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Brexit impact on contractor finances

What the Brexit means for your money

Topics: Genie Accountancy, contractors, brexit, eu

Money Management as a Freelancer or Contractor...

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…

Topics: Genie Accountancy, tax saving

Switching from an Umbrella Company to setting up a Limited Company

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....

Pension shake-up following the Summer Budget...

Contractors that earn over £150,000 were dealt a bitter blow in the Summer Budget 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….