Updates & Articles

/Updates & Articles/

Is my recruiter referring me to the right accountant?

By David Hughes It’s an exciting time when you secure your 1st contract and this often happens when working with a recruitment business/agency. As a part of the relationship, when negotiating your new day rate contract, you accept that the recruiter is getting a cut of your day rate eventually after their company has taken [...]

2017-12-12T16:14:08+00:00 December 12th, 2017|Contractor|0 Comments

Autumn Budget Roundup: Impact on Contractors and Small Businesses

By Matthew Perry Today saw the return of the Autumn Budget. Here are the main takeaways from the largest financial event of the year. What was announced? IR35 - Introduction of new rules to the private sector There were plenty of rumours circulating in the lead up that the IR35 update which was introduced [...]

2017-11-22T17:37:39+00:00 November 22nd, 2017|Accountancy|0 Comments

Minimum Pension Contribution Amounts Are Increasing

By Steve Blissett Under the Pensions Act 2008, the minimum automatic enrolment pension contribution amounts will increase in April 2018 and again in April 2019. What’s happening and when? Minimum pension contributions will increase in two phases, on 6th April 2018 and again on 6th April 2019. These increases apply to all employer pension [...]

2017-11-17T11:56:23+00:00 November 17th, 2017|Accountancy|0 Comments

Xerocon – The Next Big Thing is People

By David Hughes The Next Big Thing is People That's the word from Gary Turner, MD of Xero, which is one of the largest cloud bookkeeping software on the market. This was straight from Xerocon London 2017, where the UK's largest contributors to accounting technology solutions came together to show off their latest products and [...]

2017-11-09T09:59:24+00:00 November 9th, 2017|Accountancy|0 Comments

#RecipeforSuccess: 5 Tips for Business Success

By Matthew Perry Running your own business has plenty of unique challenges, from managing cash flow to ensuring your payroll runs as smoothly as possible. Fortunately, you don't have to do it alone. Like the best food recipes, our recipe for mastering your business is quick and simple. In order to make sure your new [...]

2017-11-09T10:11:18+00:00 November 6th, 2017|Guides|0 Comments

Auto-Enrolment: Top Tips for Compliance

By Matthew Perry The Pensions Regulator published an update this month, reporting they prosecuted a company and its director, for the first time, for not complying with auto-enrolment (AE) legislation. The managing director was accused of deliberately not putting 36 of their staff into a workplace pension. The case ended in the company facing [...]

2017-10-13T11:04:41+00:00 October 13th, 2017|Accountancy, Guides, SME|0 Comments

IR35 Legislation Causing Exodus of Top Talent

By Matthew Perry The IR35 changes were unpopular when they were first introduced and they are still causing issues in the public sector. A recent survey of 1.500 contractors, performed by ContractorCalculator, showed that just over 3/4 of the public sector has experienced an exodus of top talent. This has caused 71% of projects [...]

2017-10-04T11:43:13+00:00 October 4th, 2017|Contractor, IR35|0 Comments

Importance of Cash – Cash Flow Management

By Steve Blissett As a business owner, you know you can only be financially rewarded by your business if there is sufficient cash. Also, your business could fail if the cash runs out. Interestingly, what is of most concern is that a profitable business can fail solely because of cash flow. It is generally [...]

2017-09-28T11:47:12+00:00 September 28th, 2017|Finance, Guides|0 Comments

New Rules: People with Significant Control Reporting

By Matthew Perry On the 23rd of June, there was a significant update to the People with Significant Control (PSC) guidance as a result of changes to the anti-money laundering measures put in place by HMRC. Companies registered with Companies House should now report changes to the register of PSC's using a different timeline [...]

2017-09-20T12:36:33+00:00 September 20th, 2017|Accountancy, Companies House|0 Comments