#contractortip - If you're operating through a limited company, get an accountant involved early on. Getting an accountant after your year-end, means you'll have often missed tax-saving opportunities that an accountant could have easily identified for you. focusaccountancy.co.uk

#contractortip - Don't miss HMRC deadlines! Submitting returns late will flag up your affairs with HMRC and makes a tax investigation much more likely. Even if HMRC finds nothing in an investigation, it can take up a significant amount of time and money. focusaccountancy.co.uk

#contractortip - When considering a contract based on a day rate, use [day rate x 200] for a more realistic estimate. This assumes you'll work 5 days a week for 40 weeks, to take into account sickness, holiday & other issues. focusaccountancy.co.uk #accountingandaccountants

#contractortip - Working from home for a few days can be very productive, but long term working from home can lead to chronic procrastination or overworking. Be disciplined and work set hours to avoid these pitfalls. focusaccountancy.co.uk #accountingandaccountants

#contractortip - You should use a business bank account, but this can take weeks to set up with high street banks. Why not try a challenger bank like @Starlingbank or @joinmettle that will often set up an account within hours? focusaccountancy.co.uk

#contractortip - Increase your prices. Many contractors feel like they can't increase their rates because they're afraid they'll lose clients but this is often not the case. Get in the habit of increasing your prices every year. focusaccountancy.co.uk #accountingandaccountants

#ContractorTip, if you’re planning 𝗖𝗵𝗮𝗻𝗴𝗲 𝗼𝗳 𝗣𝗮𝗿𝘁𝗶𝗰𝘂𝗹𝗮𝗿𝘀, we’ve made the process simpler and smoother for you. With our systems now integrated, updating your company information is faster and easier than ever. All you need to do is update your details on the 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿 𝗦𝘂𝗽𝗽𝗹𝗶𝗲𝗿 𝗗𝗮𝘁𝗮𝗯𝗮𝘀𝗲 (𝗖𝗦𝗗) and then mirror those changes on the #eRoC 𝗢𝗻𝗹𝗶𝗻𝗲 𝗥𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 𝗣𝗼𝗿𝘁𝗮𝗹. 📌 Don’t put it off. Keeping your details accurate means staying compliant and ready for new opportunities. 👉🏿 Update your information here: eroc.cidb.org.za/sign-in

#contractortip - When considering a contract based on a day rate, use [day rate x 200] for a more realistic estimate. This assumes you'll work 5 days a week for 40 weeks, to take into account sickness, holiday & other issues. focusaccountancy.co.uk #accountingandaccountants

#contractortip - If you're operating through a limited company, get an accountant involved early on. Getting an accountant after your year-end, means you'll have often missed tax-saving opportunities that an accountant could have easily identified for you. focusaccountancy.co.uk

#contractortip - Working from home for a few days can be very productive, but long term working from home can lead to chronic procrastination or overworking. Be disciplined and work set hours to avoid these pitfalls. focusaccountancy.co.uk #accountingandaccountants

#contractortip - Don't miss HMRC deadlines! Submitting returns late will flag up your affairs with HMRC and makes a tax investigation much more likely. Even if HMRC finds nothing in an investigation, it can take up a significant amount of time and money. focusaccountancy.co.uk

#contractortip - Increase your prices. Many contractors feel like they can't increase their rates because they're afraid they'll lose clients but this is often not the case. Get in the habit of increasing your prices every year. focusaccountancy.co.uk #accountingandaccountants

#contractortip - You should use a business bank account, but this can take weeks to set up with high street banks. Why not try a challenger bank like @Starlingbank or @joinmettle that will often set up an account within hours? focusaccountancy.co.uk

Framing blocking hack #diy #contractortip #funny youtube.com/shorts/vPbvXpB… via @YouTube

#contractortip - If you're operating through a limited company, get an accountant involved early on. Getting an accountant after your year-end, means you'll have often missed tax-saving opportunities that an accountant could have easily identified for you. focusaccountancy.co.uk

#contractortip - Don't miss HMRC deadlines! Submitting returns late will flag up your affairs with HMRC and makes a tax investigation much more likely. Even if HMRC finds nothing in an investigation, it can take up a significant amount of time and money. focusaccountancy.co.uk

#contractortip - When considering a contract based on a day rate, use [day rate x 200] for a more realistic estimate. This assumes you'll work 5 days a week for 40 weeks, to take into account sickness, holiday & other issues. focusaccountancy.co.uk #accountingandaccountants

#contractortip - Working from home for a few days can be very productive, but long term working from home can lead to chronic procrastination or overworking. Be disciplined and work set hours to avoid these pitfalls. focusaccountancy.co.uk #accountingandaccountants

#contractortip - You should use a business bank account, but this can take weeks to set up with high street banks. Why not try a challenger bank like @Starlingbank or @joinmettle that will often set up an account within hours? focusaccountancy.co.uk