Our Blog
The Spring Statement 2022 – what it holds for freelancers and contractors
In this blog our MD, Daniel Mepham, shares his thoughts from the March 2022 Spring Statement. A much anticipated Spring Statement was delivered on March 23rd by Chancellor, Rishi Sunak against a backdrop of war in Ukraine, post pandemic super ...
A Limited Company Contractor’s year-end tax checklist
The current tax year ends 5 April 2022, so now is the time to take stock of any unused allowances in order to reduce your tax bill. In this blog we explore the top ten things to consider to ensure ...
How much tax can you expect to pay with an electric car?
Electric cars have never been so popular, and with the recently announced tax band changes now is the perfect time to consider purchasing one. So what are your options and are there any attractive tax benefits? In this blog we ...
The Budget October 2021
Autumn Budget 2021 The Chancellor Rishi Sunak presented his third Budget on 27 October 2021. In his speech he set out the plans to “build back better” with ambitions to level up and reduce regional inequality. Main Budget proposals Tax ...
Taxevo’s tips on how to save money as a freelancer
When you’re busy freelancing and focusing on bringing the money in, you might not be aware of things you’re doing (or not doing) that could mean the money is then slipping back out. In this blog we look at the ...
Treating yourself and staff to a summer social – what you can claim as a business expense
The sun is shining, almost everything is open again and it finally feels like summer, hooray! You’ve worked hard throughout the pandemic and now that we’re all allowed to socialise again, it’s a good time to get out and enjoy ...
When should you hire an accountant?
When you first started your contracting or freelancing career you may have had the capacity to keep on top of your accounting, but as your career grows and your accounting needs becoming more complex you may find yourself needing an ...
What tax will you pay if you’re freelancing on the side?
Whilst the COVID-19 pandemic has caused an unprecedented amount of economical upset across the world, for a few it has given them the opportunity to explore the world of freelancing and what it can offer in terms of a profitable ...
Your tax year-end checklist
Ensure you make the most of your tax-saving opportunities before April 5th. The end of this tax year is almost upon us, so now is the time to act and ensure you’ve done everything you can to reduce your tax ...
Budget 2021 – what does it mean for freelancers and contractors?
Although Rishi Sunak’s budget today didn’t repeal the off-payroll legislation change due in April as we might have hoped, it’s not all bad news for freelancers and contractors. With the economy expected to recover to pre-Covid level by mid-2022, the ...
The VAT Deferral Scheme
February 11th saw HMRC announce their next COVID-19 support scheme for businesses, the VAT Deferral Scheme. Designed to help with cash flow, the scheme allows businesses to defer their VAT liabilities generated between the 20th of March and 30th of ...
Your options when working inside IR35
April’s IR35 reform isn’t too far away, and now is a good time to start thinking about what you’d do if you were to be found inside IR35 and the possible impact this could have on your take home pay. ...