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Contractors can be self-employed sole traders or work for themselves through their own limited company. Get in touch for accounting help and support with common contracting questions, or find answers in our articles about CIS compliance, using subcontractors, and what working as a contractor means for VAT, invoicing, and claiming expenses.
Independent contractors, consultants, or freelancers are self-employed individuals who work for businesses, usually on a short-term basis. Hiring a contractor enables firms…
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When you set up in business as a contractor you might either work as a sole trader or as a limited company….
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Back in the day (when tax returns were done through the post!), HMRC decided to clamp down on the construction industry. They…
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Your employment status is about how your relationship with your employer or client is classified legally. Usually, you will fall into one…
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The UK VAT domestic reverse charge was introduced to combat VAT fraud in the building and construction sector. In this article we’ll…
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Starting out as a contractor can be a daunting but rewarding step. If you’re considering joining the world of contracting, or just…
Read MoreThe number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?
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It is unlikely you will need this service, unless you are voluntarily registered for VAT.
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You will receive our bookkeeping software Pandle for free, as part of your package.
You can use this to complete your own bookkeeping, or we can provide a quote to complete your bookkeeping for you.
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Call us on 020 3355 4047 if you’re not sure.