Making Tax Digital (MTD) is the Government’s initiative to make the UK tax system digitally advanced. In practice it means that taxpayers have to keep digital records and submit …
Corporation tax is a type of tax paid by limited companies in the UK on their annual profits. It doesn’t apply to the self-employed or those in a business partnership. If you are a sole trader or in a partnership …
You can’t escape from bookkeeping in your business. It is your and your business’s legal requirement to keep your business records, but it’s not only this. If you want your business to grow or at least bring you a steady income, you need to …
If you spend hours entering bills into your accounting software, you know it isn’t always fun. What if we tell you, you can make it quicker and more accurate? …
So you have a big plan of turning your dreams into a reality and start your own business? Congratulations! This is going to be an amazing journey. But you are here to make this journey not only amazing but also to make sure you do things right and to …
Looking for some great tips about self-assessment tax returns for self-employed? You’ve landed on the right page. Let’s walk you through the best 6 tips. …
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 …
Sign up for your package here.
Please fill out the details below and a member of our team will then be in touch to complete onboarding.
