolition of 10% tax…
There’s no doubt about it. The key to really falling in love with what you do, is to be yourself and stay loyal to it. As Sebastyne Young once wrote ‘extraordinary people rarely fit in’, which is something every freelancer should remember. Here are our top 5 tips that’ll encourage you to stand out from…
As we are now weeks away from Christmas, and the holiday season is in full swing, we cover the most common queries about festive and annual event deductible expenses. Annual Christmas party as deductible expenses Your limited company can claim its festive or annual party as deductible expenses for corporation tax purposes. The cost…
One of the most frequently asked questions from our clients on the VAT flat rate change for a limited cost business is: “what is counted as ‘goods’ when determining if they need to use the higher rate of 16.5%?” According to HMRC guidance, ‘goods’ are movable items or materials exclusively used in your limited cost…
Former BBC presenter, Christa Ackroyd has lost her legal battle with HMRC and is now facing a fine of £419,151 in outstanding income tax and national insurance contributions covering tax years: 2006/07 to 2012/13. This ruling made by the first tier tribunal (FTT) was based on the judgement that despite Ackroyd working through a PSC…
If you are affected by off-payroll reforms and are considering alternatives such as Umbrella employment, it’s helpful to understand AWR.
Across the UK, contractors and temporary staff are receiving notably higher pay rates. The REC disclosed that the steepest inflation in contractor pay rates recorded was in London. However, across the board, wages were continuing to rise, extending this trend to 62 months. Contractor pay rates accelerating at an exceptional rate REC director of…
‘Effective from 1 April 2017, The VAT flat rate scheme (FRS) for businesses with limited cost is set to increase to 16.5% from their current rate, based on defined criteria for a limited cost trader.’ What is a Limited Cost Traders? According to HMRC guidance, a limited cost trader will be defined as one whose…
Due to severe weather conditions, our offices are closing early at 4pm today to ensure our employees can get home safely. Our offices will be open on Monday as per the usual hours. We apologise for any inconvenience caused and thank you for your understanding.
Thank you for your enquiry. We’ll be in touch soon.