So it’s a new tax year, however a lot of the rates will be very familiar to us for 2020/21.  In this article, we show you how this works in practical terms and how to be as tax efficient as possible. Salary There are two main scenarios for suggested salary levels: £8,788 if you are […]

With Covid-19 (Coronavirus) having a massive impact on businesses across the UK, it’s understandable that our Limited Company contractors are keen to understand the business support measures that have been announced by the Government. We’ve created a guide to all of the measures that can be read here, and below you can read the answers […]

Under the Government’s Coronavirus business support measures announced this week, it has been indicated that some Limited Company contractors may be covered by the ‘Job retention scheme’ and therefore can furlough themselves if unable to work due to Covid-19. There is a distinction in law between a director with a service contract and a director […]

Updated 26th March – addition of Help for the self-employed Updated 26th March – addition of Ban on evictions for commercial tenants Updated 25th March – addition of 3 month extension for filing business accounts On Friday 20th March 2020 The Chancellor Rishi Sunak announced measures to help UK businesses and individuals due to the […]

Sunak delivers Budget to meet ‘challenging times’ Chancellor Rishi Sunak delivered his first Budget, and the first since the UK’s departure from the European Union, against the backdrop of the coronavirus outbreak. The Chancellor announced a £30 billion stimulus package to support the economy through coronavirus contagion and pledged to give the NHS whatever extra […]

We’re delighted to announce that our sister company SG Umbrella have been added to the accredited members list of The Freelancer and Contractor Services Association (FCSA). This is great news as the use of SG Umbrella is included in our monthly service for all Aardvark clients. To become an accredited member, they’ve had to undergo […]

IR35 in the private sector – where do we currently stand with the changes? We’re starting to get asked more “what is going to happen from April 2020?”… Now that the draft legislation has been issued, we can start to make you aware of the facts based on where we currently stand. What’s all the […]

So, it’s a new tax year and new increased rates for 2019/20. In this article, we show you how this works in practical terms.

Of all the professionals you are likely to encounter as a limited company contractor, your accountant is likely to be the most important.

The 2017 Autumn Budget represents the first step in the government's new Budget regime.

So, it seems that there’s been a u-turn on the plan to increase National Insurance, following the recent Spring Budget 2017.

I have to admit as Hammond started to deliver his Budget Speech, I was anxiously waiting to see what announcements he would make that would impact the contractor and small business industry. However it seems I need not worry this time around, with the main changes being: Tax Free Dividends The £5,000 dividend allowance will […]

Aardvark Accounting has been launched so that clients can focus on what they do best, whilst giving them the support to make the most out of being in business.

As you may be aware there are a number of changes coming into play from April 2017 that will impact contractors.

HMRC will be introducing a new initiative to move all personal and business tax online – Making Tax Digital (MTD).