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Receipt Bank Review – Video Demo

Update – 16 November - Frazer Lloyd-Davies from Receipt Bank left a comment asking if anyone has any  questions regarding Receipt Bank to please email him  Visit Receipt Bank Hi, and welcome to UK...

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Contractor Pensions – What are the Tax Benefits?

If you are not currently contributing to a contract pension there is a chance you up paying significantly more tax to HMRC then you need to. Pensions are one of the only true tax breaks that are left...

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How can Contractor Pension help IR35

The financial benefits of contracting are quickly diminish once you’ve been caught by IR35, however all is not lost if you are within IR35 you are able to invest your gross taxable income into a...

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Do Contractor Pensions Differ to Private Pensions?

While contractor pensions don’t differ in their structure or set up compared to private pensions where they do differ is how the pension is funded. If a permanent worker wanted a pension they would...

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Opening a bank account in the UK

  What to expect from Working in the UKWhenever a person moves to new country for work whether it’s on a permanent or contract basis it’s always a good idea to get some background about the working...

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Can you be a director for a Limited Company if you’re not from the UK

  Many contractors like to use an Ltd company to manage their finances when they’re contracting but for nonresidents they can be some problems in doing this. Is often quite difficult to setup your PAYE...

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Contractor Payment Vehicles used in the UK

  In the UK contractors is mainly use umbrella companies or limited companies as their contractor payment vehicle. The main advantage of both of them is you earn a bigger take-home pay. 
The main...

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Whats Better Limited Company or Umbrella Company?

 You might think that Umbrella Companies are always stronger than limited companies but there are some some situations where contractors are better off using a limited company. 

Generally contractors...

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Freelancer Podcast #1 – Paul Rawlings from Nimbus Accounting

Earlier this week we were fortunate enough to have Paul Rawlings from Nimbus Accounting on Skype to discuss some of the benefits of using an limited company when managing your finances. A lot of great...

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Why contractors should use Limited Companies – Interview with Paul Rawlings

Last week we were delighted to interview Paul Rawlings from Nimbus Accounting. Paul shared some great information about the benefits of using a limited company in comparison to an umbrella company, he...

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