5 common mistakes to look out for in your Self Assessment Tax Return

Completing and submitting your Self Assessment Tax Return (SATR) can seem like a daunting task, but having it prepared well in advance of the 31st January deadline will make your life so much easier. If you miss the deadline you will be subject to a penalty, and this sum will only increase the longer you…

Giving back and getting back this Christmas: tax relief and expenses

With just over 2 weeks left until Christmas, it’s safe to say the winter celebrations are in full swing. With that, we wanted to recap on the expenses and tax relief you may be able to claim through your charitable donations and work festivities. Getting a little back for yourself, while treating and gifting others…

What to consider if you want to switch from umbrella to limited

When you first start out in contracting, working under an umbrella company is an excellent stepping-stone into the world of self-employment. But at what point should you start considering switching to a limited company? If you are new to contracting, using an umbrella company is ideal due to the minimal administration you need to manage.…

Contractor wellbeing series: top tips to integrate self-care into life as a contractor

There are big advantages to going self-employed such as having more control over your time and work. But with the fast-paced lifestyle, most of us have today, experiencing stress from time-to-time is a normal part of life. So it doesn’t hurt to incorporate some self-care habits into your day-to-day routine to help you avoid unnecessary…

The benefits of using an accounting software

An accounting software can compliment the service provided to you by your contractor accountant as it allows you keep on top of your day-to-day bookkeeping alongside receiving support, advice and guidance from your accountant. It can really help to make your contracting life a lot easier, giving you more time to concentrate on the important…

How to get your limited company name just right

Once you’ve made the decision to set-up a limited company; you’ll want to start thinking about choosing the right name for it. You might even already have a name in mind but there are still some important factors to consider before making your final decision. You want a name that is timeless, that will be…