The chancellor of the exchequer, Philip Hammond, delivered the first ever Autumn Budget today in parliament. Here’s our summary with a special focus on what small businesses and contractors need to know.
MTD, you’ll likely have seen the acronym knocking about for a few years now, it’s the thing the government keeps putting back because it’s a huge change to the way businesses will handle their taxes, and there’s been quite a bit of push-back!
So you’re nearly ready, you know you want the freedom of working for yourself but you’re nervous, you’ve always been employed. Today we’re sharing our top 7 things you should know before you take the leap into the contracting world to help you to have the confidence to follow your dream career path.
It’s a very common scenario, you’ve got a brilliant business idea, you know how it’s going to make money, but as the saying goes; It takes money to make money. In this blog we’re giving you our best advice on how to survive and succeed at an investment pitch.
Flexitime is all the rage, but when you’re a one-person or few-person team, how do you break the shackles of the 9 – 5 and create a working schedule that’s better suited to your lifestyle?
Travel expenses for contractors, it’s not as simple as A to B. There are rules to follow and in this blog we’ll tell you what you can claim and what you can’t claim. As well as the 24 month rule and 40% rule which can often catch you out. Here’s what you need to know.
The first weeks and months of running your own small business can be seriously confusing, and Ian Spectre the Hector and his pals at HMRC sure don’t make it easy for the little guy! In this blog we explore estimated VAT bills – and why you need to watch out for them!
A fine principle which most of us aspire to.
For Ian Spectre, however, it’s a tad inconvenient, and he attaches the same level of importance to that statement as he does to moral values. Spectre and his HMRC posse are only bound by law. This blog shines a light on HMRC’s tendency to say one thing then do another. The topic in this case is Contractor Loan Schemes.
On the 25th April 2017 the Government rushed its new Finance Bill through parliament in a staggering two hours ahead of the impending Snap General Election. This was only made possible by cutting longest Finance Bill in history in half.
Ian Spectre came up with this idea while he was going through his old record collection. Back in the day he bore a striking resemblance to David Essex (as he repeatedly tells his colleagues and anyone else he corners), his fav track to air-guitar out to was always ‘Gonna Make You A Star’. That’s why he was so supportive of the HMRC’s STAR acronym.