By moving the ownership of the business into an Employee Ownership Trust (EOT), founders can realise financial value over time but preserve the company’s culture, values, and independence for the long run. What are Employee Ownership Trusts? The EOT is a mechanism for transferring the majority of the equity from the owners of the business … Read more
Agency Workers Regulations aim to combat discrimination of people who work for employment agencies, by stating that agency workers should be no less favourably treated in pay and working time than their full-time counterparts, who do the same work. Similar to IR35, the guidance is designed to ensure fair treatment of contractors and freelancers, and ensure that … Read more
Any business worth its salt must have a business plan that outlines various things about the business, and a digital marketing agency is no exception. Certainly, a digital marketing agency business cannot be started and operated using the prepackaged business plans that come in templates, especially if your business is unique, calls for a lot … Read more
This is a guest post from. Alex Sidebottom. Alex is a keen travel writer and explorer of Asian cultures. He has lived in Macau for the last 12 months and is fast becoming a go-to online expert on life in the ‘Vegas of the East’. Alex is looking to broaden his horizons with a stay … Read more
Completing a Self Assessment tax return can be a daunting prospect. That’s why we’ve put together the ultimate guide to completing your Self Assessment. Here’s the outline of what we’ll cover in this guide: Registering with HMRC for Self Assessment. The first step to is to make sure you need to submit a return, and … Read more
Agency Workers Regulations aim to combat discrimination of people who work for employment agencies, by stating that agency workers should be no less favourably treated in pay and working time than their full-time counterparts, who do the same work. Similar to IR35, the guidance is designed to ensure fair treatment of contractors and freelancers, and ensure that … Read more
Our freelance accounting glossary has handy definitions of accounting and bookkeeping jargon – from accruals and aged creditors, to retained profit and written down value. If you’re new to freelancing or running a business, you may hear a lot of words and phrases that are unfamiliar to you. Our freelance accounting glossary will explain some … Read more
The process of applying for mortgages for freelancers and the self-employed can be challenging. Especially as mortgage lending criteria has not kept up with the changes in freelance work and self employment. The freelance community we spoke to have often found that a lot of mortgage lenders make it hard for freelancers to get a … Read more
The Balance Sheet is defined as a document designed to illustrate the state of your business finances at a specific moment in time, and demonstrate its financial stability to Bank Managers and the like. A Balance Sheet will outline your current liabilities alongside your assets to provide a clear indication of the current value of … Read more
Completing a Self Assessment tax return can be a daunting prospect. That’s why we’ve put together the ultimate guide to completing your Self Assessment. Here’s the outline of what we’ll cover in this guide: Registering with HMRC for Self Assessment. The first step to is to make sure you need to submit a return, and … Read more