Carl Bridges

Carl Bridges is the Operations Director at Caroola Accountancy, where he has over 15 years of experience supporting UK contractors. Carl joined Caroola Accountancy in 2011 as an assistant accountant and has progressed through the organisation while gaining his AAT and ATT qualifications. Carl brings extensive expertise in limited company finance, compliance, and operational delivery, helping contractors navigate an increasingly complex landscape.

How will HMRC's Direct Debit plan affect contractors paying VAT and PAYE?

HMRC is consulting until Sunday on plans to make Direct Debit mandatory for VAT and PAYE payments, hitting contractors paid on agency terms of 30-60 days. Dedicated tax reserve accounts will surely come into their own. Either way, respond to HMRC.

14th August, 2026

Profit and loss accounts set for public filing at Companies House from 2028 — what it means for your contractor business

The rules on what small companies must make public about their finances are changing — and the changes go further than many owners realise. Even a new opt-out from public P&L reporting is only part of a much bigger shift in what Companies House will expect from you.

30th June, 2026 | Money

VAT compliance checks are changing — here’s what contractors need to know

Focusing on just figures if probed by HMRC over VAT is a fool’s errand. Far safer to evidence, explain and justify EVERYTHING because soon, the taxman will be done probing mid-sized firms.

17th June, 2026