The sheer range of accounting software on the market these days is amazing but, as is the Alchemy way, we like to cut through the fog and give a clear answer. So, here it is: If you’re an individual working as a freelancer, contractor or operating a one-person SME,...
Every year, almost without fail, we hear about the last-minute panic business owners, freelancers and contractors go through as they rush to complete their self-assessment tax returns. This year, around 5,542,000 taxpayers left submitting their 2017/18 returns until...
Computer game development studios have some of the most complex payroll situations of any business. Staff numbers surge as projects gather momentum, usually bolstered with freelance staff and contractors. It’s not unusual for some of those project staff to be...
Businesses working on cutting-edge products or processes can be eligible for corporation tax relief in the form of research and development (R&D) credits. These were launched by the UK government in 2000 to encourage the emergence of the next Dyson or ARM,...
If we’re honest, tax and accountancy are about as far from the business of creativity as it’s possible to get. And the thrill of completing a self-assessment tax return or wading through corporation tax guidance on the HMRC website certainly isn’t why most people...
Bookkeeping isn’t exactly known for its glamour. Indeed, many accountants see it as low value work; some even see it as being beneath them – but the number of business owners that get this wrong, having not been given proper training, never ceases to amaze me....
