October 18, 2017

Online Cloud Accounting

5 reasons why you should move your accounting to the cloud

Cloud accounting has changed the way small businesses manage their finances by modernising and simplifying the accounting process. Sophisticated cloud-based software like FreeAgent, makes it easy …

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September 3, 2017

Consulting as a way of working

Working as an IT Consultant – What are the Benefits?

By combining information technology expertise and business knowledge, IT consultants continue to be in high demand across the UK. Working as a consultant comes with many benefits and for the ambit…

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August 11, 2017

A male freelancer on a business call

Tips for staying on top of your finances as a freelancer

ACCOUNTING FOR FREELANCERS
When you’re busy working as a freelancer, the task of bookkeeping can often get pushed to the bottom pile of things to do. But effectively managing your finances as a f…

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July 17, 2017

Male contractor thinking at his desk

5 Steps to Setting Your Contract Rate

An important aspect of working as a contractor is deciding what you’ll charge for your work. Negotiating a good contract rate is vital for all contractors and freelancers, regardless of what ind…

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June 16, 2017

Contractor using technology to do work

What contractors need to know about online accounting

What is online accounting?
Accounting might be the last thing you think about when you start your journey into the world of contracting, but once the ball starts rolling its evident how important g…

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May 27, 2017

Professional working at home on their laptop

Becoming A First Time Contractor

Should I stay in permanent employment or make the move to contracting?
There are many reasons why people consider making the move to contracting, not least the many rewards and benefits it can offe…

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April 28, 2017

Spring Budget 2017 Savings

Spring Budget 2017: ISA Allowance & Dividend Allowance

By now I’m sure that you have been made aware of the tax changes for the 2017 to 2018 tax year. If you are unaware of any of the recent ISA allowance changes and would like to learn more, please…

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March 23, 2017

advantages of online accounting

The advantages of online accounting for IT contractors

Come April 5th 2017 the new tax year begins, so now is a good time to get your business ready for the year ahead. For IT contractors the simplest way to keep your books in order is by using online…

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February 24, 2017

Business Expenses

Limited Company Business Expenses – what can you claim?

In the course of running your own Limited Company expenses can build up, but as the director of your business you are entitled to receive tax relief on some of these costs by claiming business exp…

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January 31, 2017

company director

Directors’ Responsibilities in a Limited Company

For many people, opening a Limited company can be quite daunting, in terms of your workload, your commitment, and the responsibilities that come with it. However, like anything, preparation is the…

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December 13, 2016

1st-resized

Are You a Consultant or a Contractor?

There are many terms that individuals often associate with being self-employed, e.g. a freelancer, a contractor or a consultant. However, many remain unclear and unsure as to exactly which one the…

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November 29, 2016

autumn_statement_2016

Autumn Statement 2016: A Contractor’s Perspective

With Britain in a state of uncertainty since the country’s vote to leave the EU, the 2016 Autumn Statement was highly anticipated to determine the government’s post-Brexit plans for the econom…

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November 8, 2016

Limited company

The Choice of an Umbrella Company or the Freedom of a Limited Company

Many contractors often struggle to decide whether to use an umbrella company or to set up their own limited company. There are many factors involved, however, it depends on what type of person you a…

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October 11, 2016

shutterstock_188334569

Cloud Accounting Versus Traditional Accounting

Choosing an accountant or an accountancy service is a very personal decision. Correct financial management can make or break a freelancer’s career. But what are the things you need to consider whe…

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July 18, 2016

multitask

The Difficulties of Working Freelance

So you want to work freelance?

Many dream of working for themselves as a freelancer, contractor or consultant. They envisage being their own boss, setting their own schedules, and middle of the…

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June 10, 2016

shutterstock_378468136

Brexit: A Freelance Perspective

The looming EU referendum is an extremely current topic in the UK at the moment. Its potential outcome is being discussed everywhere from in the media to pubs, offices and living rooms. As freelance…

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April 13, 2016

taxes crop

The Panama Papers: A Freelance Perspective

A groundbreaking tax leak
Over the past few weeks the ‘Panama Papers’ leak has brought issues surrounding taxation and tax avoidance to the forefront of media coverage. This blog post will disc…

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March 17, 2016

downing street 2

2016 Budget: What will it mean for Contractors, Freelancers and Consultants?

The 2016 Budget has been announced
We’ve all been waiting with bated breath for George Osborne to announce his 2016 Budget. This is one of the most important days of the financial year because it…

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February 29, 2016

crop 2

Our Top 5 Benefits of Using FreeAgent Software

FreeAgent with 1st Online
FreeAgent is a great piece of software which 1st Online use to power their accounting solutions. It is specially designed for contractors, freelancers and consultants; pro…

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February 9, 2016

hands

What Makes A Good Freelancer?

Have you got what it takes?
Freelancers, contractors and consultants are a special breed of professional. For the right sort of person, working for yourself can be liberating and rewarding. But thi…

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January 20, 2016

coins

Freelance market changes in Q1 of 2016

Q1 of 2016

At 1st Online we make the business of freelancers our business. Here is our educated summary of the freelance market changes in Q1 of 2016. It’s worth paying attention to these cha…

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January 7, 2016

contractor_taxes

The Finance Bill 2016: What Contractors Need to Know

What is the Finance Bill?
The Draft Finance Bill 2016 (released 9th December) has confirmed the taxation changes suggested in the 2015 Summer Budget and the Autumn Statement. These changes are ex…

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