A UK IT contractor working in the public sector recently won his appeal against Her Majesty’s Revenue & Customs (HMRC). The dispute was over a £27,000 tax bill he was hit with thanks to IR35 rules. A sound knowledge of IR35 legislation helped this contractor win his case, and the win has since cast further doubt on HMRC’s interpretation of IR35. If you’re concerned about falling within IR35 we suggest you read on.

We are currently in an interesting time within the British mortgage market cycle. According to figures produced by HM Land Registry in February 2018, over the last 12 months, house prices across England have increased by 4.1%, yet London has shown a decline of 1.0%. With Brexit on the mind of many, and London seen as the financial hub of Europe, it is not surprising to see the impact of this within the data.

If your business imports or exports, you inevitably have to deal with foreign currency payments. Due to currency fluctuations, this forex exposure can end up costing your business and affecting your bottom line. However, there is a solution: Currency hedging can be used to protect your business against exchange rate volatility, ensuring your cash flow is always protected.

The ease of doing business, skilled workforce and potentially high return on investment are just some of the reasons entrepreneurs from all over the world flock to the UK to set up businesses. While the idea may initially seem daunting for those not born and raised in the UK, with a little guidance and advice, the process can be smooth sailing and hugely rewarding.

Many people see a working holiday in the UK as the perfect way to fund their dream of travelling the world. A working holiday also allows you to gain international work experience, grow on a personal level and give you a whole new perspective on life and the world in general. Here are some great reasons why you should take the plunge and spend a few years working in the UK.

If you’re the owner of an SME in the UK, you’ve probably considered employing a Financial Director (FD) at some point. Although a valuable addition to your business, not many SMEs can afford to, or even need to, fill this position full-time. The truth is, depending on your business, you may be able to be equally successful without appointing an FD.

When it comes to UK visas, there’s one that remains universally popular: The UK Ancestry visa. There are many reasons why this visa is often thought to be the best visa for people looking to live and work in the UK. From the relatively easy to satisfy eligibility requirements, to the fact that it lets you bring your partner with you to the UK, it’s little wonder this visa is so prized among people with British-born grandparents.

Smaller businesses naturally have fewer resources than their larger counterparts. This often means that the accounting gets pushed to the wayside until it can no longer be ignored. It may not seem like the most exciting part of running a business, but it is extremely important. In this article we’ll look at some of the most common accounting errors that occur in small businesses, and what you need to do to ensure they don’t put your business at risk.

If you have a business with overseas suppliers, work abroad or make regular international money transfers for a pension or mortgage, you’re going to need to send money overseas. Currency exchange can be confusing and there’s a lot to think about before you start transferring. To help you navigate the minefield of foreign exchange, we’ve put together some useful tips to keep in mind when making international transfers.

Self-employed individuals are the fastest growing section of the UK workforce. However, a recent survey of self-employed UK contractors found that, surprisingly, almost three quarters do their own accounting. The survey also found that doing your own accounts can lead to a lot of gnashing of teeth and incorrectly filed returns. Luckily, as with most things in life and business, there is a solution.