Accountants for Contractors Archives

Why Drone Operators Need Accountants?

Accountants for Contractors, Accounting Issues, Accounting Services / Melissa Norman

Why do drone operators need accountants? In the era of high technology and evolving regulations, drone operators in the UK benefit from the guidance of professional accountants in their business operations. Accountants can provide invaluable support with financial management and compliance, tax planning, business funding, and business consulting. Ensuring proper financial reporting and record-keeping, and […]

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What is Credit Control?

Accountants for Contractors, Accounting Issues / Melissa Norman

Let’s dive into the world of what is credit control. We’ve got a lot to cover, from the options available for collecting debts to the benefits of outsourcing credit control for your business. It’s important to understand the different strategies you can use to chase outstanding payments, such as reminder letters, debt collection agencies, County

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What is Debt Relief Order?

Accountants for Contractors, Accounting Issues, Allowance / Melissa Norman

Wondering about what is Debt Relief Order (DRO) in the UK? Well, DROs are a form of debt solution available to individuals who have a relatively low level of debt, few assets, and a limited income. They provide a way to have your debts written off after a certain period, usually 12 months if your

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What Do Accountants Do?

Accountants for Contractors, Accounting Issues, Accounting Services, accounting software / Melissa Norman

Let’s dive into the world of what do accountants do or how they handle unpaid invoices. Accountants are the financial superheroes of businesses, responsible for managing various aspects of the company’s finances. When it comes to unpaid invoices, accountants are the ones who step in to ensure that businesses can effectively collect outstanding payments and

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What is a P14 Form?

Accountants for Contractors, Accounting Issues, Accounting Services / Melissa Norman

Let’s kick off this discussion about the P14 form with a detailed introduction! The P14 form is an essential document used for reporting and documenting various aspects of an employee’s pay and income. It provides a comprehensive overview of the employee’s earnings, deductions, statutory payments, and student loan details. By accurately filling out this form,

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How to Read Micro Company Accounts?

Accountants for Contractors, Accounting Issues, Accounting Services, accounting software / Melissa Norman

Let’s dive into the discussion about how to read micro-company accounts. Micro-entity accounts are a specialised form of financial reporting designed specifically for small businesses and startups. The concept of micro-entity accounts was introduced to address the unique needs and challenges faced by small businesses, recognising that they may have limited resources and simpler financial structures

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Difference Between W-2 Employees and 1099 Contractors!

Accountants for Contractors / Melissa Norman

People are often confused about the differences between W2 employees and 1099 contractors. It is important to understand the basic differences between them, especially for the hiring managers and recruiters who are part of the developing companies. This will further help to understand the filing skill gaps and choose the suitable option for your company.

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A Basic Guide About Everything You Need To Know About Independent Contractors!

Accountants for Contractors, Business Growth Ideas / Melissa Norman

There are several businesses that are in the struggling period and focusing on their transformation or growth. The workforce for your business cause can be a mixture of employees, contractors and workers. Have you ever considered independent contractors? Or do you clearly understand what is an independent contractor and how that can be beneficial for

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Simple Ways to keep your Accounts Organised!

Accountants for Contractors, Accounting Issues, Bookkeeping, Business Growth Ideas / Jannet

Whether you work as a sole trader or you are the director of your own limited company, it is a dream to be on top of finances and keep your business channelised through it. Now, most of you must be wondering what could possibly be the easy ways and how to keep your accounts organised?

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Understanding Private Equity Fund Accounting

Accountants for Contractors, Accounting Issues, Accounting Services / Jannet

If you are wondering what is private equity fund accounting or what makes it different from other accounting methods, we have got you covered here. Before we delve deep into the discussion, let’s get to know the basics of fund accounting. Basically, fund accounting refers to those methods of accounting that are used for investment

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Accountants for Contractors

Why Drone Operators Need Accountants?

What is Credit Control?

What is Debt Relief Order?

What Do Accountants Do?

What is a P14 Form?

How to Read Micro Company Accounts?

Difference Between W-2 Employees and 1099 Contractors!

A Basic Guide About Everything You Need To Know About Independent Contractors!

Simple Ways to keep your Accounts Organised!

Understanding Private Equity Fund Accounting

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