IT and Network Security can be busy businesses. You’ve got lots to keep track of – you have to know all the ins and outs of your clients’ tech, and how it interacts with each other. You’ve got to keep an eye out for errors and issues on all fronts, whether they be technological or human. Then, of course, you have to deal with less tech-savvy clients and explaining how everything works to them. If you’ve already got all of that to deal with, why on earth should you have to add dealing with taxes and HMRC to that pile?
When you’re in IT and Network Security, you’ve got a few particular things to keep an eye on. For example, the new IR35 rules affecting how businesses classify contractors – you need to be constantly aware of exactly what your relationship with your clients is. If your relationship ends up too close to employee/employer, then you might end up having to go on payroll, with all the tax needs that come with it.
Then, of course, you have all the realities of dealing with running your own business. Claiming back travel expenses and VAT from HMRC as you’re entitled to can be a fiddly task that’s easy to forget. Making sure you claim the capital allowances you deserve on any equipment you buy is a similarly frustrating, but just as important, task. Even with these, we’re only scratching the surface – that’s a lot of extra work to have to deal with. But you don’t have to be the one to deal with it.
Here at AIMS, we know what you need when it comes to your accounting. We can take away the headache of all the tax issues that come with running a business. When you engage an AIMS Accountant, you’re getting a personal, professional service that’s dedicated to making your life easier. We focus on the numbers – so you can focus on your business.
AIMS – Making Tax Simple.
To find out more, get in touch with your local Accountant below!