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Author Archives: Hardeep Mangat

About Hardeep Mangat

Hardeep is a down to earth accountant, who loves helping contractors, freelancers and small businesses save tax and make more profit. He also has a particular interest in IR35 . Hardeep attended University College London and is a Chartered Certified Accountant, who previously worked for Credit Suisse Investment bank and at a local accountancy practice.

Hardeep on Linkedin and Google+

tailor made accounting services

10 reasons why you should be using FreeAgent if you own a small business

Running a small business is a busy job. When it comes to the financial side of affairs, it can be time consuming. Manually filling out spreadsheets or handling everything in psychical copy takes time and can easily become unorganised. Nimble Jack Accounting specialises in helping small businesses manage their finances in a quicker, simpler and [...]

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impartial advice on contracting

Why you should turn to FreeAgent for all your bookkeeping and accountancy needs

Here at Nimble Jack Accounting, we use the best online software FreeAgent, combined with a personal approach to help small businesses, contractors and freelancers with their finances. Using spreadsheeting systems like Excel can be time-consuming, boring and not practical in the long run. Having paper-based accounting systems exposes you to the risk of classified data [...]

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Intermediaries legislation (IR35)

Why paper accountancy is making you fall short

Say you are a small business owner and have been using manual systems to manage your bookkeeping and accountancy for several years. You have a sound level of expertise when it comes to the financial side of your business. However, the time spent dealing with this feels like wasted hours that could be spent on [...]

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5 reasons why FreeAgent is the best online invoicing system you can use

Here at Nimble Jack Accounting we understand what most freelancers, contractors and small business owners need when it comes to handling their finances: something quick, simple and stress free. With that in mind, we searched through the top online accounting systems and found the best system that can help you when it comes to invoicing. [...]

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FreeAgent: the tool to making any freelancer’s life easier

Freelancing has become a more prominent career choice for many in recent years due to the Internet and advanced remote working technology. There are so many financial benefits to being a freelancer, like being able to charge higher rates of pay and not having to lose income on travel. So if you are a freelancer, [...]

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Can contractors use the money in their limited company to offset their mortgage?

Can contractors use the money in their limited company to offset their mortgage? Over the last few years many of our contractor and freelancer clients have posed the question above. Contractors and freelancers often have large sums of money sitting in their bank accounts put aside for taxes. Sometimes these taxes, such as corporation tax [...]

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salary versus dividends: your options explained

Salary versus dividends

Salary versus dividends for 2014/15: your options explained With the start of a new tax year (April 2014) upon us, salary versus dividends for directors and  the new employment allowance of up to £2,000 off your class 1 NICs, the salary versus dividend mix for 2014/15 will change. In our experience many accountants have failed [...]

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FreeAgent Accountants & Freelancers.

As FreeAgent Friendly  Accountants we handle all your finances , accounting and tax needs for a small fee and no hidden surprises, meaning you do what you do best and leave the stuff we love to us! Call us now on 020 7969 2879 for a free quote or click here for all our packages. What [...]

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Subsistence-what can I claim? A guide for contractors, freelancers and small businesses

We often get asked by many clients asking what they can claim and can’t in regards to subsistence. Subsistence allowance is a major concern for contractors. Here is our short guide to help you. Your job may require you to work at your client’s location for business and you may get tax relief on your [...]

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3 Step Guide to contract through your limited company

1.Set-up your Limited Company. To get started you will need to form a limited company. This usually takes a few minutes and your company will be set-up within hours. There are many formation companies who can setup your Limited company, but we advise using an accountant so that the small but important like share structure etc, [...]

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