Expert Insights
Accounting &
Tax Blog
Practical tax tips, accountancy news, and business advice — written by our accountants for UK businesses.
Can I Pay My Spouse Through My Limited Company?
We are often asked can I pay my spouse through my limited company. The short answer is yes but you need to take good advice first.
Wages in the UK Since 2000: Growth, Inflation & Cost of Living
Over the past 25 years, UK wages have risen significantly in nominal terms, but the picture becomes more complex once inflation, housing costs, and taxation are taken into account. This article explor
Making Tax Digital (MTD) Is Live
If you haven’t taken action to comply with MTD, you need to address this sooner rather than later. If you are not yet within the current income threshold, this is still an important moment. The rollou
Employment Rights Act 2025 – Key Changes and When They Take Effect
The Employment Rights Act 2025 introduces a wide range of reforms aimed at strengthening employee protections and improving job security across the UK. Rather than taking effect all at once, the chang
Companies House WebFiling Security Issue – What Happened
A serious security vulnerability was recently identified in the Companies House WebFiling system, raising concerns about the protection of sensitive company and director information in the UK.
Making Tax Digital - Are You Affected (Infographic)
With Making Tax Digital just around the corner, view our helpful infographic to find out if and when you may be affected.
Making Tax Digital: Are You Ready?
With the introduction of Making Tax Digital just one month away, you need to find out if you're affected and how to prepare.
Making Tax Digital: What You Need To Do
Making Tax Digital comes into effect in April 2026. Find out what you need to do to prepare, and how our specialist accountants can help.
3 Ways To Make Your Tax Return Easier
Your SATR can be handled without the panic. Here are our top tips to help contractors prepare for and submit their tax return with ease.
Autumn Budget: What It Means For You
Chancellor Rachel Reeves has delivered the 2025 Autumn Budget, outlining a package aimed at restoring fiscal stability.
Payments On Account - What Are They & How To Manage Them
Payments on account are advance payments towards your Income Tax and Class 4 National Insurance Contributions (NICs) for the current tax year.
7 Mistakes New Contractors Make - And How To Avoid Them
Starting out as a limited company contractor? Here are 7 mistakes limited company contractors make in the early days and how to avoid them.
Autumn Budget Scheduled - Here's What You Need To Know
The Autumn Budget 2025 will take place on Wednesday, 26th November 2025 here we set out how this might affect contractors.
How To Use Your Accountant To Support Your Freelance Career
Our specialist contractor accountants can do so much more to help you succeed as a freelancer or contractor.
Saving For Tax - 3 Strategies To Help You Plan Ahead
Paying tax as a limited company director entails putting money aside. Use these 3 strategies to help you save for tax.
Update on Changes to P&L Filing For Small Businesses
The UK government’s proposed changes to profit and loss (P&L) filing for small companies - part of the Economic Crime and Corporate Transparency Act 2023 - are now under review, and there’s a good cha
How To Work Tax Efficiently in 2025/26
Whilst the government has significantly reduced tax allowances for limited companies in recent years, careful planning means directors can still be more tax-efficient than sole traders or employees. I
The Impact of the Employer National Insurance Increase on Off-Payroll (IR35)
At the start of April, contingent labour supply chains across the UK faced a rise in National Insurance (NI) contributions. This legislative change encouraged careful planning and strategic adjustment
Spring Statement 2025 - Key Implications for UK Businesses
Earlier this week, Chancellor, Rachel Reeves delivered the government's 2025 Spring Statement. From the perspective of small business owners and contractors, the Spring Statement offered limited chang
Autumn Budget 2024 - What It Means For Your Business
The tapering of Capital Gains Tax rates may provide some relief for smaller businesses planning closures or for investors seeking to liquidate assets before the end of the tax year. While the discount
How To Invoice Your Clients Correctly - Our Helpful Tips
If you’re using FreeAgent, which is included in our contractor accountancy packages, you can select from a choice of invoice templates. See these helpful guides on how to set up your first invoice in
How To Pay Yourself As A Limited Company Director: A Comprehensive Guide
In this blog, we’ll cover each of these strategies in detail, explaining how they work, how they're taxed, and when they might be most beneficial for you.
Workwell Accountancy Shortlisted For Industry Accolade
The Contracting Awards recognise excellence in our industry. We are particularly pleased to be shortlisted because a record number of submissions were received for this year’s awards. The organisers s
What Is IR35 & How Might It Affect You?
While many people choose to use a limited company for reasons other than tax (credibility, protection from personal liability etc), IR35 legislation gives HMRC the ability to unpick an arrangement the
What Expenses Can You Claim For Working From Home?
With home working still popular, find out how to claim expenses related to working from home when you are a director of a limited company.
How Do Dividends Work?
Most contractors who operate via their own limited company pay themselves a mixture of salary and dividends as this is usually tax-efficient.
Guest Post: How To Get Control Of Your Time
How to get control of your time as a self-employed professional. Tips to help you ensure your freelance business can thrive.
How To Be A Successful Sole Trader
Working as a sole trader is a really simple way to work. Here we explain how to operate as a sole trader how to pay tax as a sole trader.
Self-Employed Spend 5% Of Their Time On Finance Admin
Contractors and freelancers spend 5% of their working hours a month dealing with finance administration issues.
Expenses guide - getting started
To run your business and generate income you may have to pay out various costs. Some of these costs can be deductible against your business income (and thus lessen your tax liabilities) and some canno
What can be claimed against the business income?
In order to produce a profit and loss account and calculate taxes due, a business may claim expenditure that they incur whilst carrying out the trade they are involved with. The main thing to remember
Spring Budget - What It Means to You
Here's our summary of what yesterday's Spring Budget means to self-employed people and limited company contractors.
Contractors Focus on Cash Savings At Expense of Pensions
Contractors and freelancers are focused on building up cash savings but that is hitting retirement savings, research from Workwell shows.
Webinar: How to be a successful sole trader
Join Workwell Accountancy and IPSE on 21st March from 12.30pm to 1.30pm for a webinar on how to be a successful sole trader.
More Than Half of Self-Employed 'Over Service' - Research
Freelancers and contractors are regularly doing more work they are paid for according to new research from Workwell.
Late Payment Concerns Rise - Workwell & IPSE Research Findings
Workwell research shows contractors and freelancers are becoming increasingly concerned about late payment of invoices.
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Our accountants write about the things that actually affect your business — tax changes, deadline reminders, and practical tips. No jargon, no filler.