What the Brexit means for your money
Prior to making the decision to the start up your own Limited Company, read our advice on managing your money;
Money management as a freelancer or contractor
Working for yourself as a contractor is exciting and can be hugely rewarding. With the autonomy and control comes a need to manage your affairs and finances. Think about the following money management tips to help you take control of your finances…
Here at Genie Accountancy, we love hearing from happy clients. Have a read of the below & find out why making the decision to move from umbrella to setting up their own limited company was the best route for one of our clients....
Contractors that earn over £150,000 were dealt a bitter blow in the
in July, as the Chancellor attempted to balance his cuts to welfare and benefits with a reduction in the pension allowance for Britain’s highest earners.
If you fall in to this highest pay bracket then you will have your annual pension allowance cut at a rate of £1 for every £2 you earn over that £150,000 threshold, effectively leaving those earning £210,000 per year with just £10,000 annual allowance from April 2016.
We spoke to one of our clients here at Genie Accountancy, Adam. He discussed with us why moving from a permanent role to contracting and trading through his own Limited Company made life so much easier and enjoyable.
Have a read of Adam’s story….