Knowing the right time and reason to increase your prices or day rate is a challenge for any small business owner. As a contractor or small business owner, knowing when and how to increase your prices or day rates can feel daunting. However, charging what you’re worth is key to maintaining a sustainable business, rewarding […]
When to increase your prices and day rates and how to tell your clients Read More »
There are various tax reliefs for small businesses and contractors that can ease the financial pressures that come at the end of each fiscal year. As a small business or contractor in the UK, understanding the tax reliefs available to you can make a significant difference to your financial health. The UK government offers a
7 tax reliefs your small business could be entitled to Read More »
The Bounce Back Loan provided stability and reassurance for many small businesses during Covid-19; the effects are still being felt today. The Bounce Back Loan Scheme (BBLS), introduced by the UK government during the Covid-19 pandemic, offered a lifeline to many contractors and small businesses struggling with cash flow issues. However, now that the initial
The effects of taking a Bounce Back Loan Read More »
Individuals with non-traditional job statuses often encounter unequal treatment from lenders because of their unconventional income sources, and it’s unfair. For freelancers, independent contractors, and the self-employed, gaining a mortgage and remortgaging might seem more complex due to the lack of a typical income stream. Nonetheless, there are mortgage options that can be customised to
A guide to remortgaging for freelancers, contractors, and the self-employed Read More »
As a limited company director, you’ll need to keep on top of your bookkeeping and personal tax obligations for legal compliance and your own financial health. We are now into the fifth month of the financial year, which runs from April 6, 2024 to April 5, 2025. Do you know where you stand in terms
Limited company directors: Do you know how much personal tax you incurred for 2024/25? Read More »
The financial process known as ‘cash projection’ or ‘cashflow forecasting’ entails estimating forthcoming cash coming in and going out during a set timeframe. While essential for businesses across the board, is it especially advantageous for small businesses and contractors? There are benefits and possible hurdles of cash projection for these demographics. Determining its viability for
Is cashflow forecasting beneficial to small businesses and contractors? Read More »
A P11D is the form used to report benefits in kind paid to directors and employees which have not been subject to PAYE tax. In this article we’ll look in detail at what you need to know.
Understanding Your PAYE Code Read More »
A P11D is the form used to report benefits in kind paid to directors and employees which have not been subject to PAYE tax. In this article we’ll look in detail at what you need to know.
IR35: Where are we now? Read More »
A P11D is the form used to report benefits in kind paid to directors and employees which have not been subject to PAYE tax. In this article we’ll look in detail at what you need to know.
How to Keep on Top of Your Bookkeeping Read More »
A P11D is the form used to report benefits in kind paid to directors and employees which have not been subject to PAYE tax. In this article we’ll look in detail at what you need to know.
Why We Partner with Mettle by NatWest Read More »
