Contrary to popular belief being employed and self-employed are not opposites. This means you can freelance! Having a full-time salaried job while earning extra coin is likely to be welcomed…
Making Tax Digital is nothing new if you are a VAT-registered business with a taxable turnover in excess of £85,000. But if you’re not, then a government announcement last month…
Company year-end can feel like a big chore if you are a director of a limited company. It is a statutory task that directors must ensure takes place. As a…
Contractors and freelancers will join pay-as-you-earn (PAYE) schemes from April 2021 after the government agreed to IR35 changes. The controversial change puts the onus on employers to decide whether freelance…
We have looked previously at cash flow and how important it is that your clients pay an invoice on time. If they delay payments regularly it can be impossible to…
Accounting software is a huge help to small business owners. Anyone who has had to grapple with spreadsheets, reams of paper and receipts will tell you keeping track of your…
Payroll is a legal requirement for all businesses that have employees. It can seem daunting but it is a simple process as long as you follow the guidelines. There are…
Freelancers or sub-contractors can be more tax efficient if they understand expenses. While they may not have total job security, freelancers love the flexibility they have. Working for different clients…
Becoming a company director sounds rather grand. But company directors need to know it’s not just a title. While it may look great on your business cards, the position of…
There is no such thing as silly questions, especially if they are accounting questions! It’s true. So many people think that if they have to ask their accountant something, they…