Tag Archive | "hmrc"

WARNING – HMRC Scam In West Yorkshire


If you are a contractor who lives in West Yorkshire then you must listen to our WARNING. Make sure you read every word on this page.

This isn’t Click Bait either. This comes directly from the horses mouth…West Yorkshire Police to be exact, who have issued a warning to all self employed people in West Yorkshire.

It is a scam phone call doing the rounds, where the caller claims to be from HMRC but is actually a scammer.

This is not fiction. This is fact.

Not only that, but reports suggest these HMRC scam phonecalls are the most aggressive seen to date.

The caller pretends to be from the police and threatens the contractor with arrest if they don’t pay up.

I really can’t believe how low some people can stoop, can you? It makes you wonder how these scammers sleep at night?

The West Yorkshire Police have advised all contractors, freelancers, gig workers, and self employed people in West Yorkshire to ignore the calls and report it to ACTION FRAUD.

Here at Contractor Accountants we agree with West Yorkshire Police, although we say there is nothing wrong with slipping in a quick “FU” to these scammers before slamming the phone down.

BREAKING NEWS: This Just In…

We’ve just had another HMRC scam story hit the CA News Desk, right now.

Apparently these scammers are targeting a similar phone scam around the country, although it has just become a bit more sophisticated.

This one is an automated phone call that tells listeners (in an official tone) that HMRC are launching a lawsuit against them.

“Press one to make a payment and avoid court” the automated voice goes on to add.

Unfortunately, many elderly and vulnerable people are falling for this scam. Although anybody could fall for it. It really does sound very official.

Other scams to watch out for (which we have reported about before) include email phishing, tax refund scams and trying to get you to call premium rate telephone numbers.

Our advice? Only deal with HMRC through their official communication lines. Go to their official website directly (don’t click a link in an email) and never phone a number that somebody gives you. Get the phone number from their official website.

If somebody calls you claiming to be from HMRC then tell them you will call them back on their official number. If they really are from HMRC then they won’t have any problems with that.

If it is obviously a scam then shout a few choice words at these scammers before slamming the phone down.

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“Ready, Steady, Go!” – MTD is Live


On April 1st HMRC made MTD (Making Tax Digital) Live. This wasn’t an April Fools joke, it was finally here, and contractors couldn’t believe it.

It seems like MTD has been talked about for years. Almost like a myth or a legend, and contractors wondered if it would ever see the light of day.

Well, at the time of writing it is now 11:18am on 2nd April 2019, and here at Contractor Accountants we can confirm that MTD is Live.

That means if you are a VAT registered business in the UK and you make over £85,000 a year, then you MUST be registered for MTD.

“Don’t delay…do it today,” is our advice.

There are 1.2million businesses in the UK who are now subjected to MTD, and over the next few years it is expected everyone will have to call themselves a MTD contractor, freelancer, gig worker, or business owner.

In other words, if you are a contractor then you should get your making tax digital affairs in order and make sure you are legal.

The best way to do this is by hiring a contractor accountant and letting them setup your MTD account. They will do it on your behalf and without you having to lift a finger.

Our very own contractor accountants are experts in all things MTD. These are the best contractor accountants in the UK, and you can find them right here on this very website. Take a look and you will find them.

Back to the MTD launch and it is estimated that 100,000 businesses are already signed up to the MTD platform, with a further 4000 businesses a day joining.

Over the next 12 months HMRC will be giving businesses a gentle nudge to get them signed up and then a nudge will turn into a light slap.

Eventually it will be against the law to NOT be signed up for MTD…but for now HMRC are taking the soft approach.

Make no mistake about it. You will be prosecuted by HMRC if you don’t sign up and become Making Tax Digital Registered. Not now, but eventually…yes.

Not all contractors are in in favour of MTD, and if you remember, there was a lot of debate on the subject right here on the CA blog many moons ago.

A lot of our faithful readers wrote in and “Raged Against MTD,” calling it “ludicrus” and “a waste of space.”

Many others thought it was going to be a “major hassle,” and to “cost them more money.”

Eventually, some contractors started to warm to the idea of MTD. Let’s wait to see what happens, shall we.

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Lorraine Fought The HMRC…And Lorraine Won


Usually when people fight the HMRC in court then HMRC win. No contest. End of discussion “Pay us now,” say the HMRC.

Step forward Lorraine Kelly, the television royalty on the same level as superstars such as Jeremy Kyle, Jamie Oliver and Ross Kemp.

Lorraine is a favourite of the nation, there is no doubt about that, and when faced with the power of HMRC she decided to FIGHT THE POWER, and guess what? She won.

That’s right. Lorraine fought the HMRC…and Lorraine won…and now she has the right to call herself a bonafide contractor and reject the moniker of employee.

The HMRC wanted to label her as an employee. They claimed she was hired by ITV in a “employer/employee” relationship, which meant she would be subjected to the whole IR35 madness.

In short, the HMRC slapped Lorraine with a £1.2 million tax bill.

They were expecting a cheque from the the TV superstar, but were left stunned at HMRC HQ when Lorraine issued a challenge…

“I will see you in court,” were the words that came from the mouth of Lorraine Kelly.

Fighting words no doubt, and Lorraine Kelly was determined to take on the HMRC and let a judge rule over her case. She wasn’t writing out any cheques, just yet.

And so Lorraine Kelly VS HMRC came to court, and on the breezy but sunny morning of the court case there was television cameras and paparazzi photographers waiting outside the courthouse just waiting to get snaps of Lorraine turning up to the court.

Kind of like a court red carpet. Some say she even posed for snaps before the court was in session, while others noted that her superstar friends such as Mr Kyle, Mr Oliver, and Mr Kemp were there to offer support and offer a character witness.

Well it seems to have worked because a judge slammed down that trusty hammer and ruled that Lorraine Kelly was NOT employed by ITV and that she WAS a contractor who works for herself.

Long story short…she could say goodbye to HMRC and their £1.2 million tax bill, and close the door on this whole IR35 madness.

She was a free woman, and some witnesses report that as she left the courtroom she held her hand up in celebration and defiance.

You know, something tells me that Lorraine could have avoided this situation if she had a trustworthy contractor accountant in her corner.

Our best contractor accountants are trained to help you pay less tax while keeping you out of trouble with HMRC.

They fight on your behalf, and they always win. You can hire a contractor accountant right now.

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Highest Paid Contractors Live Here


Have you ever wondered where the highest paid contractors live? Is it North or South and how much do they get paid? Keep reading…

Firstly, let’s establish what “high paid” means. What we are talking about here is contractors who make over £150,000 a year. A nice bit of change, I’m sure you would agree.

A recent survey shows us that two-thirds of the highest paid contractors live in London or the commuter towns that are within driving or a train ride distance.

Approximately 205,000 people in London and the South East make £150,000 or more a year, many of them are classed as contractors and freelancers. Some are even called gig workers.

12,000 people come from the Kensington, Chelsea and Westminster. 3 places known for being home to the rich and famous.

Other places in London and the South East where contractors are laughing to the bank include Wandsworth, Camden, Fulham, and Elmbridge.

However, it wasn’t just London and the South East where contractors are getting paid over £150,000. For example, Edinburgh is a really happening place right now for contractors, and it is also a place where contractors are getting paid.

Cheshire East is also on the list, as well as Wilmslow and Mottram St Andrew.

Have you ever wondered how many people get paid £1 million or more per year? According to official HMRC statistics it is 31,000 people who broke the 7 figure barrier in 2018, and some of those people were no doubt contractors and freelancers. Some even gig workers.

If you are a contractor who makes over £150,000 a year, and even over £1 million a year…then I’m sure one of your main concerns is about paying too much tax.

You could easily find yourself paying 40% or more of your income to HMRC, and while I’m sure you legally want to meet your responsibilities and do everything above board…you probably also want to save a bit of money on tax.

Fortunately you are in the right place for doing just that. Here at Contractor Accountants we match high earning contractors with the best contractor accountants, and then…you have the perfect match.

Some pundits have described us as like “a dating site for contractors.”

“Just swipe to the right and find a perfect 10,” one pundit wrote after reviewing our site.

All of our recommended contractor accountants are perfect 10’s. You can bet on that. They are trustworthy and professional, and spend all of their time with contractors who make over £150,000 a year.

What if you don’t quite make £150,000 a year yet, is a contractor accountant still for you? Absolutely yes! And in fact, they will treat you equally, because a good contractor accountant understands that a new contractor today is a 1 million a year contractor of tomorrow.

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£400,000 VAT Scam = 5.5 Years for Accountant


A good accountant is as trustworthy as Santa Claus. You get a visit from them once a year and they give you gifts.

The gift of saving money on your tax bill is all most contractors want for Christmas, and with our trustworthy and respected contractor accountants you can do just that.

It does sadden us to hear that not all accountants play by the rules and by the book. Some are even downright dishonest and will steal money like they are taking candy from a baby.

Just like one rogue accountant in Birmingham, who was recently sentenced to 5 and half years for a VAT Scam.

This accountant cooked the books and setup 100 fraudulent repayments which then sent £400,000 directly into his bank accountant.

He was literally laughing all the way to the bank, until HMRC cottoned on to the scam and swiftly pounced into action.

What they found is this scammer accountant had hijacked businesses and then stole money. No-one is safe from these criminals it seems, unless you have a contractor accountant on your side.

Our contractor accountants keep a watchful eye on your business, like a hawk, and they will stop any hijacker before they even get to your gates.

Hiring a contractor accountant is like building a fortress around your property. No intruder can get in. You are 100% safe.

Back to the story and HMRC found this rogue accountant used the stolen money to fund a lavish lifestyle filled with fast cars, expensive holidays and a house.

Him and his wife travelled the world on innocent people’s dimes…going to places such as Las Vegas, Dubai, India and Mexico. The life of riley, no doubt.

But it all came to end when HMRC took him to court and a judge slammed down the hammer and announced “5 and half years” to a shocked courtroom.

The judge went on to rub salt in the wounds by describing the accountant as “thoroughly dishonest” and “a conman,” before leading him off in handcuffs to serve the time for doing the crime.

I think the moral of this story is quite simple – You MUST hire a contractor accountant to protect your business and make sure everything is done right.

Not only will you get peace of mind from knowing there is no-one scamming you, but you also get the benefit of paying less tax (legally) which is what all contractor accountants are trained to do for you.

Check out the best contractor accountants in the UK at the right hand side of the page.

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“Congratulations. 4 Billion in Tax Saved…”


Everybody wants to pay less tax. It doesn’t matter if you are a six figure contractor or a billionaire playboy. You want to save on tax.

Well, the biggest billionaire playboy of them of all has just showed us all how to pay less tax. 4 Billion pounds to be exact, is the amount he is going to be saving and HMRC won’t see a penny of it.

It is Sir Jim Ratcliffe to be exact, one of the richest men in the UK who has decided to take his 21 Billion Pounds fortune and move to Monaco.

Ah yes…Monaco…the home of billionaire and millionaire playboys alike. A place where sitting around on your yacht and enjoying yourself is the life of riley. And the life of paying virtually no tax.

So did Sir Jim come up with this idea himself? No he didn’t…it was done with the help of an accountancy firm who have engineered the whole thing.

It is those clever accountants who have struck again. They are working around the clock to mastermind ways everybody can pay less tax.

You can be the richest person in the UK or the poorest person in the UK. An accountant is there to save you money on tax.

Just like our very own contractor accountants. You can find them at the right hand side of the page, right now.

These contractor accountants do everything by the book, you can bet on that, and they probably won’t recommend you up sticks and move to Monaco.

However, what they will do is suggest ways you can pay less tax (legally of course) and then devise a plan so you have more money in your bank account this time next year.

It doesn’t matter if you are a contractor making 4 figures, 5 figures, 6 figures, or even 7 figures. There is a contractor accountant just waiting to help you out and get you started on the road to success.

You don’t have to do anything drastic like move to Monaco. Would you really enjoy that anyway? Sure, it might be good for a bit, but after a while you would probably get bored and want to move back.

Back to Billionaire Sir Jim, and as you can imagine there has been backlash against his decision to find tax relief in Monaco.

Some politicians have hit out and accused him of stealing money from the government’s pocket, but can we really take anything a politician says seriously anymore? In my opinion, no.

What would they do with that money anyway? Probably just waste it away on more nonsense, and give most of it to the EU.

I think the message here is…it is your duty to legally pay less tax, and you can do that with the help of a contractor accountant.

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700,000 Missed Tax Return Deadline


Here at Contractor Accountants we have talked about the tax return deadline a lot. “Get your tax return in by 31st January,” we said.

Despite our constant nagging, it seems there are many of you out there who are not listening.

You see…the 31st January has now passed, and according to HMRC there were 700,000 who didn’t get their tax return in on time.

I’m sure many of those 700,000 are contactors, and I’m even more sure that many of those contractors read our blog on our weekly basis.

If you are one of the 700,000 then what gives, man? You’ve read our blog post on “ridiculous tax return excuses” and you’ve heard us warn you about the “£100 fine” for a late tax return.

Maybe you just can’t be bothered to do it yourself? That’s cool, dude. We get it. And that is why we recommend you hire a contractor accountant to do it all for you.

The bad news is there is nothing you can do about the £100 now. That ship has sailed and there is no getting onboard. You will just have to grin and bear it and write out a cheque.

The good news is that you can still hire a contractor accountant to do your tax return. Even though you are nearly 1 week late there are our trusty contractor accountants waiting on standby to start doing your books and filling in those forms.

Sure, some of our trusted and recommended accountants are off on their holidays and sunning themselves in the Bahamas Their busy season is now officially over and they are drinking pina coladas as we speak.

On the other hand, some accountants have stopped behind in the UK to deal with the “late filers.” They have their suitcase packed, you can bet on that…but they are not taking off just yet, which means you have a short window of opportunity to get your tax return sorted out once and for all.

Hurry though, because once all of the contractor accountants are sitting on the beach then you won’t be able to find one for love or money.

It isn’t all doom and gloom though. Despite 700,000 of you missing the deadline, according to HMRC there was 93% of tax payers who DID get their tax return in on time.

A spokesperson for HMRC said this was their best result ever, and in their opinion, it had a lot to do with 2 quacking ducks.

Apparently their advertising featured 2 ducks quacking “tax.”

“Genius,” is all we can say here at Contractor Accountants.

Maybe next year they could hire Donald Duck?

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Bizarre Late Tax Return Excuses (2019 Edition)


It’s that time of the year again. A time for sending in your tax return by the 31st January..or making up an excuse why you can’t.

Here at Contractor Accountants it has become a yearly ritual to list the best (or worst) excuses for missing the tax return deadline.

Some of these reasons are just downright bizarre if you ask us, but that didn’t stop people from trying it on with HMRC.

Coming in at number 1 (in our opinion) is the guy who was “too short to reach the post box.”

This means he couldn’t post his tax return, which in turn means he missed the deadline. I guess finding someone taller to post it for him was just a step too far?

He should have hired a contractor accountant to get the job done. Research shows that not only are they the best (when it comes to doing tax returns) but they are also above average in height (over 6 ft).

Another self employed person who failed to get their tax return in on time decided to blame the maid(s).

Apparently, the first maid left, and then the second maid stole goods from the house, while the third maid was very slow to learn.

Needless to say this guy was stressed about the situation and didn’t have time to bother about a tax return.

Moral of the story: Pay your maid well and everything will be ok.

How about some other bizarre excuses? Well, there was one woman who couldn’t find her tax return form because she couldn’t find her glasses. It really does make you wonder how she can even find her way down stairs in the morning.

Another guy had the unfortunate luck of no heating in his home due to a broken boiler. Guess what? His house became so cold his fingers were too cold to type, so no tax return was filled in.

What he should have done is hired a contractor accountant to do the tax return for him. The last time I checked, all of our recommended contractor accountants have the heating up full blast at this time of the year, which means warm hands around the clock.

Those warm hands are also “expert hands” who have years of experience of getting your tax return in on time. You don’t have to do anything, just leave it to a contractor accountant.

As you might have guessed by now…all of these excuses were firmly rejected by HMRC, which means all of the above contractors, freelancers and self employed people were hit with a fine for submitting their tax return late.

A fine of £100 to be exact, and if you still don’t send it in? Then expect more fines until you do.

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“DO IT NOW!” – Tax Return Warning


If you want to abide by the law and not get in trouble, then listen up, because what I’m about to say is very important.

As you may or may not be aware, it is the time of the year for doing tax returns, with the 31st of January being the deadline to get it in.

Now I know what you are probably thinking – “The 31st of January is 21 days away. I’ve got more than enough time to get this done.”

Perhaps, but if you want my advice…”DO IT NOW!”

Just like that homework you used to put off years ago. You waited and waited and waited…and then waited some more. And then, on the morning it was due you still had not done it.

Back then the teacher might have given you a firm caning for forgetting your homework.

However, while the HMRC are not quite as sadistic, they still punish you for forgetting your “homework” and missing the tax return deadline.

You can expect an immediate fine of £100 for being forgetful, followed by even more charges up to a maximum of £900 over the next few months.

Not only that, but HMRC also have the power to slap you with even more fines if they see fit. You could end up paying way more than you should, which is why you should take action now.

The best way to fill in your tax return is on the HMRC official website. You do everything online and send it off straight away. There is nothing complicated.

Or if you don’t have the time or you just can’t be bothered, then you should hire a contractor accountant.

The best contractor accountants can do your tax return for you and make sure it is sent in on time. No problem at all.

With that being said, the best contractor accountants are very much in demand at this time of the year. Many of them work around the clock to make sure their clients are looked after and their tax returns are completed, but there are still only so many hours in the day.

If you look to the right of the page then you will see our recommended contractor accountants. The best of the best.

All of these contractor accountants can do your tax return, but they only have limited spaces remaining.

So take our advice and “DO IT NOW!” and hire a contractor accountant today.

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Turkey + Tax Return = A Contractor Christmas


Most people are happy with just turkey on Christmas day. A chance to eat as much as they can and spend time with family.

Contractors, on the other hand, are a different breed. Sure, they sit down to turkey and mash potato just like regular people but that is where the parallels stop.

While ordinary folk spend most of Christmas and New Year eating turkey, the vast majority of contractors are hard at work making sure their tax affairs are in order.

For example, according to official statistics from HMRC there was 2,616 online self assessments filed on Christmas day, and I’m willing to bet you a large portion of these people were contractors.

It is you, the hard working contractor who always wants to make sure the HMRC is paid in full and on time, and if that means doing your tax return immediately after a turkey dinner and before Christmas pudding…then so be it.

During the peak time of turkey eating (1pm to 2pm) on Christmas Day there was 230 online tax returns sent in. This means some contractors are skipping the turkey and trimmings altogether, and getting straight down to work just like it is any other day.

These contractors probably have no time for presents, and no time for the Queens speech. Do they even know its Christmas? Probably not.

But they get the job done, and by sending in their tax return at Christmas they make sure everything is sorted way before the 31st January deadline.

Boxing day was just as popular for sending in those self assessment forms to HMRC. According to official statistics, a total of 8,465 people connected to the internet and did their tax return, and of course, many of those thousands would have been contractors.

If you are reading this now and you have not done your tax return yet, then don’t fret, because there is still time and you are not late to the party…yet.

However, if you leave it much longer then you will be late. In fact, you will be just like the guy who arrives in fancy dress to a party that isn’t fancy dress. If you see what I mean.

The 31st of January is this years deadline for self assessment and if you didn’t get it sorted over Christmas then my advice is to do it now.

And if you can’t be bothered to do it? Then hire a contractor accountant.

If you pay them enough money then they will do everything for you, including sending in your tax return.

Find the best contractor accountants, right now, by looking to the right hand side of the page.

Make sure you hurry though, because the demand for the top contractor accountants is crazy at this time of year (as you can imagine) and there is only a limited amount of spaces on their books. So you must act now.

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Tax Bill Payment…DECLINED!


Its that time of year again. The end of the year. A time for giving, sharing, and paying…the HMRC what you owe.

The HMRC don’t care if you have “spent up” on Christmas presents and Santa Costumes. They want paying, and they want paying very soon.

Bizarrely, they recently sent out a letter to the UK 5 million self employed and gave everyone some outdated information about how to pay their tax bill.

One of the options to pay is by Credit Card, they said.

We say…WRONG!

Another option is to pay at the Post Office, over the counter, they said.

We say…WRONG!

This information is just wrong, wrong, wrong. It couldn’t get anymore wrong. Although its you, the innocent contractor, freelancer, gig worker or self employed business person who is going to suffer.

For example, if you leave your tax bill payment to the last minute and then to decide to whip out your credit card. Guess what? You will be met with a DECLINED alarm.

Another example: You go for a walk down to your local post office with a carrier bag of cash and try to pay your tax bill over the counter. Guess what? The post office manager is going to laugh in your face and then laugh you out of the door.

“I will just take a first class stamp then,” you will say…followed by “HOW MUCH?”

Back to tax bill payment options and using your credit card was was withdrawn by HMRC in January of 2018, while taking away the Post Office as an option was removed in December of 2017.

So why are HMRC still sending out the wrong information? According to them, they are in the middle of changing print suppliers and wanted to save costs. However, this has led to a right old mix up which could leave thousands of contractors with a late payment fee.

My advice on this saga? Don’t deal with HMRC directly and never attempt to pay your tax bill on your own.

Instead, you should hire a contractor accountant to do it all for you. All you have to do is pay them a small fee every month and you never even see your tax return or tax bill.

These expert contractor accountants know that credit cards and post office branches are out. You won’t ever get caught with your pants down while a contractor accountant is behind you.

While the HMRC have been sending out the wrong information, it must be noted they are now attempting to rectify the situation by sending out additional leaflets with the CORRECT information.

Then, once they have changed print suppliers we should never see this mistake again.

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ALERT: New HMRC Scam Targets Uni Students


It seems these fake HMRC scammers (phishers) don’t give up. They keep reeling in victims, and this time its Uni Students who are the target.

Up and down the country, there are millions of uni students who are packing a bag and going home for the holidays. A break from the endless study, no doubt. A chance to kick back, relax, and have a few alcoholic drinks. A chance to relax.

In the midst of this is a simple letter. It looks official. There is the initials “HMRC” on the envelope. The Uni students opens it right up, and they quickly see the words…

“You Are Due a Tax Refund!”

That is like poetry to the eyes a uni student. They have been struggling financially all year long and now a chance to get a few thousand quid in their bank account.

So they don’t even question it.

“It’s official. It’s from HMRC,” they say.

Unfortunately, it is anything but official. It is very unofficial and downright wrong.

Yes it is the handy work of those fraudsters yet again. Regular readers of the Contractor Accountant Blog will be well aware of them by now.

What they are doing is sending out fake tax refund letters to uni students around the country, and then using this bait to get personal details, bank details, and to steal money.

The thing is…these fake HMRC are very clever in the way they setup the scam. It’s the small details that make all the difference.

For example, they use what appear to be genuine university email addresses to send out emails as a follow up to the letter, and they also send out texts to phones as a reminder. Everything looks totally legitimate.

And of course, the uni student is in the middle of getting ready to go back home for the holidays, so its easy to get caught up in the scam without giving it too much thought.

However, Christmas is not going to come early for any uni student that falls for the scam, and instead, they are going to become yet another victim to these scammers.

Here at CA we realise that many of these uni students are the future foundation of our contractor economy.

They are the future readers of the Contractor Accountant Blog, and the future customers of our recommended contractor accountants.

So if you are reading this…uni student…then our advice is hire a contractor accountant and let them deal with the HMRC and anything tax related. Our expert contractor accountants can spot a scam a mile off. You are safe with them.

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You Kante Be Serious?


Tax is a subject we talk a lot about on this blog. Tax, tax, tax…and more tax…we just can’t shut up about it.

You will have heard us talk about big companies such as Amazon and Apple, who pay virtually NO tax here on British shores.

You will have also heard us talk about big name football stars such as Ronaldo and Messi who tried to get away from their tax duties by setting up offshore accounts.

That’s why it comes as a surprise when we have just heard about Premiership football star N’Golo Kante. The famous Chelsea player who has just signed a new £290,000 a week deal with the Blues.

Not bad money if you can get it…but get this…Kante has made it clear that he will pay HMRC every single penny they are owed.

In other words, he won’t be trying to send his money away in some kind of offshore bank account and he won’t get involved in some kind of dodgy film finance scheme (Sorry Rooney).

Now, Kante will pocket a cool 15 million from his new deal with Chelsea, which means the tax man or woman will come knocking for around £6.7 million in tax.

Here is the interesting part. This means our man Kante will pay MORE tax than Amazon.

That’s right. You heard it here first.

Last year Amazon only paid £1.7 million pounds to HMRC, despite the fact they rake in billions all around this country of ours.

Many pundits have hit out at the online shopping giant, but so far, nothing has been done to find out exactly why their contribution to HMRC is so low.

On the other hand, N’Golo Kante is only making 15 million, but he has no problems paying his due and writing out a cheque payable to “HMRC.”

“6.7 million pounds only” – he will write on that cheque, and then, with a first class stamp on the front of the envelope he will pop it in the postbox at the top of his street.

“Back of the net!” he may even say, as he pops it in.

But is Kante going to be scoring an own goal? In the opinion of us here at Contractor Accountants…maybe.

Why? Because although his intention is no doubt a noble one, we think he should at least try to save a bit of that £6.7 million tax bill.

Not much, just a bit.

The good news is that Kante doesn’t have to do anything dodgy. Everything will be completely above board.

All he has to do is hire a contractor accountant. They might be able to bring his tax bill down to £4.7 million at a guess. A saving of 2 million pounds…at a guess.

Everything legal. Everything down the straight and narrow.

Kante still gets to do the right thing and pay into the system, but at the same time he saves a bit of money. For that…we would salute him.

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A Right Royal Tax Mess


If your average contractor has to pay tax, then so should the Duchess of Sussex…And she does…directly to HMRC.

We are talking about Meghan Markle of course. The American woman who married into the Royal Family and became a Duchess.

But is her fairytale wedding about to turn into a Royal nightmare? Indeed it might.

You see, despite raking in the cash over here on British shores, Meghan is still an American Citizen, which means she might have to kick up cash to Uncle Sam to avoid the FBI knocking on her front door.

Some pundits are even suggesting that her husband, our very own Prince Harry, might even have to hand over a slice of his fortune to the USA tax people.

The reason? Because now they are husband and wife, a joint bank account is no doubt firmly in place, with both of their names on the chequebook.

They joined together at the altar…and joined their incomes together…before joining their bank accounts…but now…they might just have to pay…

Joint Tax!!

40% of their income to HMRC and 40% of their income to Uncle Sam = only 20% left for holidays and shopping trips. Not good.

Harry and Meghan. No. Excuse me…Prince and Duchess…

If you reading this blog post then please allow me to make a suggestion, your highness.

If you are getting hit in the pocket on both sides of the Atlantic then how about hiring a contractor accountant? Stay with me on this one.

The best contractor accountants can legally save you money on tax. How much? How about 20%. Some people are saving even more. And its all legal. Completely straight and narrow.

These contractor accountants are treated just like Royalty in the accounting world, and for good reason…because if they can save you, or anybody, 20% on their tax bill then they really are the Kings and Queens.

They might even be able to sort out that Royal tax mess on the other side of the pond. We can’t guarantee it. You will have to speak with one of the trusted contractor accountants we recommend to find out.

“Just give them a call,” is what we say. They will take calls from contractors, freelancers, self employed gig workers…and yes, even the Prince and Duchess.

You might even want to let your Dad know about these “accountants with the magic touch.” No, they are not court jesters. So please don’t treat them like that.

If you look to the right hand side of the page…right now…then you will find the very best contractor accountants. Fit for a King, or Prince, or Duchess.

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