Lucinda is our Head of Accounting and has been helping startups and small businesses with their accounting for over 12 years. Since Lucinda joined the Crunch team in August 2015, she’s worked tirelessly to ensure our industry-leading accounting processes are streamlined and accurate.
We all agree that donating to a charity is good for everyone but did you know that there are tax-efficient benefits to donating? We take a look.
Small businesses and freelancers alike need to wise up to the tax implications of subcontracting to workers abroad. We explore.
How to stay on top of the deadlines for your tax filings as a freelancer, contractor or small business in the UK.
There are many different tax rates in the UK affecting both individuals and businesses - we've pulled them all together so you can keep on top of them.
Expenses are great. By claiming all your allowable expenses, you reduce your company profits, meaning less tax to pay on them. Here's what to do.
If you pay for something for your business with your own money don't forget to claim it back as a business expense, we show you how.
Confused by P11D forms? Unsure whether you need to file one? Want to avoid the common mistakes? Read our articles and you'll be an expert in no time.
Payment on account is not something that is widely known about among people who have never been part of the Self Assessment system. Learn more now!
Although the ins & outs may be tricky to grasp for first-timers, the sooner you get your head around the HMRC VAT system the sooner you can benefit from it.
This article will cover exactly what a director’s loan is, the HMRC rules, and your tax obligations. So you'll avoid any problems or unexpected tax bills.
Thinking about contracting in Europe or further afield? Learn all about your tax liabilities and how to maximise your take home pay working abroad.
Here's how to make sure you're paying the right amount of tax when deciding to freelance on the side, and how to stay in HMRC's good books!|Here's how to make sure you're paying the right amount of tax when deciding to freelance on the side, and how to stay in HMRC's good books.
Want to make this tax year the most profitable yet? Our top financial resolutions and guidance will set you on the course to success.
Find out how the Spring Statement 2023, made by Jeremy Hunt, will affect you or your business
What's the most tax-efficient salary to take as a company director? Here are the benefits of taking a high or a low salary, without the jargon.
Dividends are payments made to company shareholders from company profits after corporation tax. If you run a ltd company they can be really tax-efficient.
When you are self-employed, or director of your own Limited Company, it can be baffling to know how to claim back business mileage.
If HMRC decide your contract is inside IR35, it can be a costly and time consuming. We look at the best ways to ensure you're not caught out.
If you don’t file your Self Assessment and pay any tax due by the deadline you’ll face fines – and potential extra penalties. Here's all the info.
We take a closer look at how the new Flat Rate VAT scheme and the Limited Cost Trader test will affect you if you’re a VAT registered small business.
A company year end can be a daunting undertaking for first-time limited company directors. However it needn't be the end of the world. Here's what you need to know to get your year end accounts sorted.
Find out the details on the Autumn statement 2022 and the whole raft of changes affecting individuals (employees, directors and self-employed) and businesses.
There are advantages and disadvantages to each approach, particularly when it comes to tax issues. Here's what you need to know!
Are you planning on hosting a summer party for your employees this year? We look at the exemptions that are awarded to you by HMRC and the rules.
The Chancellor, Rishi Sunak, delivered his annual Spring Statement on 23rd March 2022. Major changes to UK taxes and allowances are usually announced in the Autumn Budget.
Professional support is available if repaying a COVID-19 Bounce Back Loan is proving tricky.
A new inquiry on the implementation of IR35 rules in the private sector, and how these rules are working in practice, has been launched.
Changes to the National Living Wage, dividend tax rates and Universal Credit were all announced in the Autumn Budget 2021.
The government has delayed MTD for ITSA until 6 April 2024, with MTD for general partnerships postponed to 2025 in the aftermath of COVID-19.
The UK government have announced an increase to National Insurance and Dividend Tax, which come into effect in 2020.
HMRC will allow you to apply for the fifth and final COVID-19 Self-Employed Income Support Scheme grant (SEISS) in July 2021.
Get your small business insured in minutes. With our low premiums & low excesses, you’ll be amazed how affordable business insurance can be. Contact us now!
When is a business classed as an intermediary, and what does this mean for intermediary businesses and contractors? Our article has the information you need to know about employment intermediaries, whether your business is one, and what is expected of you if you are.
So, you're a small business owner who is VAT registered. Therefore, you have to add VAT onto your invoices or the goods you sell.
Limited companies are governed by the regulations contained in the Companies Act 2006. All company registration & records are managed by Companies House.
Why use online accounting software when you can download an Excel spreadsheet for free? Well, the reasons are numerous.
A handy side-effect of the entrepreneurial zeal sweeping the country is that there are now many schemes in place specifically to help small businesses.
Filing early will mean you avoid the mid-January dread felt by many freelancers & contractors, and enjoy a well-earned worry-free rest over the holidays.
Bookkeeping software may not be able to make bookkeeping fun, but it can definitely make it much easier. Here's a few ways how.
Freelancer, contractor, or small business owner looking to reduce outgoings and increase productivity? There’s a new solution - Crunch Free!
Planning on registering yourself as self-employed? Here are the boxes you need to tick to make sure you stay in HMRC’s good books.
If you are running a limited company without a shareholder's agreement, you'll want to read on about this important legal documentation and why you need it.
HMRC's systems can be a little tricky to navigate, and you might not always know which department you're looking for. Thankfully, we've compiled a handy guide to point you in the right direction.
We take a look at the pro's and con's of subcontracting and how it can be utilised by freelancers who need a bit more help with projects.
What are your options when you are working as a contractor? We take a look at the pro's and con's of both agency work and finding clients directly.
Some clients insert non-compete clauses into contracts, curbing your freedom to work. But you don’t need to be held captive. We explain without the jargon.
Freelancers need all the legal advice they can get. Here are six things you need to know (but might be afraid to ask your lawyer).
What are zombie companies and are they necessarily bad for business and the economy? We take a close look at them and what to do if you become one.
Claiming back money spent is one of the biggest perks of being self-employed - but you can't just claim everything. What's the deal with lunch expenses?
What is leasing? And how do you go about leasing through your limited company? We explore your options and the pro's and con's.
As a limited company, your travel expenses are generally allowed as a business expense where all of the following conditions apply you are responsible for paying the travel costs, the travel is necessary for your work. Find out more here!
Find out what's actually on a Limited Company Statement of Financial Position (formerly referred to as a Balance Sheet), and why you might need one.
If possible, you should always asked to be paid in your native currency, as an appropriate rate elsewhere can be a very low rate in the UK.
If you’re hoping to start the new tax year afresh, a full check-up like this will give you some sound knowledge of your business and what you could be achieving, leaving you confident and assured about the future.
If you've undertaken some R&D work, or even if you’ve worked for another company on a project, you could be due Research and Development tax relief.
From 6th April 2020, all new agency workers must be given a ‘key information document’ (KID) before agreeing terms with an employment business or agency.
Do you find Real Time Information confusing? We show you how you can download PAYE tools and how to use them in order to make your filing simpler.
Recent changes to the way you claim travel and subsistence expenses have left small business owners bewildered. We take a close look.
HMRC set rules which will determine whether you have the right to claim travel and subsistence expenses whilst you work - check out our guide.
In the 2014 Budget, the government revealed they were handing new powers to HMRC to recover debts. We look at the legislation and what this means.
Received an email about a tax refund and not sure it's real? We'll teach you how to recognise and deal with HMRC tax refund email scams quickly and easily.
I have been with Crunch for many years. I wanted to express my appreciation for the exceptional services provided by Crunch. Their professionalism, attention to detail, and expertise have been invaluable in managing my finances effectively. Working with them has been a pleasure, and I highly recommend their services to anyone seeking reliable and knowledgeable accountants.
MoreAs someone that’s new to being self employed, Crunch made the whole set up process easy. From my initial call to understand the process, the check ins to see how I was doing to actually going ahead. Once I was set up the support team were amazing at answering the millions of questions I had and they’re always at the end of the phone or email if I need them. I even had a full 45 minute call to walk through the full system which was amazing.
MoreI've always been impressed with email responsiveness but Andrea on the phone today was first class. Solved my headache on the first call (I had made an error, though I was initially convinced I hadn't!). Endlessly patient. And then proactively pointed-out a few other areas of my accounts that needed attention and walked me though various changes, explaining what was needed and why. Stayed beyond opening hours to help me complete everything. Couldn't be more impressed.
MoreCrunch boasts over a decade of experience by assisting a plethora of businesses with professional advice and guidance from experts.
Our Knowledge articles, jargon-free business guides, tools and calculators as well as tutorial videos can help answer your questions.
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