Guides

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We’ve put together some easy to follow guides covering common accounting and tax issues faced by small businesses and contractors

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Contractor expenses guide

Knowing what expenses that are tax deductible can be a minefield. To make matters more complicated specific rules apply to limited company contractors.

Our straightforward guide outlines how to treat the expense types we get asked about the most such as travel costs, clothing costs and lunch allowances.

Contractor expenses guide
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Dividend Guide for Small Businesses and Contractors

Being able to pay yourself in the form of dividends is one of the best perks of being self-employed but it comes with a few confusing areas that need to be understood to stay on the right side of HMRC.

This six part guide aims to help readers understand the advantages of dividends, how to calculate the tax due and what the legal Companies Act requirements are when paying yourself.

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VAT Flat Rate Scheme

The VAT Flat Rate Scheme is perfect for companies that have a low level of expenses, such as Contractors.

Our Flat Rate Scheme guide explains how it works and tells you how you can work out if you would save money by signing up for it.

VAT Flat Rate Scheme guide
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Our blog also includes frequent guidance on tax matters.