Congratulations – you’re paying VAT! Being VAT registered might not seem like something to throw a party about, but it’s an important milestone. It means your business or limited company is bringing in more than £82,000 per year, and if that’s not worth jelly and ice cream, then frankly, we don’t know what is. The reality of […]
So, yesterday we heard from Mr Osbourne that he’s giving the nation a pay-rise. Well done sir, we applaud you. Or do we? Here at MAF, we’ve taken a look at what difference it will make to the UK’s contractors, freelancers and small business owners. What did our pal George do for us then? Here are the key-issues […]
‘We will stop employment intermediaries exploiting the tax system,’ explained Chancellor George Osbourne during his 2015 budget speech, explaining that he’ll be, ‘clamping down on the agencies and umbrella companies who abuse tax reliefs on travel and subsistence.’ While the measures don’t come into effect until 2016, they essentially call time on many of the […]
It’s budget time again, which must mean that autumn is in the air, the nights are drawing in, and the countdown to Christmas is well and truly on. Only, that’s actually not the case, is it? According to the Xmas Clock, we’ve still got close to 200 days left before the turkeys start getting hot under […]
Ah, the simple pleasures of the home office. No one to scold you for rolling out of bed late, working in your pyjamas, or dropping crumbs all over your desk. But as well as giving you the freedom to play by your own rules, did you know that working from home can also help pay […]
One of the biggest issues for any freelance or contract worker is keeping on top of the accounts. At My Accountant Friend, we’re passionate about looking after you and your finances, so you can get on with running your business and your life. Take a look at our animation below.