21st August 2025
What are dividends and who receives them?

What Are Dividends & Who Receives Them?

If you’re a contractor, freelancer, or small business owner operating through a limited company, you’ve probably heard a lot about dividends. But what exactly are dividends, how do they work, and who is entitled to them? This guide explains everything you need to know about dividends: from what a dividend is, to how they’re calculated, and how contractors can use dividends to manage their income tax efficiently.
21st August 2025
Limited Company Benefits

7 Key Benefits of Forming a Limited Company

Starting your business journey is an exciting time, but choosing the right structure can make a big difference to your success. If you're self-employed or thinking of going Limited in the UK, understanding the benefits of becoming a private Limited company is essential. From LTD company finances to self employed rate comparisons, this guide will walk you through everything you need to know.
28th July 2025

Our Complete Guide to Freelancer Accounting Services

At Nexus Accounting, we specialise in accounting for freelancers in the UK, offering tailored financial solutions designed to support self-employed professionals at every stage of their journey. Whether you're new to freelancing or scaling up your services, our expert team is here to simplify the numbers so you can focus on doing what you do best.
28th July 2025

The Complete Guide to Contractor Accounting Services

At Nexus Accounting, we help you handle all the ins and outs of contractor accounting so you don’t have to. This complex area of accounting requires expertise that our team has so you can have peace of mind that your books are compliant and organised.
19th June 2025

IR35 Explained for Freelancers & Contractors

If you’re a freelancer, contractor, or a small business owner operating through a limited company, you’ve probably heard the term “IR35” floating around — and with good reason. This piece of UK tax legislation can significantly impact your income, take-home pay, and the way you structure your contracts and working relationships.
19th May 2025

The Importance of Determining Your IR35 Status

Understanding your IR35 status is crucial if you’re working as a contractor or freelancer through a limited company in the UK. With HMRC tightening compliance and penalties, it’s more important than ever to ensure you determine your IR35 status correctly from the very beginning.
10th May 2025

Why use a Specialist Contractor Accountant?

As a contractor or freelancer operating through a limited company, choosing the right accountant is one of the most important decisions you’ll make. With many high‑street and online providers out there, it’s easy to feel overwhelmed. That’s where a contractor accountant UK comes in.
5th May 2025

What is a P11D form?

The P11D is a form to be completed by employers detailing the cash equivalents of any benefits and expenses provided during the tax year. These include the use […]
1st May 2025

Tax Free Childcare: A Guide for Contractors, Freelancers and Small Business Owners

Juggling the demands of running your own business while raising children presents unique financial challenges. Many self-employed professionals assume that government childcare is only available to traditional employees, but this couldn’t be further from the truth.
28th April 2025

Self Assessment Tax Return Deadline Penalties for Contractors & Freelancers

Submitting your self assessment tax return on time is vital for contractors and freelancers operating through Limited companies. Missing the UK tax return deadlines can lead to significant penalties, interest charges, and even the risk of a tax investigation. Planning ahead will not only save you money but also reduce unnecessary stress.