Category Archives: Contracting

CONTRACTOR SPECIALIST ACCOUNTANTS who save you time and money

What do you want from your accountant? Opportunity to offset business expenses and increase take home pay? Highest Net Return? Fantastic value for money? Total control over your finances? That’s what you get with Freelance World. Does your current provider swamp you with spreadsheets? Do you have to check your bank account daily? With our monthly business snapshot we do it all so you don’t have to. We will have you working so tax efficiently that our costs will be covered by the money we save you. Many accountants offer a low fee for a very basic service that appears…

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Ernst and Young Contractor Forum

On 2nd February I travelled to London to attend a forum for those operating in the contractor accounting sector, hosted by Ernst & Young. Whilst much of the content was focused on Umbrella companies and the impact of AWR (the consensus was that umbrella companies may not be with us for very much longer), there were a few points relating to contractors working through a Limited Company that I wanted to share. First of all, E&Y stressed that MSC had not gone away, and although there have been very few cases under the legislation, HMRC are still keeping an eye…

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There’s No Such Thing As A Free Lunch!

A number of our clients, and many self employed people, generally (whether operating through a Limited Company, or as a Sole Trader) have the common issue of completing work for a client, invoicing for it – and then not seeing their client for dust. Non-payment for work for many of these self employed people can mean no food on the table, and a disheartening feeling that they have slogged their guts out for, literally, nothing in return. Not to mention that, with the current economic climate, businesses can go bust due to lack of payment from debtors. Would these same…

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