2024-03-20 09:15
From 6 April 2024, a proposed new “set-off” mechanism should prevent end clients from overpaying tax when HMRC decides there has been a mistake in applying the off-payroll workin… Read More
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2024-03-18 16:05
Companies House is increasing its fees on 1 May 2024 to “bring them in line with the costs of providing our service”. This could impact contractors who need to incorporate a new… Read More
2024-03-11 12:52
In the Spring Statement, the Chancellor, Jeremy Hunt, set out his plan to promote growth. In this post, we look at the key tax changes that contractors need to know about.
Headlines for c… Read More
2024-03-04 14:33
It’s a well known fact that the State Pension on its own won’t cover most individuals’ cost of living so it’s more important than ever to be thinking about the future… Read More
2023-11-22 17:05
In the Autumn Statement, the Chancellor Jeremy Hunt set out his plan to promote growth. In this post, we look at the key tax changes that contractors need to know about.
Headlines for con… Read More
2023-03-16 11:25
In the Spring Statement, the Chancellor Jeremy Hunt announced a range of measures to support with the cost of living and get people back into work. He shared that inflation has peaked and th… Read More
2022-11-28 17:26
With the festive season just around the corner, you might be preparing for your eagerly anticipated Christmas shindig. Did you know you can claim back the cost of an annual party from HMRC?… Read More
2022-11-18 15:22
In the Autumn Statement, the Chancellor Jeremy Hunt set out his plan to stabilise the economy and reduce inflation through wide-ranging ‘stealth’ tax rises and spending cuts. In… Read More
2022-10-27 15:02
With the government encouraging the switch to electric cars, is now the right time to purchase one through your limited company?
Whether to buy a car through a limited company is a qu… Read More
2022-10-20 14:33
It’s a well known fact that the State Pension on its own won’t cover most individuals’ cost of living so it’s more important than ever to be thinking about the future… Read More
2022-09-23 15:11
We’re celebrating the unexpected yet brilliant news that the disastrous IR35 reforms will be scrapped. This morning, the new Chancellor of the Exchequer, Kwasi Kwarteng, announced that… Read More
2022-09-23 15:11
The new Chancellor, Jeremy Hunt, has announced the government is scrapping almost all of the tax measures set out in its mini-budget three weeks ago to “provide confidence and stabilit… Read More
2022-08-18 15:26
When starting a business, you may want to transfer assets that you own in your personal name to your limited company. This will help reduce corporation tax in the company’s first year… Read More
2022-08-02 16:12
As a limited company director, you may want to purchase gifts for clients, suppliers, staff and even for yourself. This article considers the different tax rules that apply to the various ty… Read More
2022-07-27 15:39
It’s common practice for a spouse to be added as a shareholder in a limited company particularly where there can be tax efficiencies gained.
Whilst the process of adding a new shar… Read More
Supreme Court Rules Against Pro-rated Holiday Pay For Part-year Workers In Landmark Holiday Pay Case
2022-07-21 11:06
James Poyser and Rebecca Seeley Harris comment on the Supreme Court’s ruling on pro-rated holiday pay for part-year workers.
The latest Supreme Court judgement could open the fl… Read More
2022-04-01 15:47
Overall, the Spring Statement 2022 was relatively quiet for contractors and self-employed workers. In this post, we look at the key areas that contractors need to know about.
No detail on… Read More
2022-03-21 10:54
Every March, it’s a good idea to check you’ve made the most of opportunities to be tax efficient before the end of the tax year. It’s a great time to get your affairs in or… Read More
2022-03-18 13:59
We’re pleased to announce that our express switching service is now available for contractors looking to switch to inniAccounts from SJD Accountancy or Nixon Williams. Our software eng… Read More
2022-03-18 13:58
Earlier this year, a number of umbrella companies and large contractor accountancy firms were on the receiving end of a malicious cyber attack. In this blog, our CEO, James Poyser, shares ad… Read More
2022-03-07 09:38
Together with Rebecca Seeley Harris we have submitted detailed evidence and recommendations to the Treasury’s consultation “Call for evidence: umbrella company market”… Read More
2021-12-09 16:20
It’s fair to say that many of us will be glad to see the end of 2021. In addition to the disruption caused by Covid-19 and lockdowns, 2021 was the year that the IR35 reforms (aka off-p… Read More
2021-11-18 13:04
We’re welcoming record numbers of new clients who’ve left umbrella companies after landing an outside IR35 contract. Given what we’ve learnt recently about umbrella company… Read More
2021-11-05 10:08
Overall, there was little positivity in the Autumn Budget for contractors and self-employed workers. In this post, we look at the key areas in the budget that contractors need to know about… Read More
2021-10-20 13:52
OffPayroll.org.uk has relaunched its website along with a brand new umbrella section and FairScore rating system. This is designed to level the playing field between compliant and non-compli… Read More
2021-10-07 09:06
In the latest update to the inniAccounts software, we’ve added a brand new ‘Get Help’ section and have overhauled the Reports section.
“Our latest update saw the r… Read More
2021-10-04 12:23
James Poyser and Rebecca Seeley Harris have made a submission to the autumn Spending Review to ensure that the Single Enforcement Body (SEB), which will be responsible for umbrella company r… Read More
2021-09-08 10:31
The Prime Minister has announced a “health and social care levy” to address the funding crisis in the sector in the form of a 1.25% rise in National Insurance and tax on share di… Read More
2021-07-30 09:21
James Poyser and Rebecca Seeley Harris respond to calls by the TUC for the government to ban umbrella companies amid their growing use in the UK labour market.
Yesterday (29th July), the… Read More
2021-06-11 13:30
A welcome win for the collective campaign for umbrella regulation and our recent policy. However, the devil is in the detail; a timetable for legislation and sufficient funding for the Gover… Read More
2021-05-25 13:37
In April we asked contractors about their current IR35 status determinations, attitudes towards clients and contractor feeling. Below we’ve summarised the key takeaways and have compil… Read More
2021-05-17 15:05
We delve into the various skims, scams and unethical practices that umbrella companies are using to boost their income, revealing the warning signs that workers (and HMRC) need to look out f… Read More
2021-05-17 08:54
Together with Rebecca Seeley Harris, we have submitted a draft policy to the government, outlining the steps needed to regulate the umbrella company industry and protect workers’ right… Read More
2021-05-11 14:53
Mini umbrella companies (MUC) have hit the headlines again, this time over NHS test and trace workers employed by subcontractors.
An investigation by the Guardian found unusual payroll pa… Read More
2021-03-24 15:09
How important are working practices to outside IR35 determinations? The short answer is very! In this episode of the Proudly Off Payroll Podcast, James discusses why IR35 working practi… Read More
2021-03-22 12:55
Uber has offered employment rights to all workers following its defeat in last month’s landmark court case.
Marking the end a four-year court battle between Uber and two of its driv… Read More
2021-03-17 14:46
HMRC has just published details of CEST usage up to the end of February 2021.
The latest stats show a total of 1,214,229 CEST uses from 25 November 2019 to 28 February 2021. This breaks d… Read More
2021-03-17 11:57
In February, TV and radio presenter Kaye Adams won a landmark case against HMRC which found her outside IR35 due to being ‘in business on her own account’.
The case: HMRC v At… Read More
2021-03-03 15:44
Rishi Sunak has just delivered the 2021 budget. It’s mostly as we expected; there are no horrors (like the rumoured one client rule) but also no brilliant upsides either (like the canc… Read More
2021-03-02 15:10
In our latest Proudly Off-Payroll podcast, James Poyser shares his thoughts on why being indispensable is the real key to working outside IR35.
Something we’ve predicted for som… Read More
2021-03-01 16:20
Over a week on from the landmark case in which the Supreme Court ruled that Uber drivers are indeed workers, and not independent contractors as argued by Uber, we’re reflecting on what… Read More
2021-02-24 17:08
Large end clients have a poor reputation at present among the contracting and consulting community for their compliance approach to the new off-payroll working rules (IR35) with blanket PSC… Read More
2021-02-16 16:17
In this episode of our Proudly Off Payroll podcast, James Poyser discusses how the consulting and contracting industry has changed, and why it’s more important than ever that you take… Read More
2021-02-02 14:00
Umbrella companies aren’t regulated. As such, there are many rogue companies, advertising high take-home rates, which may land you with a hefty tax bill. Even well-known umbrella compa… Read More
2021-01-19 13:04
In April 2020 it became mandatory for recruitment agents to provide all agency workers with a Key Information Document (a KID) early in the negotiation process.
A KID is a short document… Read More
2020-12-10 11:02
Fraudulent ‘Mini Umbrellas Companies’ hit the headlines recently. I decided to lift the lid so you don’t get caught out.
HMRC have issued warnings to contractors enticed… Read More
2020-11-25 13:16
We once thought about setting up an Umbrella Company. So James decided to find out exactly what’s involved. In this episode, James shares his journey into the eye-opening world of… Read More
2020-11-04 16:10
Our latest Proudly Offpayroll podcast lifts the bonnet on what’s happening with regards to PSC bans and why.
Listen to this episode now:
You can find all episodes of the Prou… Read More
2020-10-27 15:32
Introducing Proudly Off Payroll, a regular podcast celebrating the independent consultant and providing the expert advice you need to succeed.
Listen to this episode now:
You can f… Read More
2020-03-11 15:51
Rishi Sunak has just delivered his first budget. There were a number of measures that were good news for the wider business community, however as expected, The Treasury will be pressing ahe… Read More
2019-04-09 14:36
In less than a year off-payroll working rules from the public sector will be rolled out to medium and large sized private sector organisations.
This means that from April 2020, if your c… Read More
2019-04-09 14:26
To ensure they’re best prepared for the future, 45% of our clients have started to invest in training or are already undertaking technical certifications to help make themselves more a… Read More
2019-04-09 14:21
In our recent State of the Nation survey, we found that contractors are roughly evenly split when it comes to recommending contracting. 52% would heartily recommend the contracting lifestyle… Read More
2019-04-09 14:13
Three years down the line, everyone is still waiting to see what the effects of the decision to leave the EU will be. For now, there’s still a lot of uncertainty, leaving many contract… Read More
2019-04-09 14:03
Continued financial security is clearly considered a risk factor for many contractors. As a contractor you will probably have to put in place a means to save towards your retirement, additi… Read More
2019-04-09 13:58
Alongside the huge variety of advantages contracting offers, the participants of our recent State of the Nation survey acknowledged there were some day-to-day downsides to being a contractor… Read More
2019-04-09 13:50
Our recently undertaken State of the Nation survey showed that the most valued benefit of being a contractor was the higher rate of pay, alongside being able to avoid office politics and wor… Read More
2019-04-09 13:40
Back in January, we invited our clients to take part in a quick survey to find out what they think will shape 2019 and their future as an independent contractor. Our aim was to discover how… Read More
2019-03-14 10:41
With Brexit dominating the headlines this week, you’d be forgiven for missing yesterday’s Spring Statement. While there were no major tax changes, we did get an insight into what… Read More
2019-03-11 11:12
If you’ve ever been exasperated with the service you’ve received from your bank then you’ll have some idea of what it’s been like to work with HMRC these last ten yea… Read More
2019-03-05 14:59
A big change like Making Tax Digital (MTD) is bound to produce some uncertainty. If you’re confused, don’t worry, we’re here to shed some light on the situation. Below, we… Read More
2019-03-05 14:59
A big change like Making Tax Digital (MTD) is bound to produce some uncertainty. If you’re confused, don’t worry, we’re here to shed some light on the situation. Below, we… Read More
2019-03-05 14:51
With MTD round the corner and further digitalisation inevitable, now’s the time to review your existing accounting software and decide if you need to upgrade or go looking for a new sy… Read More
2019-03-05 14:41
Digital VAT may feel like a big change, but if you’re an inniAccounts client, you don’t need to worry – we’re Making Tax Digital (MTD) ready. In fact, we’ve be… Read More
2019-03-05 14:38
We admit, anything with the word tax in doesn’t sound all that thrilling does it – but Making Tax Digital (MTD) is set to be something of a game changer.
HMRC’s move to… Read More
2019-03-05 14:33
HMRC’s Making Tax Digital (MTD) scheme aims to put the UK ahead of most of the world in using tech to make taxation more effective, efficient and easier – giving contractors a gr… Read More
2019-03-05 08:40
By now you’ve probably come across the term Making Tax Digital (or MTD for short) and you might have a rough idea of HMRC’s plans. But do you know how your limited company will… Read More
2019-03-05 08:24
The UK’s tax system is about to get a shake down – the government’s ambitious Making Tax Digital (MTD for short) initiative is set to revolutionise the way we deal with bus… Read More
2019-02-06 08:25
Finding yourself between contracts can be an intimidating experience. What if a new contract never appears? Have I made a mistake going it alone? Do I need to start looking for permanent wor… Read More
2019-02-06 08:00
As I’m sure you’ll know, many members of the inniAccounts team are experienced contractors and freelancers. So this week we’ve put our heads together, put our bookmarks on… Read More
2019-02-06 07:00
Choosing your company’s name is one of the most exciting parts of starting up. There’s an endless choice of options. Descriptive, practical, experimental – it all has its p… Read More
2019-02-04 15:00
Notice anything different? We’re in the process of shaking up our look. You might have spotted a few changes here and there. We loved our old brand, and know many of you felt the same… Read More
2019-01-23 14:39
As a contractor or consultant, it’s important to have the right accountancy service at your side. You already have plenty to be managing. You don’t need to be chasing after an un… Read More
2019-01-09 11:15
IT Project Manager, Matt Townley, is a first-time contractor currently in his first gig. Matt found that the world of contracting was a scary one to jump straight into and from the off was l… Read More
2018-12-04 11:43
Today, you’ll find Nick Griffiths balancing his contracting career in engineering design with a flourishing property business. Here’s how Nick uses inniAccounts to ensure his bus… Read More
2018-12-03 08:30
As all contractors are aware, claiming expenses is a great way of reducing your annual tax bill. When it comes to familiar items like business mileage, office supplies and client lunches the… Read More
2018-11-28 15:23
While your chosen field and role can dictate where you’re able to work from, technology has helped millions of freelancers and contractors gain the freedom to choose how and where they… Read More
2018-11-19 10:09
We know it’s a bit early to be mentioning the C-word. But, many limited company owners are unaware that HMRC allows you to reward your employees (and their partners) with annual events… Read More
2018-11-19 09:03
Innovation. It’s the stuff business success is built on and has long been the bread and butter of highly skilled contractors. Not too long ago coming up with brilliant, game-changing i… Read More
2018-11-14 14:42
So you’ve made the decision. You’re leaving the 9 to 5 slog of permie work behind you, and you’re ready to leap into the more flexible world of contracting. Alongside findi… Read More
2018-11-06 10:37
A five minute walk from Derby city centre, you’ll find our team of 28 doing things a little differently. Here’s our origin story.
For a long time, accounting has been archaic, co… Read More
2018-11-02 08:15
The era of austerity is finally coming to an end, so announced ‘fiscal Phil’ this week as he delivered his pre-Brexit Budget. Despite having plenty of Halloween puns on hand, the… Read More
2018-10-29 16:57
In today’s budget, Chancellor Phillip Hammond announced that he’s extending “off-payroll working” rules from the public sector, into medium and large sized private se… Read More
2018-10-24 08:36
Next year, UK banks will be introducing name checks on all bank transfers in an effort to combat money transfer scams and lower the risk of online payments being accidentally sent to the wro… Read More
2018-10-17 12:35
Like many millennials, when not at inniAccounts, you’ll find me freelancing. This morning, after having a chat with a colleague about Evernote and how it has become crucial to my way o… Read More
2018-10-16 08:10
A good name is worth more than gold, and in the world of business, your reputation is an incredibly valuable asset. Many big companies have teams dedicated to their brand’s management… Read More
2018-10-15 08:16
For those dreary mornings when you can’t wake up and the afternoons when the clocks stopped ticking – we all know the power of a good song to boost your productivity. We asked ou… Read More
2018-10-09 10:04
As a busy self-employed contractor, we know that the easier managing your accounts is, the sooner you get back to doing what you do best.
Here at inni, we like to keep things simple. That&rs&hell…Read More
2018-09-24 13:43
We know that for most people, switching accountants is right down at the bottom of their priority list. But if you’re unhappy with the service your current accountant provides, why sta… Read More
2018-09-10 16:49
Whether your contracts are always inside IR35, always outside or a bit of both – here’s how you can maintain your flexibility as a contractor and easily manage any project with i… Read More
2018-09-05 12:27
You’ve found a project, you’ve had the interview, you’re ready to discuss your potential new contract and keen to ensure your IR35 status is clear within it, where do you b… Read More
2018-09-03 10:32
Plenty of students and graduates might now be wondering over the direction their career will go. Some will have work experience lined up, others might be taking time out and seeing the world… Read More
2018-08-29 13:15
As a contractor, you can operate either through your own limited company or under a PAYE umbrella company. Both options offer many pros and cons, depending on your personal circumstances. As… Read More
2018-08-22 11:43
If you’re a contractor, freelancer, consultant or small business owner you’ve no doubt heard the frequently dreaded word ‘IR35’. One of the most common questions we r… Read More
2018-08-21 07:43
The summer holidays can be tricky for those juggling a career with parenting. At this time especially, dependable childcare is integral to keeping family life on an even keel. As a working p… Read More
2018-08-07 11:16
I know that many of our clients prefer to err on the side of extreme caution when it comes to HMRC and their tax bills. While ensuring your records are in tip-top shape and adequately provis… Read More
2018-08-06 11:35
With more and more people making the switch to self-employment and the market saturated with battling recruitment agencies and umbrellas, putting yourself out there and securing new work can… Read More
2018-08-01 09:22
For the directors of limited companies, the yearly Self-Assessment Tax Return can be a minefield, fraught with confusing terms and routinely put off to the last minute. If you need to submit… Read More
2018-07-30 08:54
We’re delighted to announce that our new iOS and Android apps are here! Designed to bring the efficiency and innovation of inniAccounts right to your pocket. Our apps let you see every… Read More
2018-07-23 11:29
A decent nest egg is a valuable asset to ensuring your success as a contractor. To manage any occasional business lulls, keep yourself cushioned against unexpected difficulties and benefit i… Read More
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