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Flat rate VAT for Contractors

1st September 2016 | Written by In Accountancy | Categories : Contractors, News

Flat rate VAT for contractors and VAT accounting in general can seem like quite a confusing subject to many people, but as accountants in Hazel Grove, we can help! If you are a contractor who is set up as a limited company, then you may be able to apply for the flat rate VAT scheme which can help to reduce Read the full article…


Thinking of going self-employed

25th August 2016 | Written by In Accountancy | Categories : Contractors, News

If you’re thinking of going self-employed, as a team of contractor accountants based in Stockport, we know that becoming a contractor can offer people a wide range of benefits such as higher pay, greater flexibility and more job satisfaction. However, we also realise that the thought of leaving permanent employment can be quite daunting. There are challenges associated with running Read the full article…


Working as a contractor

10th August 2016 | Written by In Accountancy | Categories : Contractors

As contractor accountants in Manchester, we are well aware that working as a contractor can be quite tricky. Whatever business you are in, it pays to get your business organised correctly right from the start. So, before you take on any work you should ensure that your accounting process is in order by: Incorporating Your Business – If you are Read the full article…


Contractors’ monthly returns

12th July 2016 | Written by In Accountancy | Categories : Contractors, News

Contractors’ monthly returns can be filed more easily and efficiently with a new online service, according to IN Accountancy, an accountancy firm based in Stockport. New online service HMRC have introduced a number of improvements to the CIS online service with a view to making it easier and more efficient to use. From April 2016 changes have been made to Read the full article…


New rules hit contractors in the public sector

27th May 2016 | Written by In Accountancy | Categories : Contractors, News

From April 2017,  new rules hit contractors in the public sector because those working through their own company will no longer be responsible for deciding whether the intermediaries legislation applies regarding paying the relevant tax and NIC. According to IN Accountancy, a firm of chartered accountants that support contractor accountants in Stockport,  this responsibility will instead pass to the public sector employer, Read the full article…


Borrowed the boss’s jet recently?

20th May 2016 | Written by In Accountancy | Categories : Contractors, News

Have you borrowed the boss’s jet recently? Probably not, indeed it’s much more likely that the nearest you get to a company perk like that is a company car or private medical treatment. If this is the case then did you know that all these ‘perks of the job’ are treated as ‘benefits in kind’ which need to be recorded Read the full article…


Top Tax Tips to do before the fiscal year-end

26th January 2016 | Written by In Accountancy | Categories : Contractors

There are a number of top tax tips to do before the fiscal year-end. Looking beyond the imminent tax return deadline, in the world of accountancy and financial services, this time of year means two things are on the horizon: the end of the tax year on 5th April and the next Budget. Now is the time to review your Read the full article…


Dividend Taxation Rules

20th January 2016 | Written by In Accountancy | Categories : Contractors, News

New dividend taxation rules come into force in a few months’ time as a result of the George Osborne’s decision to overhaul, in the Chancellor’s words, ‘Britain’s archaic dividend tax regime’. The Chancellor has been unhappy with the current dividend payment taxation system which the government inherited. Under the new dividend taxation system, anyone who receives income from dividends paid out,  will not pay tax Read the full article…


Local accountants win Stockport business award

16th October 2015 | Written by In Accountancy | Categories : Contractors, News
Local accountants win Stockport business award

Stockport Accountants, IN Accountancy, are still buzzing from winning the Most Promising Young Business category in the Stockport Business Awards, last night. The awards celebrated the best in Stockport’s business community ranging from professional services, IT, logistics, manufacturing and brewing at a ceremony in Stockport Town Hall. IN Accountancy were up against strong competition including ‘Make Events’ who are one Read the full article…


Auto enrolment ‘engagement’ and calculation tool

17th September 2015 | Written by In Accountancy | Categories : Contractors

The Pensions Regulator (‘TPR’) has announced that following consultation they will develop a basic automatic enrolment tool. The basic tool should be available to download from TPR’s website by the end of 2015. TPR consulted earlier this year on proposals to develop a basic tool to support those employers who use HMRC’s Basic PAYE Tools (BPT) to carry out their Read the full article…