Wednesday, March 28, 2012

Could I get a job writing about finance for a newspaper after uni?

Could I get a job writing about finance for a newspaper after uni?
I'm doing a degree in accounting. Although the degree is accounting we do economics, business organisation and general business studies etc. We are well rounded i think is how they would describe it. Although I will probably become an accountant I am wondering (if I decided not to follow this route) if i would be able to go into writing about financial and business matters for a newspaper or magasine. How do business journalists become journalists? I may consider doing a masters degree after my current degree and this would be in a more general business area or economics.
Other - Careers & Employment - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
If this is something you think you might be good at, then contact your local newspaper. See if you can submit a freelance writing sample. It may or may not get published, but you may be able to get a critique from the Business Editor. I say, give it a try.

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Wednesday, March 14, 2012

How to set up an accountancy practice in UK?what is the process & formalities involved in the set up?

How to set up an accountancy practice in UK?what is the process & formalities involved in the set up?
I' m business consultant and have been working in London over 6 years, my partner recently completed her ACCA and she wants to team with a senior accountant and set up a practice. Please advice this is not my area of expertise.
United Kingdom - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Well...... Its all very good and well her passing her final exams but she now needs to obtain her practising certificate from the ACCA which is another exam all over again ! Oh and she needs to possess the relevent number of years of works experience....... Good luck....... David
Answer 2 :
I think the fact you are asking this question here just shows that you really dont have the experience to set up in practise yet. I wouldnt want an accountant advising me in my business if they didnt know the answer to this question themsleves. Give it a go a few years down the line. And congratulations on passing the exams!

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Wednesday, March 7, 2012

if i want to work as a contractor in the UK, would i need to calculate and pay taxes myself?

if i want to work as a contractor in the UK, would i need to calculate and pay taxes myself?
Right now i'm working in a permanent position, but I know for a fact that Contractors doing the same job gets paid significently more. If i do want to go into contracting, will I need to hire an accountant to do my book keeping? With Income Tax a,d National Insurance and all their complexities involved.
United Kingdom - 6 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Simply... yes.
Answer 2 :
If you are from abroad and not familiar with the UK tax system, then you should get an accountant - mistakes with tax can be very expensive!
Answer 3 :
The straight, short, simple answer is 'of course you will'.....unless you wish to do it for yourself.
Answer 4 :
You'll need to fill in a tax return. You can do this online nowadays. If you're new to this I'd certainly hire an accountant.
Answer 5 :
You don't NEED an accountant IF you can do it yourself. The trouble is that if you get it wrong you really are in trouble. The inland revenue and VAT people don't take excuses too easily.
Answer 6 :
Of course Income Tax & NI will have to be calculated & paid depending on your income. If you call your self a contractor/sub contactor but you are working for the same company all the time, then you must be an empoyee paid on the terms of PAYE, as you are not self employed, seeking , advertising & enterprising future work for your self or your company.

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Thursday, March 1, 2012

Who writes a reference for someone who has been Freelancing?

Who writes a reference for someone who has been Freelancing?
I have been working on my own for a year and have been spectacularly unsuccessful having made absolutely no money and spending all my savings! Now I have a conventional permanent job offer and need to have a reference written. I haven't used the services of an accountant. The only possible reference could come from my Bank where I have paid a "salary" into my account for the last 12 months. Would a bank referenece be ok? If not, what could I do?
Other - Careers & Employment - 8 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Depends what you have been doing as freelancing. Use any references you have prior to that. Then, depending on what work you have done with your freelancing, could you get a reference from one of your customers? Or if you can't get one, then try just providing an overview yourself of what you have done for the past year, plus references from previous. If nothing else, maybe you need to claim you have been 'travelling' for the past year.
Answer 2 :
get a reference from where you used to work before, or did you do one job freelance if so get a ref from them if they are offering you a job why do they want a reference?
Answer 3 :
depends on what you've been doing, most freelancers keep a portfolio of work they have done and the clients they have done them for containing samples, pictures brief outlines, maybe you could ask someone who was very pleased with the work you had done to be a reference for you, or get a statement from them and put it into your portfolio. what you had tried to achieve was probably different to most people and i would ask your prospective employers to take this into consideration, sometimes all that is required is a character reference from someone in the community who knows you well.
Answer 4 :
Could you get a reference from one of your customers
Answer 5 :
Well you must have worked before that? Have you got a portolio also of your freelance work. And could not you provide personal referees.Most employers are not so unreasonable that they don't understand that sometimes we don't all have references. Maybe you should just explain to them the situation.
Answer 6 :
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Answer 7 :
I dont really understand your explanation. Why would having an accountant help as a reference.? Do you mean to show that you were employed and not in prison or something? Because your bank would not provide a reference. What were you freelancing as? If you were a freelance journalist or photographer then just show them some of your work. If you were a freelance decorator etc , just get some testimonials from customers. A reference from a company basically just confirms that you were employed by them between certain dates. They are not allowed to put negative stuff on it. If it is just a personal character reference then just get someone you have known for 5+ years and who has a steady semi professional job - works in a bank etc to confirm what you like.
Answer 8 :
if you explain you predicament to a potential employer they will generally allow you to have two personal references from people who have known you for over two years.

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