Blog

Limited Company or Umbrella Company?

August 20 2019 @ 10:19 am by Sam Wright

If you’re a contractor, freelancer, or fancy becoming a business owner, it’s important to know your options. In a world of clients and contracts, there are two main types of payment structure. Limited companies and umbrella companies. But how do they compare, and which one should you choose?   What’s the difference between choosing Umbrella […]…

Open Banking: Is Your Accountant Ready?

July 02 2019 @ 10:46 am by Sam Wright

Is your accountant ready for Open Banking? Some larger, small business accountants have revealed that their software won’t be compliant with the new regulations. This could have a profound impact on their contractor and freelancer client base. Firms such as Wave have also announced that they’ll not be building any further software – beyond their […]…

How to get the most out of donating to charity

June 27 2019 @ 9:37 am by Sam Wright

Do you donate to charity, either personally or through your business? If so, you could be claiming tax relief on your generous contributions. While you may have come across things like Gift Aid before, do you know how it works? And, are you aware of the many other options available to you when donating to […]…

Danbro’s Employment Umbrella

May 17 2019 @ 11:43 am by Sam Wright

Danbro Employment Umbrella At Danbro, we’re more than payroll providers, we’re employers. For decades, our employment umbrella has provided contractors like you with the security and reliability of continuous employment. We offer the benefits – over and above those which are statutory – and protection of full-time employment. It’s flexible too. Not only for you […]…

Getting paid if you’re Self-Employed

May 09 2019 @ 10:00 am by Sam Wright

For self-employed people, getting paid doesn’t always carry the same certainty as it does for those in full-time employment. Understanding when payments get made and managing pay from many employers is tough. Add to that the challenge of maximising your pay whilst safeguarding against ‘worst case scenarios’, and it can prove even more tricky. Many […]…

What is an Umbrella Company?

April 23 2019 @ 9:00 am by Sam Wright

In an ever-expanding contractor market, concerns over long-term financial commitments, frustration at a lack of holidays or maternity / paternity pay, and a general unease about making ends meet between contracts, will be familiar to most people in self-employment. For many, the freedom that freelancing affords is countered by the responsibility, not to mention uncertainty, […]…

‘Dear Danbro, Should I Incorporate My Business?’

April 11 2019 @ 10:00 am by Sam Wright

From our very own sole trading clients, to those just starting out in business, we’re often asked about the benefits of incorporation. Whilst it can have huge advantages for contractors, freelancers and small business owners, it doesn’t suit everyone. So, should you incorporate your business and what do you stand to gain from doing so? […]…

Understanding Your Tax Code

April 05 2019 @ 1:02 pm by Sam Wright

Whether you’re a contractor or permanent employee, understanding your payslip can be confusing. It’s easy to focus on the bottom line, but your tax code is something that shouldn’t be ignored. You ought to be aware of the code that applies to you, however, you’d be forgiven if your tax code knowledge is somewhat lacking. […]…

How do I claim my CIS tax back?

March 25 2019 @ 11:29 am by Sam Wright

If you’ve had tax deducted as part of the Construction Industry Scheme (CIS), you could be missing out on money you’re entitled to! With the new tax year just a couple of days away, the time to claim your refund is fast approaching. While you can complete your return individually, some people avoid or delay […]…

‘My Franchise Journey’, with Jane Maudsley

March 20 2019 @ 12:30 pm by Sam Wright

Jane Maudsley is the Founder and Franchisor of Little Voices, one of the UK’s leading organisations for ‘performing arts training’. She is also a mother, a trained opera singer, and an active and supportive member of EWIF (Encouraging Women Into Franchising). Danbro recently caught up with Jane to discuss her career, the challenges she’s overcome, […]…
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