Running your own business and becoming self-employed can be really exciting and rewarding, but as a business owner you also have your responsibilities. Some of them, if not taken seriously, can get you into serious trouble. One of these things that every self-employed person should …
🤔 Spending hours trying to figure out which supplier invoices need paying? 🤔 Not sure what has already been approved for payment by an authorised person in your organisation? 🤔 It’s never clear who approved an invoice for payment and who you should direct your queries to? 🤔 …
We’re a big advocate of using accounting software in your business. This especially applies to bigger business or businesses that are staring to grow or those that manage multiple projects. If you are a small business and have a small volume of transactions throughout the year …
You run your business to earn money. That’s not a secret. This money pays your business and personal bills, your employees’ wages, puts food on your table and lets you also enjoy your life by doing things you love. Being paid by your clients on …
As you run your business, you know how important it is to monitor your bank accounts. There are a few reasons to do that: to keep an eye on any fraudulent activities and act on them as quicky as possible to check payments from your clients …
Do you remember the second most important rule about business expenses for self-employed we mentioned in this article? It says that if your expenses are both for private and business use, you can only claim …
Are you self-employed and running your business from home? Or maybe you have an office but occasionally you work from home? In your pyjamas, wrapped up nicely, feeling so cosy 🙂 Whether you run all your operations from home or do only a few hours from time to time, make sure …
The time has come. You need to prepare and submit your self-assessment tax return but the question is What can you claim as an expense when you’re self-employed? Self-employment has its advantages but there are certain aspects of it that can be …
When Should I Submit My Self Assessment Tax Return? There are two deadlines for submitting your self assessment tax return and they depend on whether you submit – a paper tax return or – an online tax return. The submission deadline for paper tax returns is …
