by Georgi Rollings | 28th July 2012 | Self assessment, Sole trader
HMRC are getting better at checking your tax return – they can compare it against previous returns you’ve submitted, against other tax returns, and they can even match up information from other sources (e.g. bank interest). If something is wrong on your...
by Georgi Rollings | 8th July 2012 | Bookkeeping, Self assessment, Sole trader, Start ups
If you are self employed, then sooner or later you will need to complete a self assessment tax return, and pay tax on your profits. So what do you need to know about tax for the self employed? One of the first things you need to understand is whether or not to...
by Georgi Rollings | 1st July 2012 | Sole trader
Many thanks to everyone who took the time to complete my questionnaire and to enter the competition to win one year’s free subscription to my Sole Trader Support Package. The winner was drawn at random this morning, and I am delighted to announce that Lisa...
by Georgi Rollings | 17th June 2012 | Bookkeeping, Company Structure, Self assessment, Sole trader, Start ups
You’ve just started trading, but you don’t know what to do next. You know you need to make sure you’re keeping the tax man happy, and you need to track how your business is performing. If only somebody could give you some simple steps to complete!...
by Georgi Rollings | 27th May 2012 | Corporation tax, Limited company, Sole trader, Start ups
What is a limited company? I get asked a lot of questions about limited companies, so here is some information on what a limited company is to help you to get an idea of whether this would be right for you and your business. A limited company: Is registered with...
by Georgi Rollings | 13th May 2012 | Accounting, Sole trader, Start ups
It’s been increasingly obvious to me over the last year that there are a lot of Sole Traders who need some sort of support from an accountant, but aren’t yet at a stage where they can justify expensive accounting fees. Although my Sole Trader packages start at £35 +...