Our Blog Posts

See our latest articles on the current accounting and taxation issues affecting our clients. 

Joy Pilot: Effortless Cloud Accounting Software

Joy Pilot: Effortless Cloud Accounting Software

As many of you will know, we have always developed our own accounting software for our clients to use. We initially did this because when we started our business in 2003, there was no cloud accounting software available for our clients, and we also really liked the...

2023 Autumn budget update

2023 Autumn budget update

From the latest UK annual budget outlined in the Autumn Statement 2023, it is clear that the government is steering the economic ship towards a stable and growth-oriented trajectory post-pandemic and amidst global energy challenges. The overarching theme of this...

The Ultimate Guide to Umbrella Companies

The Ultimate Guide to Umbrella Companies

We have been providing our contractor accounting service for nearly 20 years and are well positioned to provide a detailed guide on using an umbrella service. This is not only because we've lived through nearly 20 years of IR35 updates and Off Payroll changes, but...

Your Essential Guide to Pension Contributions for Contractors

As a contractor, planning for your future and securing a comfortable retirement may seem like worlds away from the day-to-day blood, sweat and tears of working through your company for your end clients, but its worth some of your attention...

2022/23 Dividend Tax Calculation. Two Practical Examples

Today I wanted to take a look at two practical examples of how to complete a dividend tax calculation for income based on the 2022-23 tax year. The reason I wanted to do this is we do have our dividend and salary tax calculator on our...

Calculate Your Take Home Pay with Our Contractor Calculators

Today I want to look at the two contractor tax calculators that we have on our website (actually we have three and I'll quickly touch on our corporation tax calculator later). The first calculator considers taxes for contractors working...

Contractor Tax Calculator Example in 2023

Today we're going to consider the case of a contractor who is working in the UK and is wanting to consider the tax effects of working as a sole trader, through a limited company, and via a PAYE umbrella company. I want to...

Exploring the Advantages and Disadvantages of Sole Traders

Exploring the Advantages and Disadvantages of Sole Traders

Today we look at sole traders. Because a lot of our contractor clients get their work through recruitment firms the use of the sole trader structure is not all that common. We'll explain the main reason for this further on in the article but what we have found over...

Understanding Employment Allowance Eligibility in 2023

Understanding Employment Allowance Eligibility in 2023

As the year 2023 rolls on with businesses incurring higher costs, it is more important than ever to stay well-informed about the latest changes and updates regarding tax reliefs and cost saving ideas. The Employment Allowance is one area where businesses can save...

Create a UK Invoice Template – Free & Customizable in 2023

Create a UK Invoice Template – Free & Customizable in 2023

For most people, gone are the days of laboriously creating invoices from scratch. That is not to say it still doesn't happen and in fact I still get manually prepared invoices from time to time from suppliers. But these days there is not really any excuse not to...