Are you controlling costs?
So you want to be more profitable. We all do. There are two ways you can increase your profits: Increase your sales income Decrease your costs Are you controlling your costs? There are a lot of easy steps that you could take to help you with controlling your costs,...Self employed expenses – what can’t I claim?
There’s a lot of guidance around to help you understand what expenses you can offset against your profits when you are self employed (including my blog on sole trader tax deductible expenses), but sometimes you also need to know what you can’t claim. Here...Top 5 tax deductible travel expenses for self employed
Do you travel for your business? If so you should make sure you understand what the main tax deductible travel expenses are – and what you can’t claim. The main rule is that the travel can’t be to your normal place of business. So if you are...P11D dispensations
The form P11D is used to provide information on expenses payments and benefits to HM Revenue & Customs. This information has to be given to HMRC by law for each employee or director earning more than £8,500 (UPDATE: this threshold has been removed from 6 April...Follow Starfish Accounting
