Team Aardvark completed their sky dive for Dorset Mind
Last year the Aardvark Accounting team took on the 3-Peaks Challenge and raised over £2,500 for a great cause. This year we set our sights even higher (15,000ft higher to be exact!), and aimed to raise £3,000 for a charity [...]
Aardvark Accounting is winner of the Best Contractor Accountancy Award 2023
The Contracting Awards for the contractor accountants is what The Oscars are to Hollywood’s A-listers, so you can imagine just how excited we were to be nominated at this year’s awards, let alone WIN! We’re so pleased to be announced [...]
The Spring Budget 2023
Chancellor Jeremy Hunt delivered a ‘Budget for Growth’ after the Office for Budget Responsibility forecast a stronger than expected performance from the UK economy this year with inflation continuing to fall. Driving business investment The Chancellor announced a £27 billion [...]
The Autumn Statement 2022 Full Report – what it means for Limited Company contractors
Since the reversal of Liz Truss’s tax policy changes last month, new PM Rishi Sunak and Chancellor Jeremy Hunt have promised a new statement, concluding that now is the right time to proceed with a package of tax cuts. In [...]
BREAKING NEWS – Repeal of IR35 reforms and back track on Corporation Tax
Jeremy Hunt, The Chancellor of the Exchequer, has today scrapped the plans to repeal the Off-payroll IR35 Reforms, which had been announced by Kwasi Kwarteng on 22 September 2022. As part of his ‘Growth Plan’, Kwarteng had set out a [...]
MINI BUDGET SEPTEMBER 2022
The mini budget - what it means for contractors Well that was a big U-TURN affecting the contracting industry! The (not so) mini-budget delivered by new Chancellor, Kwasi Kwarteng last Friday, had a lot more in it than anyone expected. Repeal [...]
The April 2023 Corporation Tax Rate increases – explained
One of the major announcements from the 2021 March Budget was that Corporation Tax would be increasing from 19% to 25% in April 2023. So what does this mean for Limited Companies? In this blog we take a look at [...]
Aardvark Accounting have been nominated in this year’s Contracting Awards!
We are so pleased and proud to announce that both Aardvark Accounting and our very own Client Director, Louisa Drewett have been nominated in this year’s Contracting Awards! What are the Contracting Awards? The awards celebrate those providers in the [...]
The Spring Statement 2022 – how have Limited Company contractors been affected?
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 [...]
The top 4 tax benefits from adopting a green approach to running your company
With the recent Cop26 climate summit, the environment is currently a hot topic, and sadly not for all the right reasons…So what can you be doing to grow your business but in an environmentally friendly way? Our blog takes a [...]
A Limited Company contractor’s guide to the Autumn Budget 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 [...]
The super-deduction tax relief, explained
As a Limited Company contractor you’ll no doubt find yourself at some point purchasing equipment that’ll enable you to complete your work, and HMRC kindly allow you to offset part of the expenditure against your company profits. As an added [...]
A Limited Company contractor’s guide to the announced dividend tax increase
As a Limited Company contractor you’ll be aware of the recent (and unexpected) increase in dividend tax rates, but how will this affect you? In this blog we explore what has been announced, when it’ll come into force, and how [...]
PAYE due on July 22nd 2021
It’s that time of the year again when you must pay your PAYE bill to HMRC. If you pay monthly be sure to pay your bill by the 22nd of the next tax month, and if you pay quarterly to [...]
Planning on giving freelancing or contracting a go? We reveal how much tax you’ll pay
Has lockdown got you considering your working options and whether a career in freelancing or contracting might be your next great move? If it’s something you’re considering, but you’ve still got a foot in permanent employment, then you’ll need to [...]
Thinking of switching from Limited to Umbrella? Here’s everything you need to know
So the IR35 legislation change has finally happened, and you may now find yourself contracting inside IR35. You’ve decided to use an Umbrella company for your next contract, but what’s the process of switching over and what do you need [...]
Your tax year-end checklist
Ensure you make the most of your tax-saving opportunities before April 6th. 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 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 contractors. With the economy expected to recover to pre-Covid level by mid-2022, the Chancellor set [...]
The VAT Deferral Scheme
On February 11th, HMRC announced that they will be launching a new scheme, designed to assist with businesses’ cash flow, as part of their ongoing COVID-19 support. This scheme will allow businesses to defer their VAT liabilities generated between March [...]
Your IR35 checklist – things to consider and start doing now!
The IR35 reform is coming, and there’s only a few more months before it’ll be here. So what can you be doing now to ensure you’re 100% ready? In this blog we take a look at the IR35 checklist, to [...]