The old phrase ‘tax doesn’t have to be taxing’ is true, as long as you appoint a good accountant. As a contractor it is recommended you appoint a specialist contractor accountant, as they will have a more in-depth knowledge of contractor specific tax legislation.
In this section James will introduce you to the tax legislation that is likely to affect you and give you a basic understanding of what you need to be aware of. Don’t worry this is what you appoint Dolan Accountancy for!
If you would like to appoint Dolan Accountancy as your accountants, please visit our become a client page or if you have any questions about contracting please call us on 01442 795100 or email Jaime.firstname.lastname@example.org.
Can I do my own Accounts?
Preparing and submitting your own accounts can be easy – as long as you know what you’re doing! If not then there are plenty of accountants out there who can help and they don’t have to be expensive, you just need to ensure you find the right one for you.Read MORE
Thanks to recent changes, contractors are now able to partake in the new Tax Free Childcare scheme. This means that the government will top up a childcare account with 20% – so for every £8 paid in, you will receive an additional £2 for free.Read MORE
Fortunately, you’re able to take advantage of tax breaks when saving for your pension as a contractor, so not only are you providing for yourself when you retire, you’re also keeping more of your hard-earned pay out of the hands of the taxman. This guide will give you all the information you need to start saving for your retirement.Read MORE
It’s said that there are only two certainties in life – death and taxes. And when it comes to tax, it can often seem like a minefield of complex rules, thresholds and deductions from your hard-earned cash.Read MORE