What Is Accounting?

Traditionally, Accounting has been defined as a process that collects, collates, analyses, interprets and communicates financial data in a prescribed format easily understood by the intended customer. However, Accounting is not an isolated mechanical process; it interacts with the overall financial environment and is interwoven into the business cycle. Today’s Accounting processes provide vital information […]

What is a IR35?

It is a question we are asked by contractors and employers all the time. IR35, or the Intermediaries legislation, was introduced by HMRC in April 2000 to determine whether a contractor is truly self-employed, or if they are deemed as an employee for tax purposes. If the relationship between the worker and the employer would […]