Barry Adams

#consultanttip - Keep a buffer. Many consultants have minimal expenses so they take out all of the money from the business. This may not only be very inefficient from a tax perspective, but also makes it difficult when you get a larger than usual tax bill. focusaccountancy.co.uk

At Focus we specialise in accountancy services for contractors, freelancers & consultants. We do Payroll, VAT returns, Tax returns, Salary & Dividend planning, Auto-Enrolment administration and much more. Contact us: focusaccountancy.co.uk/services #accountingandaccountants

Unsure of whether you can claim something as an expense? Then read our full A-Z guide to expenses from @freeagent for more information - or contact us directly of course! focusaccountancy.co.uk/post/can-i-cla… #accountingandaccountants

Contractors, freelancers and consultants: make sure you get paid on time. Make your invoices easy to understand and include all essential information, especially your bank details. For more tips on how to get paid on time: focusaccountancy.co.uk/post/get-paid-… #accountingandaccountants

We're delighted to share this testimonial from one of our clients, Rachel Everington. For more reviews and case studies, feel free to go to our website: focusaccountancy.co.uk/reviews #accountingandaccountants

#contractortip - Don't miss HMRC deadlines! Submitting returns late will flag up your affairs with HMRC and makes a tax investigation much more likely. Even if HMRC finds nothing in an investigation, it can take up a significant amount of time and money. focusaccountancy.co.uk

If you want to know what it's like to work with us, do check out Yell for lots of honest customer reviews: yell.com/biz/focus-acco… #accountingandaccountantss #freelancers #contractors #consultants

We like to complete your tax returns as early as possible. This avoids penalties and gives you more notice of any taxes due. Help us to help you by getting us your information as soon as possible after 5th April/your year end. focusaccountancy.co.uk #accountingandaccountants

Starting as a contractor or freelancer? Value your time! Don't waste it on doing things that someone else can do for less money. Focus on income generating activities and outsource the rest. For more tips on starting out as a contractor see here: focusaccountancy.co.uk/post/tips-for-…

At Focus Accountancy we are 100% paperless. This saves us and our clients money, is good for the environment, reduces mistakes and the risk of virus contamination. It's a true win-win for everyone. focusaccountancy.co.uk/post/we-are-pa… #taxaccountant #accountingandaccountants #ecofriendly

#freelancertip - Increase your prices. Many contractors feel like they can't increase their rates because they're afraid they'll lose clients but this is often not the case. Get in the habit of increasing your prices every year. focusaccountancy.co.uk #accountingandaccountants

We're proud that not only do we have a diverse team, but we are also working with clients from all over the world. We can adapt to your needs, and as you can see there is still plenty of 'free space' on the map. Join us at focusaccountancy.co.uk #accountingandaccountants

To prepare and submit VAT returns successfully, you need to make sure you know how to correctly record sales and purchase transactions with businesses outside the UK, now that the UK has left the EU. Find out everything here: focusaccountancy.co.uk/post/how-to-re… #accountingandaccountants

Starting out as a contractor or freelancer? Be active in your industry. This will ensure people know what you do and that you're available for work. For more tips on starting out as a contractor see our full article here: focusaccountancy.co.uk/post/tips-for-… #accountingandaccountants

We're delighted to share this testimonial from one of our clients, Richard Harrison. For more reviews and case studies, feel free to go to our website: focusaccountancy.co.uk/reviews #accountingandaccountants

#consultanttip - HMRC allow 'trivial benefits' to employees, provided they are less than £50, not cash/cash equivalent and not performance/work related. As a director of a limited company, you could give yourself up to 6 of these trivial benefits per year. focusaccountancy.co.uk/post/trivial-b…

At Focus we're always looking for ways to make life easier for ourselves and our clients, and with @FreeAgent and @Accountancymgr that is working very well, as you can see from this client's reaction. focusaccountancy.co.uk #taxes #taxaccountant #accountingandaccountants

Contractors, freelancers and consultants: make sure you get paid on time. Set clear payment terms before starting a new project. For more tips on how to get paid on time, read the full article here: focusaccountancy.co.uk/post/get-paid-… #accountingandaccountants

From tax relief on the contributions to being able to pass on your funds to your family - there are many benefits to contributing to a pension scheme for company directors. focusaccountancy.co.uk/post/business-… #accountingandaccountants #taxaccountant #financialplanning #pension

We're delighted to share this testimonial from one of our clients, Matt Wills. For more reviews and case studies, feel free to go to our website: focusaccountancy.co.uk/reviews #accountingandaccountants