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MyAccountantFriend.com

News and Comment on Accounting Issues Affecting Contractors and Freelancers

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    Positive news for IT contractors - increasing job opportunities!

    01 March 2011

    Recent news and government announcements point to half a million IT jobs over the next 5 years.

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    HMRC to investigate poor record keeping.

    13 January 2011

    HMRC is planning to conduct Business Records Checks to review the adequacy & accuracy of records. Beware!

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    Changes to Pensions Allowances

    10 January 2011

    There have been recent changes to pensions with regard to what you can claim in tax allowances. Find out more....

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    New legislation to prevent 'disguised employment'

    14 December 2010

    Contractors should be wary of trusts and other vehicles due to ‘disguised remuneration’ laws.

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    Comprehensive spending review

    10 November 2010

    We review the recent cuts announced by the Chancellor, see what it means for contractors and make some suggestions on how to thrive in the future.

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    Personal tax returns due

    20 October 2010

    With the deadline of 31st October for submitting your personal tax return fast approaching we encourage people to submit online and get support.

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    HMRC - a real-time tax system?

    10 September 2010

    HMRC has notified millions of people that they've paid too little or too much tax, prompting calls for an overhaul and real-time system. We discuss.

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    IR35 - A waiting game

    25 August 2010

    It now looks like the review of IR35 is likely to be more comprehensive and take longer than originally thought . We investigate.

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    Record Keeping

    09 August 2010

    The need to keep accurate records is an important part of running a limited company. Fortunately. My Accountant Friend is on hand to help.

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    Coalition Budget Review

    25 June 2010

    The Emergency Budget recently introduced is one of the most important in recent times. Read what it means for you and what you should do about it.

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    The end of IR35

    25 May 2010

    We welcome the new coalition government’s pledge to abolish IR35. Read more for an update and our perspective.

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    2010 Budget Implications

    28 March 2010

    Alistair Darling’s recent budget was greeted by a resigned response at best. But what does it mean for contractors and freelancers? We reveal all!

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    HMRC wins offshore case

    31 January 2010

    A verdict issued by the High Court highlights the dangers of using offshore trusts to reduce tax liability. We urge people to be very careful.

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    A changing economy

    03 December 2009

    A recent exercise by the CBI looks at the changing environment for UK business. It foresees trends such as far greater flexible working.

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    Moving to online filing

    25 October 2009

    HMRC and Companies house are moving increasingly towards online filing. We explain what this means and how we manage this for you.

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    Networking to get ahead

    25 October 2009

    Learn to make the most of networks. Sally Jones offers tips on how networks can help you get ahead and overcome any initial reluctance.

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    Cashflow for contractors

    25 October 2009

    Dr. Steve Priddy, the ACCA’s Director of Technical Policy and Research, explains why contractors need to manage their cashflow.

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    Digital cottage industries thrive

    25 October 2009

    Today many people are boosting their household income by logging on to the internet and blogging, doing freelance research or selling goods on Ebay.

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    Pensions for contractors

    11 October 2009

    It's vital that contractors put proper pension provisions in place. Alex Caulder, a Partner at St. James Place discusses what you should consider.

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