5 business finance myths busted
1. BR tax code is bad. If I had £1 for everyone who complained to me about being on a BR tax code, I'd be very rich! What is the…
5 ways to increase your pay when you work for yourself
1. Increase your customers Here are some questions to consider... Do you need more customers? How can you get them? Does everyone know what products and services you offer? When…
I am a director of a Limited Company. Do I need to complete a self-assessment tax return?
Remember, as a director of a Limited Company, you may still need to do a self assessment for the 21/22 tax year by 31st January 2023. Your self-assessment is your…
5 common mistakes sole traders make on FreeAgent when they don’t get support from an accountant or bookkeeper.
FreeAgent accounting software is fab. It is available for free with certain business bank accounts and is really user friendly. As a sole trader, you can do it all yourself!…
5 reasons why you should see accountants and bookkeepers as an investment in (and not a cost to!) your business
1. They will help get your accounts and tax return right. Note I am not saying they will save you tax. If you are overpaying tax then absolutely they will…
5 worst bits of my job and how I try to overcome them…
1. Waiting on hold to HMRC! Even with the new hold music and also Claire from Loud and Clear Accounting producing alternatives (😂 https://www.linkedin.com/posts/claire-owen-jones_musicforaccountants-hmrc-music-activity-6975014507991420928-UqlQ?utm_source=share&utm_medium=member_android) this is not my favourite way to…
5 things you need to know about VAT registration as a small business owner in the UK
1. The £85k threshold explained... You must register if, by the end of any month, your total VAT taxable turnover for the last 12 months was over £85,000. You have to register…
UK Small Business Tax: The Basics
I had a conversation with a fellow business owner recently; she wasn’t a client, and she was telling me how little she knew about UK tax when she set up…
5 reasons coaches are great for small business owners
1. Calmness A good coach will be able to see things you don't when you are in chaos and overwhelm. They will ask the questions that make you think a…
