Resources

Mettle is a free business bank account for sole traders and small limited companies.

As of 6 April 2020 there are new reporting and payment requirements for Capital Gains Tax on property.

A short summary of the tax measures introduced by the Chancellor on 11 March 2020.

In order to support companies that work on innovative projects in science and technology, the government offers research and development (R&D) tax credits. T...

Between Brexit and changes to IR35 legislation, the contracting space is looking uncertain at best so many contractors are weighing up their options and cons...

There are no rules on how to keep records as a contractor but your records need to be accurate, complete and readable.

10 tips for starting your limited company as a contractor 1. Invoice on time If you get a 12-month contract and you’re expected to invoice monthly, make sure...

Get your tax return submitted early January is usually a tough month for everyone so why make it harder with the stress of scrambling to complete your tax re...

Correctly claim food and drink expenses Claiming food as a business expense through a limited company can be very complicated as there are so many factors th...

Tips to help you get paid earlier While an IT contractor or creative freelancer is less likely to go out of business as a result of late payments than a trad...

What needs to be on an invoice? Essential items Your trading name – the name that your client will recognise as your business. Your contact details – usually...

Possible tax savings on electric company cars In 20 years the UK plans to ban the manufacture of petrol/diesel cars so the switch to an electric car is more ...

Tips to help contractors stay outside of IR35 IR35 governs whether a contractor working through a limited company is a legitimate business or just an ‘off-pa...

Spot the difference between real and fake HMRC communications In an age of MTD and tax ‘simplification’, HMRC are emailing, calling and even texting tax-paye...

Explaining why you pay personal tax on account When your self-assessment tax bill goes over £1,000, you switch from the standard method of making one payment...

Making personal pension contributions rather than business contributions through a company could cost you over £3k a year!

A short guide on HMRC's online services and how to get your Government Gateway credentials.

What is open banking and how it effects FreeAgent users Almost every client we’ve worked with loves FreeAgent but if there is ever an issue it’s likely to be...

Recent tax changes to be aware of if you have a rental property There has been a trend in recent years of the government changing legislation to get more tax...