Umbrella company contractors might be interested to learn that SJD Accountancy has recently launched two new iPhone apps.
The accountancy firm has seen a massive increase in the number of freelancers, limited company contractors and SMEs who want to avail of their services since 2009. Companies still need to complete projects, and IT systems continue to need upgrading and the UK business community is relying more and more on the UK’s flexible workforce to make sure they do not slip behind.
The first SJD iPhone App is called the Limited Company or PAYE Umbrella Company Checker and it allows consultants, contractors, freelancers and interims to understand the best method of working for their particular circumstances. They will be able to evaluate whether working through an Umbrella Company is preferable to trading through their own Limited Company.
The other iPhone App is the Contractor Tax Calculator. SJD says this is a very simple to use calculator that enables contractors to work out how much tax they should be paying on any given daily rate. The App allows contractors to put in differing contract lengths and billable hours, and they can even use it to book a free consultation meeting with a contractor accountant.
As unemployment in the UK continues to rise, an increasing number of people could decide to turn to contracting to make ends meet. New contractors may find it difficult to know where to look to obtain helpful information, so SJD has to be applauded for creating these Apps. We will probably see an increasing number of accountancy firms following suit!
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Image: iPhone 4’s Retina Display v.s. iPhone 3G by Yutaka Tsutano