The three types of HMRC investigation – and how to deal with them

In recent years, contractors and freelancers have become embroiled in what the media are calling a ‘£5.5 billion tax grab’. News stories like this one have struck fear into many of contractors we assist with our innovative accounting solutions, and for good reason. Reports tell stories of HM Revenue and… View Article

When should I review and amend my rate?

There are many reasons why self-employment is on the up. Going solo has become the go-to career move across many industry sectors, with the latest figures from the Office for National Statistics (ONS) revealing that the number of self-employed people has increased from 3.3 million to 4.8 million. The self-employed… View Article

Turning your hobby into a business

As the world of work changes, more and more people are starting their own businesses. The number of business owners in the UK has risen dramatically over the past decade, and now self-employed professionals account for 15% of the UK’s workforce. Many contract and startup businesses begin as hobbies, freelance… View Article