Lead #2023

Company
Bright Ideas Accountancy
Website
http://biaccountancy.com
Best Contact
Jack — Account Manager
Email
info@biaccountancy.com (person)

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.st0{fill:#00B67A;} Resources News & Articles Contracting Guides Pay Calculator Capital Gains Tax Calculator VAT Calculator Spouse Share Planning Calculator Refer a friend Client area Call Us: 0161 669 4221 Become a Client Our services Accountancy Service Packages Sole Trader Limited Company Small to Medium Enterprise (SME) Financial Planning Switching Accountants Pricing Price Comparison FreeAgent FAQ Who we help Advanced Nurse Practitioners (ANP) Architects Consultants Doctors Engineers Freelancers IT Contractors Landlords Non-Exec Directors Oil & Gas Contractors Pilots and Aviation Project Managers Renewable Energy Contractors Small Business Surveyors About us Our Partners What Our Clients Say FAQ Contact us Become a Client Select Page About Bright Ideas Accountancy From Solo Venture to Team Triumph The beginnings of Bright Ideas Accountancy After spotting a gap in the market for an accountancy offering that incorporated modern technology, Michael McCullion set up Bright Ideas Accountancy. Michael was working for companies that were still using spreadsheets and physical receipts when he realised that accounting had to be taken into the digital age. In 2014, Bright Ideas was born – with a one-of-a-kind offering. Switch now Our unique offering  Early FreeAgent adopters Michael recognised the potential of FreeAgent from the get-go. He soon integrated it into Bright Ideas’ offering so that our clients could get a clear picture of their finances and save a significant amount of time. With a 24/7 view, it has allowed us to provide a much more personalised service and give proactive advice.  Dedicated accountant But we wanted to offer more than just a modern tech set-up. We also focused our service around providing a dedicated accountant – one named individual that our clients would always speak to. They provide all the services our clients require, ensuring we’re the one-stop shop for contractors, freelancers, and business owners.  Full service, one fee Our fully comprehensive service is all rolled up into one monthly fee. We give our clients peace of mind with the assurance that there are no out-of-package charges they’ll suddenly be invoiced for. Discover what we could do for you Our successes so far… Our unique offering has seen us reach some major milestones in our time. In 2017, we hit 100 clients. By 2018, this had doubled. And by 2023, we had reached over 1,000. We’ve also gone from a one-man band of just Michael to a team of nine extraordinary people. We can’t wait to see what happens next. Discover who we help Meet the Bright Ideas team Want to learn more about us before you make the switch? Each member of the Bright Ideas team has the skills, accreditations, and foresight to help you maximise your finances. Michael McCullion Head of Contracting Services LinkedIn Thomas Napier Head of General Accounting Services LinkedIn Ready to join us? Whether you’re a contractor, freelancer, or small business, Bright Ideas can help remove the burden of time-consuming and complex finances. We’ll draw on our years of knowledge and experience earned helping sole traders just like you. When you choose us, you’ll be assigned a dedicated Account Manager who’ll provide one-on-one support that’s customised to your business. Communication is key, so we’ll always answer your questions or requests as soon as we can. In fact, we offer a same-day response guarantee for emails and calls received before 3pm. Contact us to get started Give us a call us or send an email today!  0161 669 4221  info@biaccountancy.com Request a call back Get in touch Our clients have a lot to say about us EXCELLENT Based on 100 reviews Posted on Jamie Ciel Jack and the team have been fantastic, friendly, knowledgeable and easy to work with. I would highly recommend for all your accounting needs! Posted on Rob Hutchison Efficient and helpful accountants. Always willing to help and get the job done. What more do you need in accountants? Posted on Paul Hemmingfield I don't generally leave Google reviews, but I've been using Bright Ideas Accountancy for multiple years now and Jack who deals with my accountants has always been excellent so thought it time to leave one! Highly recommended. Posted on Marios Papadimitri I've been with BI for 8 years now, and I have always been happy with their service. My current accountant, Hafsa, has always been happy to help with the many queries I had over the years, and continues to address any and all issues or submissions quickly and efficiently. Posted on Ernestine Pideli Turita Hafsa is an incredible accountant. I am happy with her services. Posted on Alex Thorley I've continued to use Bright Ideas for many years and have always had no issues, specifically Hafsa and Jack have been great in helping with any queries I've had. Continue to highly recommend! Posted on Nitin C Jack has been helpful and very knowledgeable with my accounts. He's been available and answered my queries quickly and efficiently, either by phone or email. I would highly recommend this accountancy service. Posted on Nick Holmes Jack is super easy to work with – he makes everything clear and easy to understand. He communicates in a straightforward way, is always approachable, and provides advice that feels tailored to my situation whilst being professional and efficient. Posted on George Trott Hafsa is incredibly helpful and knowledgeable, being new to running a business, her advice and at times, patience, has been invaluable during my first year of business. I highly recommend both Hafsa, and Bright Ideas Accountancy Posted on Adam Pearce Working with Millie is a delight, as she makes sure that all big tasks are taken care of (e.g. annual accounts, quarterly VAT, monthly payroll, etc), while still taking the time to answer our never-ending day-to-day questions on pensions, sick leave, dividends, etc. This gives us a peace of mind and allows us to focus on our work, knowing that our UK accounting duties are taken care of by Millie. We've worked with Millie for a few years now and look forward to more successful years of working together! Showing our latest reviews Start the conversation Let’s make your finances Brighter Call us Monday to Friday 9am - 5pm 0161 669 4221 Get in touch  Request a call back AccountingOur Services Financial Planning Switching Accountants Pricing FreeAgent AboutAbout Us Who We Help Our Partners FAQ What Our Clients Say InformationResources Become a Client Client Area Refer a Friend Contact usWe are open: Monday to Friday 9:00am to 5:00pm T: 0161 669 4221 E: info@biaccountancy.com Facebook Twitter LinkedIn Download Our App Sitemap Terms & Conditions Privacy Policy Cookie Policy Contact .st0{fill:#00B67A;} © 2025 BI Accountancy - Registered Office: 80 Ashton Road, Denton, Manchester M34 3JF. 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.st0{fill:#00B67A;} Resources News & Articles Contracting Guides Pay Calculator Capital Gains Tax Calculator VAT Calculator Spouse Share Planning Calculator Refer a friend Client area Call Us: 0161 669 4221 Become a Client Our services Accountancy Service Packages Sole Trader Limited Company Small to Medium Enterprise (SME) Financial Planning Switching Accountants Pricing Price Comparison FreeAgent FAQ Who we help Advanced Nurse Practitioners (ANP) Architects Consultants Doctors Engineers Freelancers IT Contractors Landlords Non-Exec Directors Oil & Gas Contractors Pilots and Aviation Project Managers Renewable Energy Contractors Small Business Surveyors About us Our Partners What Our Clients Say FAQ Contact us Become a Client Select Page Contact Us Opening Times: Monday – Friday 9:00am to 5:00pm Contact Details  0161 669 4221  info@biaccountancy.com Bright Ideas Accountancy 80 Ashton Rd, Denton, Manchester M34 3JF Get Directions Enquiry Form Whether you’d like to arrange a free consultation, switch your accountants or enquire about anything else, please contact us by using the contact details or via the form below and we’ll get back to you as soon as possible. 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Michael McCullion Head of Contracting Services LinkedIn Thomas Napier Head of General Accounting Services LinkedIn Start the conversation Let’s make your finances Brighter Call us Monday to Friday 9am – 5pm 0161 669 4221  Request a call back AccountingOur Services Financial Planning Switching Accountants Pricing FreeAgent AboutAbout Us Who We Help Our Partners FAQ What Our Clients Say InformationResources Become a Client Client Area Refer a Friend Contact usWe are open: Monday to Friday 9:00am to 5:00pm T: 0161 669 4221 E: info@biaccountancy.com Facebook Twitter LinkedIn Download Our App Sitemap Terms & Conditions Privacy Policy Cookie Policy Contact .st0{fill:#00B67A;} © 2025 BI Accountancy - Registered Office: 80 Ashton Road, Denton, Manchester M34 3JF. 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.st0{fill:#00B67A;} Resources News & Articles Contracting Guides Pay Calculator Capital Gains Tax Calculator VAT Calculator Spouse Share Planning Calculator Refer a friend Client area Call Us: 0161 669 4221 Become a Client Our services Accountancy Service Packages Sole Trader Limited Company Small to Medium Enterprise (SME) Financial Planning Switching Accountants Pricing Price Comparison FreeAgent FAQ Who we help Advanced Nurse Practitioners (ANP) Architects Consultants Doctors Engineers Freelancers IT Contractors Landlords Non-Exec Directors Oil & Gas Contractors Pilots and Aviation Project Managers Renewable Energy Contractors Small Business Surveyors About us Our Partners What Our Clients Say FAQ Contact us Become a Client Select Page About Bright Ideas Accountancy From Solo Venture to Team Triumph The beginnings of Bright Ideas Accountancy After spotting a gap in the market for an accountancy offering that incorporated modern technology, Michael McCullion set up Bright Ideas Accountancy. Michael was working for companies that were still using spreadsheets and physical receipts when he realised that accounting had to be taken into the digital age. In 2014, Bright Ideas was born – with a one-of-a-kind offering. Switch now Our unique offering  Early FreeAgent adopters Michael recognised the potential of FreeAgent from the get-go. He soon integrated it into Bright Ideas’ offering so that our clients could get a clear picture of their finances and save a significant amount of time. With a 24/7 view, it has allowed us to provide a much more personalised service and give proactive advice.  Dedicated accountant But we wanted to offer more than just a modern tech set-up. We also focused our service around providing a dedicated accountant – one named individual that our clients would always speak to. They provide all the services our clients require, ensuring we’re the one-stop shop for contractors, freelancers, and business owners.  Full service, one fee Our fully comprehensive service is all rolled up into one monthly fee. We give our clients peace of mind with the assurance that there are no out-of-package charges they’ll suddenly be invoiced for. Discover what we could do for you Our successes so far… Our unique offering has seen us reach some major milestones in our time. In 2017, we hit 100 clients. By 2018, this had doubled. And by 2023, we had reached over 1,000. We’ve also gone from a one-man band of just Michael to a team of nine extraordinary people. We can’t wait to see what happens next. Discover who we help Meet the Bright Ideas team Want to learn more about us before you make the switch? Each member of the Bright Ideas team has the skills, accreditations, and foresight to help you maximise your finances. Michael McCullion Head of Contracting Services LinkedIn Thomas Napier Head of General Accounting Services LinkedIn Ready to join us? Whether you’re a contractor, freelancer, or small business, Bright Ideas can help remove the burden of time-consuming and complex finances. We’ll draw on our years of knowledge and experience earned helping sole traders just like you. When you choose us, you’ll be assigned a dedicated Account Manager who’ll provide one-on-one support that’s customised to your business. Communication is key, so we’ll always answer your questions or requests as soon as we can. In fact, we offer a same-day response guarantee for emails and calls received before 3pm. Contact us to get started Give us a call us or send an email today!  0161 669 4221  info@biaccountancy.com Request a call back Get in touch Our clients have a lot to say about us EXCELLENT Based on 100 reviews Posted on Jamie Ciel Jack and the team have been fantastic, friendly, knowledgeable and easy to work with. I would highly recommend for all your accounting needs! Posted on Rob Hutchison Efficient and helpful accountants. Always willing to help and get the job done. What more do you need in accountants? Posted on Paul Hemmingfield I don't generally leave Google reviews, but I've been using Bright Ideas Accountancy for multiple years now and Jack who deals with my accountants has always been excellent so thought it time to leave one! Highly recommended. Posted on Marios Papadimitri I've been with BI for 8 years now, and I have always been happy with their service. My current accountant, Hafsa, has always been happy to help with the many queries I had over the years, and continues to address any and all issues or submissions quickly and efficiently. Posted on Ernestine Pideli Turita Hafsa is an incredible accountant. I am happy with her services. Posted on Alex Thorley I've continued to use Bright Ideas for many years and have always had no issues, specifically Hafsa and Jack have been great in helping with any queries I've had. Continue to highly recommend! Posted on Nitin C Jack has been helpful and very knowledgeable with my accounts. He's been available and answered my queries quickly and efficiently, either by phone or email. I would highly recommend this accountancy service. Posted on Nick Holmes Jack is super easy to work with – he makes everything clear and easy to understand. He communicates in a straightforward way, is always approachable, and provides advice that feels tailored to my situation whilst being professional and efficient. Posted on George Trott Hafsa is incredibly helpful and knowledgeable, being new to running a business, her advice and at times, patience, has been invaluable during my first year of business. I highly recommend both Hafsa, and Bright Ideas Accountancy Posted on Adam Pearce Working with Millie is a delight, as she makes sure that all big tasks are taken care of (e.g. annual accounts, quarterly VAT, monthly payroll, etc), while still taking the time to answer our never-ending day-to-day questions on pensions, sick leave, dividends, etc. This gives us a peace of mind and allows us to focus on our work, knowing that our UK accounting duties are taken care of by Millie. We've worked with Millie for a few years now and look forward to more successful years of working together! Showing our latest reviews Start the conversation Let’s make your finances Brighter Call us Monday to Friday 9am - 5pm 0161 669 4221 Get in touch  Request a call back AccountingOur Services Financial Planning Switching Accountants Pricing FreeAgent AboutAbout Us Who We Help Our Partners FAQ What Our Clients Say InformationResources Become a Client Client Area Refer a Friend Contact usWe are open: Monday to Friday 9:00am to 5:00pm T: 0161 669 4221 E: info@biaccountancy.com Facebook Twitter LinkedIn Download Our App Sitemap Terms & Conditions Privacy Policy Cookie Policy Contact .st0{fill:#00B67A;} © 2025 BI Accountancy - Registered Office: 80 Ashton Road, Denton, Manchester M34 3JF. 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.st0{fill:#00B67A;} Resources News & Articles Contracting Guides Pay Calculator Capital Gains Tax Calculator VAT Calculator Spouse Share Planning Calculator Refer a friend Client area Call Us: 0161 669 4221 Become a Client Our services Accountancy Service Packages Sole Trader Limited Company Small to Medium Enterprise (SME) Financial Planning Switching Accountants Pricing Price Comparison FreeAgent FAQ Who we help Advanced Nurse Practitioners (ANP) Architects Consultants Doctors Engineers Freelancers IT Contractors Landlords Non-Exec Directors Oil & Gas Contractors Pilots and Aviation Project Managers Renewable Energy Contractors Small Business Surveyors About us Our Partners What Our Clients Say FAQ Contact us Become a Client Select Page Accountants for Doctors & Medical Professionals Maximise Your Take-Home Pay with Bright Ideas Accountancy Let Bright Ideas Accountancy simplify your finances As a locum doctor, you have the weight of the world on your shoulders: diagnosing, treating, and caring for patients. Being self-employed can alleviate some of the pressure; you get to enjoy the benefits of flexibility, working where you want and at times that suit you – not to mention the opportunity to explore a variety of career options and higher pay. But this does mean you have to deal with managing your own finances – something you unlikely have the time for. First, you’ll have to make the decision whether to operate as a limited company or sole trader. Then you have to deal with the admin, such as the tax return and year-end accounts. It’s little wonder that so many opt to outsource to a specialist accountant. Bright Ideas Accountancy has helped many locum doctors, GPs and other medical professionals get their accounts in order and compliantly maximise their take-home pay. And that’s exactly what we can do for you! Request a call back Get in touch Why Choose Bright Ideas? By choosing Bright Ideas for your accounting needs, you’ll get an expert partner at your fingertips. We’ll manage your finances, simplify the jargon, and even advise on aspects such as profit and loss. It’s more than accounting – you get to draw on our extensive experience in helping countless medical professionals across the UK. We’re 100% cloud-based too, digitising your affairs and giving you 24/7 access to your accounts no matter where you are. Whether through FreeAgent or QuickBooks, you’ll always have a clear picture of your finances. The support that our accountants offer goes beyond the products we use. With dedicated Account Managers, we provide a one-to-one service so that you’ll receive tailored guidance. This also enables us to be incredibly responsive, with a guaranteed same-day response to calls and emails received before 3pm. We have a variety of accounting packages – all with transparent pricing. But whichever you choose, you’ll receive unlimited face-to-meeting and periodic bookkeeping health checks. Because your success is our success. All inclusive package  Free company incorporation  Yearly annual return preparation  Annual accounts preparation & filing  Quarterly MTD-compliant VAT return preparation & filing  Company tax return preparation & filing  Monthly subscription to FreeAgent included - and user tutorial for no extra charge  Your own dedicated accountant and tax adviser  Unlimited personal support by phone and email  Annual company P11D and employee P60s  Unlimited secretarial services  Acting as agent with HMRC for both director and the company  Personalised tax planning for the director  Ongoing tax advice for the company  Quarterly bookkeeping health checks  Director self-assessment tax return  Monthly payroll for one employee including RTI return filing FreeAgent at no additional cost All Bright Ideas clients get automatic access to FreeAgent – the UK’s #1 small business accounting software. Used by more than 60,000 freelancers, contractors, and small businesses, it helps to improve efficiency and ensure compliance with Making Tax Digital. FreeAgent is HMRC-compatible, incredibly user-friendly, and can be used from any device at any time. It provides a full overview of your business performance, income, and profitability, as well as many other features. Cash-flow monitoring dashboard Estimate and invoice tracking and creation Direct tax return submission to HMRC Automatic generation of VAT returns On-the-go expense recording and management Direct connection to bank accounts Smart timesheets About FreeAgent Looking to Switch Accountants? Does your current accountant give 1-to-1 support? Are they fast and thorough?Slap-dash services hold businesses back, so try our expert accountants instead. We make the transition simple, get in contact with us today and we’ll start the process. Switch accountants Ready to join us? Looking for experienced accountants for doctors with specialist industry expertise? That’s us. We’ll enable you to reap all the rewards of being a locum doctor, without the burden of the numbers. Bright Ideas Accountancy can support not only with the likes of the tax return, but also choosing between being a sole trader or limited company. If you already have an accountant and need to change, we can even help make the switch seamless. Contact us to get started Get in touch with accountants for doctors!  0161 669 4221  info@biaccountancy.com Request a call back Get in touch For more information, read our free contractors guide Download I agree to Bright Ideas’ Privacy Policy and my email being stored and used to receive newsletters. I understand that I can withdraw my consent at anytime. Our clients have a lot to say about us EXCELLENT Based on 100 reviews Posted on Jamie Ciel Jack and the team have been fantastic, friendly, knowledgeable and easy to work with. I would highly recommend for all your accounting needs! Posted on Rob Hutchison Efficient and helpful accountants. Always willing to help and get the job done. What more do you need in accountants? Posted on Paul Hemmingfield I don't generally leave Google reviews, but I've been using Bright Ideas Accountancy for multiple years now and Jack who deals with my accountants has always been excellent so thought it time to leave one! Highly recommended. Posted on Marios Papadimitri I've been with BI for 8 years now, and I have always been happy with their service. My current accountant, Hafsa, has always been happy to help with the many queries I had over the years, and continues to address any and all issues or submissions quickly and efficiently. Posted on Ernestine Pideli Turita Hafsa is an incredible accountant. I am happy with her services. Posted on Alex Thorley I've continued to use Bright Ideas for many years and have always had no issues, specifically Hafsa and Jack have been great in helping with any queries I've had. Continue to highly recommend! Posted on Nitin C Jack has been helpful and very knowledgeable with my accounts. He's been available and answered my queries quickly and efficiently, either by phone or email. I would highly recommend this accountancy service. Posted on Nick Holmes Jack is super easy to work with – he makes everything clear and easy to understand. He communicates in a straightforward way, is always approachable, and provides advice that feels tailored to my situation whilst being professional and efficient. Posted on George Trott Hafsa is incredibly helpful and knowledgeable, being new to running a business, her advice and at times, patience, has been invaluable during my first year of business. I highly recommend both Hafsa, and Bright Ideas Accountancy Posted on Adam Pearce Working with Millie is a delight, as she makes sure that all big tasks are taken care of (e.g. annual accounts, quarterly VAT, monthly payroll, etc), while still taking the time to answer our never-ending day-to-day questions on pensions, sick leave, dividends, etc. This gives us a peace of mind and allows us to focus on our work, knowing that our UK accounting duties are taken care of by Millie. We've worked with Millie for a few years now and look forward to more successful years of working together! Showing our latest reviews Start the conversation Let’s make your finances Brighter Call us Monday to Friday 9am - 5pm 0161 669 4221 Get in touch  Request a call back AccountingOur Services Financial Planning Switching Accountants Pricing FreeAgent AboutAbout Us Who We Help Our Partners FAQ What Our Clients Say InformationResources Become a Client Client Area Refer a Friend Contact usWe are open: Monday to Friday 9:00am to 5:00pm T: 0161 669 4221 E: info@biaccountancy.com Facebook Twitter LinkedIn Download Our App Sitemap Terms & Conditions Privacy Policy Cookie Policy Contact .st0{fill:#00B67A;} © 2025 BI Accountancy - Registered Office: 80 Ashton Road, Denton, Manchester M34 3JF. 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.st0{fill:#00B67A;} Resources News & Articles Contracting Guides Pay Calculator Capital Gains Tax Calculator VAT Calculator Spouse Share Planning Calculator Refer a friend Client area Call Us: 0161 669 4221 Become a Client Our services Accountancy Service Packages Sole Trader Limited Company Small to Medium Enterprise (SME) Financial Planning Switching Accountants Pricing Price Comparison FreeAgent FAQ Who we help Advanced Nurse Practitioners (ANP) Architects Consultants Doctors Engineers Freelancers IT Contractors Landlords Non-Exec Directors Oil & Gas Contractors Pilots and Aviation Project Managers Renewable Energy Contractors Small Business Surveyors About us Our Partners What Our Clients Say FAQ Contact us Become a Client Select Page Accountants for Nurses & Healthcare Professionals Financial Empowerment for Nurse Practitioners with Bright Ideas Accountancy Let Bright Ideas Accountancy simplify your finances As an advanced nurse practitioner and provider of patient-centred care, you obviously have a lot of responsibility and pressure to bear. While self-employment offers many benefits – such as more flexibility, autonomy, the chance to be more selective when choosing a role, and higher pay – this is curtailed by the accounting side of things. Whether you choose to operate as a limited company or sole trader, there’s no getting around the admin and financial complications of working for yourself. Thankfully, there is a way to minimise this stress – and maximise your take-home pay. Introducing: Bright Ideas Accountancy. We’ve supported many nurses and healthcare professionals, drawing on our specialist knowledge and experience to help them manage their money and taxes efficiently. Our expert accountants for nurses ensure you meet every tax deadline and plan for future scenarios, so you can focus on supporting the health of others. Request a call back Get in touch Why Choose Bright Ideas? By choosing Bright Ideas for your accounting needs, you’ll get an expert partner at your fingertips. We’ll manage your finances, simplify the jargon, and even advise on aspects such as profit and loss. It’s more than accounting – you get to draw on our extensive experience in helping advanced nurse practitioners across the UK. We’re 100% cloud-based too, digitising your affairs and giving you 24/7 access to your accounts no matter where you are. Whether through FreeAgent or QuickBooks, you’ll always have a clear picture of your finances. The support we offer goes beyond the products we use. With dedicated Account Managers, we provide a one-to-one service so that you’ll receive tailored guidance. This also enables us to be incredibly responsive, with a guaranteed same-day response to calls and emails received before 3pm. We have a variety of accounting packages – all with transparent pricing. But whichever you choose, you’ll receive unlimited face-to-face meetings and periodic bookkeeping health checks. Because your success is our success. All inclusive package  Free company incorporation  Yearly annual return preparation  Annual accounts preparation & filing  Quarterly MTD-compliant VAT return preparation & filing  Company tax return preparation & filing  Monthly subscription to FreeAgent included - and user tutorial for no extra charge  Your own dedicated accountant and tax adviser  Unlimited personal support by phone and email  Annual company P11D and employee P60s  Unlimited secretarial services  Acting as agent with HMRC for both director and the company  Personalised tax planning for the director  Ongoing tax advice for the company  Quarterly bookkeeping health checks  Director self-assessment tax return  Monthly payroll for one employee including RTI return filing FreeAgent at no additional cost All Bright Ideas clients get automatic access to FreeAgent – the UK’s #1 small business accounting software. Used by more than 60,000 freelancers, contractors, and small businesses, it helps to improve efficiency and ensure compliance with Making Tax Digital. FreeAgent is HMRC-compatible, incredibly user-friendly, and can be used from any device at any time. It provides a full overview of your business performance, income, and profitability, as well as many other features. Cash-flow monitoring dashboard Estimate and invoice tracking and creation Direct tax return submission to HMRC Automatic generation of VAT returns On-the-go expense recording and management Direct connection to bank accounts Smart timesheets About FreeAgent Looking to Switch Accountants? Does your current accountant give 1-to-1 support? Are they fast and thorough?Slap-dash services hold businesses back, so try our expert accountants instead. We make the transition simple, get in contact with us today and we’ll start the process. Switch accountants Ready to join us? Want support from an accountant who has helped many others in your industry to thrive? Bright Ideas has the skills and knowledge to ensure your financial affairs are in order, you’re fully compliant, and you can take the most money home. Plus, with our digital-first approach, you have access to our support on the go. It doesn’t matter where you’re operating – at any time, you’ll be able to get an overview of your accounts and seamlessly carry out tasks such as logging expenses or tracking invoices. Contact us to get started Find out more and speak to our accountants for nurses!  0161 669 4221  info@biaccountancy.com Request a call back Get in touch For more information, read our free contractors guide Download I agree to Bright Ideas’ Privacy Policy and my email being stored and used to receive newsletters. I understand that I can withdraw my consent at anytime. Our clients have a lot to say about us EXCELLENT Based on 100 reviews Posted on Jamie Ciel Jack and the team have been fantastic, friendly, knowledgeable and easy to work with. I would highly recommend for all your accounting needs! Posted on Rob Hutchison Efficient and helpful accountants. Always willing to help and get the job done. What more do you need in accountants? Posted on Paul Hemmingfield I don't generally leave Google reviews, but I've been using Bright Ideas Accountancy for multiple years now and Jack who deals with my accountants has always been excellent so thought it time to leave one! Highly recommended. Posted on Marios Papadimitri I've been with BI for 8 years now, and I have always been happy with their service. My current accountant, Hafsa, has always been happy to help with the many queries I had over the years, and continues to address any and all issues or submissions quickly and efficiently. Posted on Ernestine Pideli Turita Hafsa is an incredible accountant. I am happy with her services. Posted on Alex Thorley I've continued to use Bright Ideas for many years and have always had no issues, specifically Hafsa and Jack have been great in helping with any queries I've had. Continue to highly recommend! Posted on Nitin C Jack has been helpful and very knowledgeable with my accounts. He's been available and answered my queries quickly and efficiently, either by phone or email. I would highly recommend this accountancy service. Posted on Nick Holmes Jack is super easy to work with – he makes everything clear and easy to understand. He communicates in a straightforward way, is always approachable, and provides advice that feels tailored to my situation whilst being professional and efficient. Posted on George Trott Hafsa is incredibly helpful and knowledgeable, being new to running a business, her advice and at times, patience, has been invaluable during my first year of business. I highly recommend both Hafsa, and Bright Ideas Accountancy Posted on Adam Pearce Working with Millie is a delight, as she makes sure that all big tasks are taken care of (e.g. annual accounts, quarterly VAT, monthly payroll, etc), while still taking the time to answer our never-ending day-to-day questions on pensions, sick leave, dividends, etc. This gives us a peace of mind and allows us to focus on our work, knowing that our UK accounting duties are taken care of by Millie. We've worked with Millie for a few years now and look forward to more successful years of working together! 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.st0{fill:#00B67A;} Resources News & Articles Contracting Guides Pay Calculator Capital Gains Tax Calculator VAT Calculator Spouse Share Planning Calculator Refer a friend Client area Call Us: 0161 669 4221 Become a Client Our services Accountancy Service Packages Sole Trader Limited Company Small to Medium Enterprise (SME) Financial Planning Switching Accountants Pricing Price Comparison FreeAgent FAQ Who we help Advanced Nurse Practitioners (ANP) Architects Consultants Doctors Engineers Freelancers IT Contractors Landlords Non-Exec Directors Oil & Gas Contractors Pilots and Aviation Project Managers Renewable Energy Contractors Small Business Surveyors About us Our Partners What Our Clients Say FAQ Contact us Become a Client Select Page Frequently Asked Questions Get answers to the most frequently asked questions about our online accounting services Who are Bright Ideas? We’re a firm of qualified and specialist accountants providing high-end services for contractors, freelancers, sole traders, limited companies and small to medium enterprise businesses. Is Bright Ideas right for me? We offer accounting support for anyone working or running a business in almost any sector. If you’re a contractor, freelancer, sole trader, limited company or small to medium enterprise business there’s a good chance we’re the perfect fit for you. Get in touch and chat with our advisors to find out more. How much are the fees? Fees vary depending on the chosen package and your preferences. We don’t believe you should have to pay for something you don’t need, which is why we offer bespoke solutions for every client. We have packages available for sole traders, limited companies and contractors. Please see our pricing page for further information. Are there any hidden fees? No. The price we quote is the price you pay. The only time you will pay more is if you’d like to list our address as your registered office or add any other optional package extras. Will I be tied into a contract? We operate on a monthly rolling contract, meaning you are able to cancel the service with just 1 months notice. We’re confident that, once you join, you won’t want to leave! I’m a sole trader. Do I need an accountant? Even when you’re first starting out as a sole trader and your earnings are on the low side, having an accountant by your side can prove invaluable. This way, you’ll never lose track of your finances. With Bright Ideas, sole trader support is completely affordable – with packages starting from just £50+VAT a month. I’m a contractor. Should I choose limited company or umbrella contracting? When deciding on how to operate in your first contract, there a number of factors that will influence your decision – such as IR35 status. Speak to one of our experts to determine the best option for you. How long does it take to set up a limited company? We can usually set you up as a limited company in three hours, although it can take up to 24 hours in certain circumstances. What’s the next step after setting up my limited company? Once the limited company has been incorporated, you should set up a business bank account. This can take anywhere up to six weeks. We suggest booking an appointment with your local branch to speed the process up. Do I need to register for VAT? Regardless of whether you’re an IT, oil & gas, or renewable energy contractor, freelancer or small business owner, if your turnover is below the VAT threshold (£85,000 as of 2023/24) then there’s no legal requirement to register for VAT. However, voluntary registration may be more tax-efficient as you can benefit from the flat rate scheme. Get in touch for more information. Do I need business insurance as a contractor? You should obtain professional indemnity and public liability insurance. These will most likely be a requirement stated in your contract. If you also have employees, you’ll need employers’ liability insurance. What expenses can I claim for? You can claim for any expenses that are wholly, exclusively and necessary for the running of your business. Our accountants will be able to tell you more and outline exactly what you can claim for. What do you need from me? Simply keep your books up to date with the right numbers. This enables us to calculate the relevant taxes. You’ll also need to be ready to make any necessary payments. How do I know if I am entitled to a tax refund? A refund is generally due where tax has either been overpaid due to incorrect tax codes, CIS suffered in the year or expenses you have incurred that haven’t been claimed for. In either case we can quickly access whether a refund is due or not. Do I need an accountant if I’m self-employed? Is it legally required? No. Do we recommend doing so? Yes! An accountant can help provide qualified advice on any eligible expenses you may have, the most efficient way of structuring your setup for tax purposes, and finally to ensure compliance. Do you need a business account as a sole trader? You do not have to have a separate business bank account as a sole trader; however, it is recommended in order to separate business transactions from personal ones. This in turn makes it easier for you or your accountant to reconcile your books. How can I submit my tax return online? You can submit this via the HMRC portal or alternatively if you have bookkeeping software, such as FreeAgent, then this has the ability to submit directly to HMRC. How do I change accountants? Changing accountants is simple, just look at our process here – https://biaccountancy.com/our-services/switching-accountants/ How do I get my VAT number? Your VAT number is issued directly from HMRC upon registering for VAT. We can assist with both the VAT registration, preparation and submission. How do I start as self-employed? Upon starting as self-employed you will need to register with HMRC, this will inform them of your requirement to submit a tax return and potentially any National Insurance payable. How do I file taxes if I’m self-employed? Filing taxes can either be done directly on the HMRC Gov portal, or alternatively via a software and/or accountant. How does tax work for self-employed? Taxes are paid in line with your self-assessment tax return, which are worked out based on the profits you make, taking into account all sales and all expenses incurred within the year. How does VAT work? Once you have registered for VAT you must then charge 20% VAT (as per current rates 2024) on any VATable sales made. Depending on which scheme you decide to join you may be able to recoup the VAT you have incurred on any purchases/expenses. How do I apply for a VAT number? Once you have registered for VAT with HMRC you will be sent your VAT certificate by post. This will contain both your VAT number and your VAT effective date, which is the point you must start charging VAT on your sales. How do I complete a self-assessment tax return? The self-assessment tax return is made up of various components depending on the income sources you have. You can complete a self-assessment via the HMRC portal or alternatively seek the help of an accountant. What records do I need to keep as a sole trader? You will be required to keep all records of business income and expenses, this includes bank statements, receipts and invoices. Records also need to be kept for at least 5 years from the submission deadline of the relevant tax year. What business structure should I choose? This depends on a number of factors: profit levels, security and image to name a few. It is highly recommended discussing this with an accountant, who can guide you on the right choice for you. What can an accountant do for me? An accountant can assist in several ways, mainly compliance but also in terms of ensuring you are utilising all tax breaks, and efficient structures available. As a company we provide a dedicated accountant who will provide bespoke tax planning to ensure you are operating as efficiently as possible. What can I claim back on tax? Any expenditure incurred wholly and exclusively for business purposes is able to be claimed and thus will lower your tax position. What is FreeAgent? FreeAgent is a bookkeeping software, which helps minimise the administration burden along with giving you a clear picture of the company finances. Together with FreeAgent an accountant can help ensure that you are being a tax efficient as possible and claiming for all relevant expenses and/or tax breaks allowable. What services do accountants provide to small businesses? Depending on your setup, accountants can assist with a range of different services, from bookkeeping, VAT returns, tax planning, accounts preparation and submission, self-assessment tax return preparation and submission, payroll etc… We always advise on reaching out to discuss the services you may require. When do sole trader accounts have to be filed? A sole trader will need to declare their income on the self-assessment tax return, this runs in line with the tax year 6th April to 5th April and is due for submission no later than 31st January. Why do you need an accountant? Accountants are in place to ensure you are compliant with the tax laws but also to help you save tax where possible, this can be through means of restructuring your setup, missed opportunities and tax planning measures. How much should freelancers charge per hour? There are various factors to consider when it comes to your charge out rate, this is best discussed with one of our accountants who can walk you through the rates and what that means in terms of take-home pay for yourself. How do I claim overpaid tax on my pension? If you believe you have overpaid tax on a pension then you may be able to liaise directly with HMRC in order for them to provide a tax calculation in which the overpaid tax would then be processed. Alternatively, you may have to complete a self-assessment tax return. What services can an accountant offer for effective retirement planning? As accountants we are able to offer advice on tax implications of pensions and work out numbers in terms of what you’d be looking to take during retirement etc… however, this planning is best done between both the accountant and an independent financial advisor. Accounting - Frequently Asked Questions(FAQ) { "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [{ "@type": "Question", "name": "Who are Bright Ideas?", "acceptedAnswer": { "@type": "Answer", "text": "<p>We’re a firm of qualified and specialist accountants providing high-end services for contractors, freelancers, sole traders, limited companies and small to medium enterprise businesses.</p> " } }, { "@type": "Question", "name": "Is Bright Ideas right for me?", "acceptedAnswer": { "@type": "Answer", "text": "We offer accounting support for anyone working or running a business in almost any sector. If you’re a contractor, freelancer, sole trader, limited company or small to medium enterprise business there’s a good chance we’re the perfect fit for you. Get in touch and chat with our advisors to find out more." } }, { "@type": "Question", "name": "How much are the fees?", "acceptedAnswer": { "@type": "Answer", "text": "Fees vary depending on the chosen package and your preferences. We don’t believe you should have to pay for something you don’t need, which is why we offer bespoke solutions for every client. We have packages available for sole traders, limited companies and contractors. Please see our pricing page for further information." } }, { "@type": "Question", "name": "Are there any hidden fees?", "acceptedAnswer": { "@type": "Answer", "text": "No. The price we quote is the price you pay. The only time you will pay more is if you’d like to list our address as your registered office or add any other optional package extras." } }, { "@type": "Question", "name": "Will I be tied into a contract?", "acceptedAnswer": { "@type": "Answer", "text": "We operate on a monthly rolling contract, meaning you are able to cancel the service with just 1 months’ notice. We’re confident that, once you join, you won’t want to leave!" } }, { "@type": "Question", "name": "I’m a sole trader. Do I need an accountant?", "acceptedAnswer": { "@type": "Answer", "text": "Even when you’re first starting out as a sole trader and your earnings are on the low side, having an accountant by your side can prove invaluable. This way, you’ll never lose track of your finances. With Bright Ideas, sole trader support is completely affordable – with packages starting from just £50+VAT a month." } }, { "@type": "Question", "name": "I’m a contractor. Should I choose limited company or umbrella contracting?", "acceptedAnswer": { "@type": "Answer", "text": "When deciding on how to operate in your first contract, there a number of factors that will influence your decision – such as IR35 status. Speak to one of our experts to determine the best option for you." } }, { "@type": "Question", "name": "How long does it take to set up a limited company?", "acceptedAnswer": { "@type": "Answer", "text": "We can usually set you up as a limited company in three hours, although it can take up to 24 hours in certain circumstances." } }, { "@type": "Question", "name": "What’s the next step after setting up my limited company?", "acceptedAnswer": { "@type": "Answer", "text": "Once the limited company has been incorporated, you should set up a business bank account. This can take anywhere up to six weeks. We suggest booking an appointment with your local branch to speed the process up." } }, { "@type": "Question", "name": "Do I need to register for VAT?", "acceptedAnswer": { "@type": "Answer", "text": "Regardless of whether you’re an IT, oil & gas, or renewable energy contractor, freelancer or small business owner, if your turnover is below the VAT threshold (£85,000 as of 2023/24) then there’s no legal requirement to register for VAT. However, voluntary registration may be more tax-efficient as you can benefit from the flat rate scheme. Get in touch for more information." } }, { "@type": "Question", "name": "Do I need business insurance as a contractor?", "acceptedAnswer": { "@type": "Answer", "text": "You should obtain professional indemnity and public liability insurance. These will most likely be a requirement stated in your contract. If you also have employees, you’ll need employers’ liability insurance." } }, { "@type": "Question", "name": "What expenses can I claim for?", "acceptedAnswer": { "@type": "Answer", "text": "You can claim for any expenses that are wholly, exclusively and necessary for the running of your business. Our accountants will be able to tell you more and outline exactly what you can claim for." } }, { "@type": "Question", "name": "What do you need from me?", "acceptedAnswer": { "@type": "Answer", "text": "Simply keep your books up to date with the right numbers. This enables us to calculate the relevant taxes. You’ll also need to be ready to make any necessary payments." } }, { "@type": "Question", "name": "How do I know if I am entitled to a tax refund?", "acceptedAnswer": { "@type": "Answer", "text": "A refund is generally due where tax has either been overpaid due to incorrect tax codes, CIS suffered in the year or expenses you have incurred that haven’t been claimed for. In either case we can quickly access whether a refund is due or not." } }, { "@type": "Question", "name": "Do I need an accountant if I’m self-employed?", "acceptedAnswer": { "@type": "Answer", "text": "Is it legally required? No. Do we recommend doing so? Yes! An accountant can help provide qualified advice on any eligible expenses you may have, the most efficient way of structuring your setup for tax purposes, and finally to ensure compliance." } }, { "@type": "Question", "name": "Do you need a business account as a sole trader?", "acceptedAnswer": { "@type": "Answer", "text": "You do not have to have a separate business bank account as a sole trader; however, it is recommended in order to separate business transactions from personal ones. This in turn makes it easier for you or your accountant to reconcile your books." } }, { "@type": "Question", "name": "How can I submit my tax return online?", "acceptedAnswer": { "@type": "Answer", "text": "You can submit this via the HMRC portal or alternatively if you have bookkeeping software, such as FreeAgent, then this has the ability to submit directly to HMRC." } }, { "@type": "Question", "name": "How do I change accountants?", "acceptedAnswer": { "@type": "Answer", "text": "Changing accountants is simple, just look at our process here – https://biaccountancy.com/our-services/switching-accountants/" } }, { "@type": "Question", "name": "How do I get my VAT number?", "acceptedAnswer": { "@type": "Answer", "text": "Your VAT number is issued directly from HMRC upon registering for VAT. We can assist with both the VAT registration, preparation and submission." } }, { "@type": "Question", "name": "How do I start as self-employed?", "acceptedAnswer": { "@type": "Answer", "text": "Upon starting as self-employed you will need to register with HMRC, this will inform them of your requirement to submit a tax return and potentially any National Insurance payable." } }, { "@type": "Question", "name": "How do I file taxes if I’m self-employed?", "acceptedAnswer": { "@type": "Answer", "text": "Filing taxes can either be done directly on the HMRC Gov portal, or alternatively via a software and/or accountant." } }, { "@type": "Question", "name": "How does tax work for self-employed?", "acceptedAnswer": { "@type": "Answer", "text": "Taxes are paid in line with your self-assessment tax return, which are worked out based on the profits you make, taking into account all sales and all expenses incurred within the year." } }, { "@type": "Question", "name": "How does VAT work?", "acceptedAnswer": { "@type": "Answer", "text": "Once you have registered for VAT you must then charge 20% VAT (as per current rates 2024) on any VATable sales made. Depending on which scheme you decide to join you may be able to recoup the VAT you have incurred on any purchases/expenses." } }, { "@type": "Question", "name": "How do I apply for a VAT number?", "acceptedAnswer": { "@type": "Answer", "text": "Once you have registered for VAT with HMRC you will be sent your VAT certificate by post. This will contain both your VAT number and your VAT effective date, which is the point you must start charging VAT on your sales." } }, { "@type": "Question", "name": "How do I complete a self-assessment tax return?", "acceptedAnswer": { "@type": "Answer", "text": "The self-assessment tax return is made up of various components depending on the income sources you have. You can complete a self-assessment via the HMRC portal or alternatively seek the help of an accountant." } }, { "@type": "Question", "name": "What records do I need to keep as a sole trader?", "acceptedAnswer": { "@type": "Answer", "text": "You will be required to keep all records of business income and expenses, this includes bank statements, receipts and invoices. Records also need to be kept for at least 5 years from the submission deadline of the relevant tax year." } }, { "@type": "Question", "name": "What business structure should I choose?", "acceptedAnswer": { "@type": "Answer", "text": "This depends on a number of factors: profit levels, security and image to name a few. It is highly recommended discussing this with an accountant, who can guide you on the right choice for you." } }, { "@type": "Question", "name": "What can an accountant do for me?", "acceptedAnswer": { "@type": "Answer", "text": "An accountant can assist in several ways, mainly compliance but also in terms of ensuring you are utilising all tax breaks, and efficient structures available. As a company we provide a dedicated accountant who will provide bespoke tax planning to ensure you are operating as efficiently as possible." } }, { "@type": "Question", "name": "What can I claim back on tax?", "acceptedAnswer": { "@type": "Answer", "text": "Any expenditure incurred wholly and exclusively for business purposes is able to be claimed and thus will lower your tax position." } }, { "@type": "Question", "name": "What is FreeAgent?", "acceptedAnswer": { "@type": "Answer", "text": "FreeAgent is a bookkeeping software, which helps minimise the administration burden along with giving you a clear picture of the company finances. Together with FreeAgent an accountant can help ensure that you are being a tax efficient as possible and claiming for all relevant expenses and/or tax breaks allowable." } }, { "@type": "Question", "name": "What services do accountants provide to small businesses?", "acceptedAnswer": { "@type": "Answer", "text": "Depending on your setup, accountants can assist with a range of different services, from bookkeeping, VAT returns, tax planning, accounts preparation and submission, self-assessment tax return preparation and submission, payroll etc… We always advise on reaching out to discuss the services you may require." } }, { "@type": "Question", "name": "When do sole trader accounts have to be filed?", "acceptedAnswer": { "@type": "Answer", "text": "A sole trader will need to declare their income on the self-assessment tax return, this runs in line with the tax year 6th April to 5th April and is due for submission no later than 31st January." } }, { "@type": "Question", "name": "Why do you need an accountant?", "acceptedAnswer": { "@type": "Answer", "text": "Accountants are in place to ensure you are compliant with the tax laws but also to help you save tax where possible, this can be through means of restructuring your setup, missed opportunities and tax planning measures." } }, { "@type": "Question", "name": "How much should freelancers charge per hour?", "acceptedAnswer": { "@type": "Answer", "text": "There are various factors to consider when it comes to your charge out rate, this is best discussed with one of our accountants who can walk you through the rates and what that means in terms of take-home pay for yourself." } }, { "@type": "Question", "name": "How do I claim overpaid tax on my pension?", "acceptedAnswer": { "@type": "Answer", "text": "If you believe you have overpaid tax on a pension then you may be able to liaise directly with HMRC in order for them to provide a tax calculation in which the overpaid tax would then be processed. Alternatively, you may have to complete a self-assessment tax return." } }, { "@type": "Question", "name": "What services can an accountant offer for effective retirement planning?", "acceptedAnswer": { "@type": "Answer", "text": "As accountants we are able to offer advice on tax implications of pensions and work out numbers in terms of what you’d be looking to take during retirement etc… however, this planning is best done between both the accountant and an independent financial advisor." } }] } Ready to join us? Whether you’re a contractor, freelancer, or small business, Bright Ideas can help remove the burden of time-consuming and complex finances. We’ll draw on our years of knowledge and experience earned helping sole traders just like you. When you choose us, you’ll be assigned a dedicated Account Manager who’ll provide one-on-one support that’s customised to your business. Communication is key, so we’ll always answer your questions or requests as soon as we can. In fact, we offer a same-day response guarantee for emails and calls received before 3pm. Contact us to get started Give us a call us or send an email today!  0161 669 4221  info@biaccountancy.com Request a call back Get in touch Looking to Switch Accountants? Does your current accountant give 1-to-1 support? Are they fast and thorough?Slap-dash services hold businesses back, so try our expert accountants instead. We make the transition simple, get in contact with us today and we’ll start the process. Switch accountants Start the conversation Let’s make your finances Brighter Call us Monday to Friday 9am - 5pm 0161 669 4221 Get in touch  Request a call back AccountingOur Services Financial Planning Switching Accountants Pricing FreeAgent AboutAbout Us Who We Help Our Partners FAQ What Our Clients Say InformationResources Become a Client Client Area Refer a Friend Contact usWe are open: Monday to Friday 9:00am to 5:00pm T: 0161 669 4221 E: info@biaccountancy.com Facebook Twitter LinkedIn Download Our App Sitemap Terms & Conditions Privacy Policy Cookie Policy Contact .st0{fill:#00B67A;} © 2025 BI Accountancy - Registered Office: 80 Ashton Road, Denton, Manchester M34 3JF. 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.st0{fill:#00B67A;} Resources News & Articles Contracting Guides Pay Calculator Capital Gains Tax Calculator VAT Calculator Spouse Share Planning Calculator Refer a friend Client area Call Us: 0161 669 4221 Become a Client Our services Accountancy Service Packages Sole Trader Limited Company Small to Medium Enterprise (SME) Financial Planning Switching Accountants Pricing Price Comparison FreeAgent FAQ Who we help Advanced Nurse Practitioners (ANP) Architects Consultants Doctors Engineers Freelancers IT Contractors Landlords Non-Exec Directors Oil & Gas Contractors Pilots and Aviation Project Managers Renewable Energy Contractors Small Business Surveyors About us Our Partners What Our Clients Say FAQ Contact us Become a Client Select Page Specialist Accountancy Services for Contractors, Freelancers & Small Businesses Welcome to Bright Ideas, we are a fully online accountancy that works exclusively with the self-employed and small businesses. 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