Running your Company
Running your own limited company can seem daunting at the beginning however with help from a good specialist contractor accountant, you shouldn’t have anything to worry about. In this section James shares a number of guides on topics his clients tend to ask her about on a day to day basis.
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.
How to Invoice a Client
As a contractor you will need to be able to invoice clients correctly, making sure you look as professional as possible, as well as ensuring you get paid on time using methods such as establishing your payment terms.Read MORE
Top 5 websites to find freelance work
As a contractor, one of the most important factors to take into consideration is how you will go about finding work. Being self-employed means that you will gain so much in terms of skills and experience because of the fact that you will be working on new contracts on a regular basis and therefore working with lots of different people in various industries – freelance job websites are an excellent source for finding these contracts.Read MORE
Advice on Setting your Contract Rates
As a contractor you will need to ensure that you are motivated enough to get out there and find your own work on a regular basis. This also means having to set your rates for these contracts. When it comes to calculating how much you will be charging each client you will need to research other similar contractor’s rates of pay, as well as taking into account factors such as how sought after your skills are and the supply and demand for them.Read MORE
How to Trademark a Company
Many limited company contractors may assume that once a business has been registered they automatically own the legal rights to the name and logo, however, in order to protect your brand, you will need to obtain a registered trademark, which is easy to do for a small fee.Read MORE
Advice on Chasing an Unpaid Invoice
When it comes to being self-employed, there is a slight risk when it comes to ensuring that clients pay you on time, however, there are methods to help with this situation, as well as steps to take to prevent this happening, such as requesting payment or a deposit upfront.Read MORE
What to do if a Client Cancels a Contract
Although as a contractor you won’t have the same employment rights as a permanent worker, there are ways of protecting yourself should a client cancel work. This can be achieved by ensuring you know your rights as a contractor and by creating your own terms and conditions contract for both you and the client to sign.Read MORE
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