This post is inspired by a post on The Enterpreneur.com blog. You can read that here: http://www.entrepreneur.com/article/234916 After reading the article above, I thought it might be fun to tell my story of why I’m in business for myself. I’ve outlined a few of the points listed, and given you my take on them: 1. Spare
Reasons to change your accountant… So, what reason could you possibly have for changing your accountant? It’s quite a big step! The normal reasons are generally that you don’t feel you’re getting the service you require or their fees have increased exponentially. There are some other very good reasons though. For instance, does your accountant
If you run your own business, there are a huge range of costs that you can claim as legitimate expenses. This is a fantastic way to reduce the amount of tax that you pay each year. If you’re sensible, and keep hold of all of your receipts, including those for the £1 parking, you can
Having got to the end of the Tax return deadline of 31st of January, it never ceases to amaze us how many people haven’t got their accounts in order. We get any number of boxes of receipts, bank statements, bits of papers and queries, all in the last few days before the accounts are due!
Making sure your finances are in order and keeping an eye on your cash flow are the keys to business success – unless you want to dedicate a large portion of your working life to keeping your accounts up to date, you need an accountant! Any good accountant will be able to give you great
5 Great reasons your startup business NEEDS an accountant! Ok, so you’ve got your great idea for a fabulous new business. You have your shiny new computer, list of contacts, and all the necessary bits and bobs for starting off in your venture. You don’t need an accountant yet though, surely? They come at
Insufficient Funds Very rarely does any business just ‘start’ trading. Quite often it can be weeks or even months before the cash starts rolling in. Beware as well of costs that you probably haven’t even considered. If you’re shipping goods, how much tape will you be using? Will you have to order an additional telephone
PAYE code – Is yours correct? Many people assume that their PAYE code is correct, or that their tax will be automatically adjusted at the end of the tax year once year end submissions are done. Well neither of these are necessarily true. If we start with paying the right tax – if you stop
Tax Tips for photographers Tax Tips for photographers – I have a special interest in photography. Not because I take photographs, but because my husband is a photographer. I also work with a number of photography businesses and so have some accounting and tax expertise in this industry. So here are a few tax tips
Reduce Business Stress Reduce Business Stress – We’re all after less stress aren’t we? Sure a bit of pressure can stop you drifting aimlessly and add some purpose to your life – but purpose isn’t the same as stress, is it. If you run your own business the stress in many ways is greater – life, money, work, even