Blog

How to calculate your take-home pay as a contractor

November 30 2018 @ 11:04 am by Sam Wright

Take-home pay calculators can be key, particularly when it comes to estimating your finances and working out what you could, and should, be getting paid as a contractor or freelancer. When applied appropriately, take-home pay calculators can provide valuable information about your earnings. This information allows you to make accurate predictions and estimations, and put […]…

How to choose an Employment Umbrella Company

November 23 2018 @ 1:56 pm by Sam Wright

When it comes to payroll providers, your main options are PAYE through your agency or an Employment Umbrella company. There are plenty of Umbrella companies out there and choosing the right one is an important decision for you and your career. Furthermore, it’s one that could have a major impact on your financial future. The […]…

How to Change your Accountant

November 16 2018 @ 10:01 am by Sam Wright

So, you’re looking to change your accountant? Choosing who to entrust with your business’s finances is a crucial decision. It’s one that can leave a long-lasting legacy – positive or negative – on your business’s future. The best accountants can save you time, money, and help your business thrive. Whereas, the worst could deprive you […]…

3 things to consider when taking on your first employee

November 09 2018 @ 9:50 am by Sam Wright

Taking on your company’s first employee is a significant moment in the development of your business. Every entrepreneur can remember the day they hired their first member of staff – just ask the Wolf of Wall Street. As important as this milestone is, administrative challenges, legal complications and customary red tape can pull you and […]…

Making Tax Digital: Trick, or Treat?

October 31 2018 @ 9:29 am by Sam Wright

Tax returns can be scary at the best of times. Even more so if the words ‘digital’ or ‘electronic’ are involved in the undertaking. But while you may not be completely up-to-speed with Making Tax Digital, or the latest accounting technology – and who can blame you? – your accountant most certainly should be. Here […]…

Which expenses are you entitled to if you’re self-employed?

October 26 2018 @ 9:37 am by Sam Wright

From pencil cases to parking payments, there are plenty of costs associated with self-employment. The good news is, many of these costs are classed as ‘allowable business expenses’ and can be deducted before you work out your annual taxable profit. So, in practice, if you earn £35,000-per-year and you claim £5,000 in allowable business expenses, […]…

Calling All Bloggers & Creators; Declare Your #Influence to HMRC

October 19 2018 @ 10:00 am by Sam Wright

Last year, almost 30,000 people earned revenue from their content and influence online, according to HMRC. Within the next 18 months, that figure is expected to treble. Successful collaborations between brands and influencers tend to strike a balance between organic and ‘paid-for’ content. They serve to entertain, increase awareness and, ultimately, generate sales and revenue. […]…

‘Dear Danbro, Should I Incorporate My Business?’

October 12 2018 @ 10:00 am by Sam Wright

From our very own sole trading clients, to those who are just starting out in business, here at Danbro we’re often asked about the benefits of incorporating a business into a limited company. Whilst incorporation can have advantages for contractors, freelancers and small business owners, it doesn’t necessarily suit everyone. So, should you incorporate your […]…

The Rapid Rise of the ‘Other’ Selfie Culture

October 05 2018 @ 10:00 am by Sam Wright

Here in the UK, we’re surrounded by selfies! And not just teenagers with sticks adjusting their reflected photos with emojis and filtered dog ears. Since the turn of the century, the number of self-employed workers in the UK has risen to record levels, and it’s an increase which shows no signs of slowing.   Self-Employment […]…

The Relationship Between Umbrella Companies & The Apprenticeship Levy

September 28 2018 @ 2:29 pm by Sam Wright

The Apprenticeship Levy – in particular how it is being applied by Umbrella Companies – is a complex piece of legislation, and one that is causing considerable confusion amongst some in the industry. Unite, one of UK’s largest workers’ unions, recently called for a “crackdown” on the alleged profiting of Umbrella Companies from Apprenticeship Levy […]…
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