by Georgi Rollings | 18th October 2022 | Landlords, Making Tax Digital, Self assessment, Sole trader, Start ups, Xero
Despite the current chaos in government all signs point towards Making Tax Digital for Income Tax Self Assessment – or the snappily named MTD for ITSA – going ahead from April 2024 as planned. Scarily that is now less than 18 months away. As accountants we...
by Georgi Rollings | 1st July 2022 | Business Planning, Limited company, Sole trader
Do you know how profitable your goods and services really are? Do you feel like you’re doing a lot of work but you’re not seeing it reflected in the money you take home? A lot of business owners will be feeling this pain right now and unsure how to fix it. As a...
by Georgi Rollings | 1st June 2022 | Bookkeeping, Limited company, Sole trader, Start ups, VAT, Xero
You need to feel 100% confident in your business’ accounts. As the most popular cloud accounting software in the UK, you were expecting Xero to help you do that, but you’re not seeing all the magic you were promised. Instead of having better data, better processes and...
by Georgi Rollings | 23rd May 2022 | Landlords, Self assessment, Sole trader
You’re busy juggling all the different responsibilities of running your own business. Filing your tax return is on your to-do list but somehow, someway, it keeps getting put off. We’ve all left something until the last minute. You have a lot on your plate, and it’s...
by Juliet Wylie | 28th April 2022 | Being an employer, Directors, Limited company, Sole trader
Rishi Sunak had a few difficult decisions to make prior to his Spring Statement on 23 March. Knowing that households are going to be increasingly squeezed by rising costs of energy, fuel, food, in fact almost anything that we buy due to rising inflation, and with the...
by Juliet Wylie | 11th March 2022 | Business Planning, Corporation tax, Limited company, Self assessment, Sole trader, Tips and Tricks
So, you filed your tax return in time and are feeling pretty smug! Nearly a whole year until you need to think about your finances! Think again. Whether you are a sole trader or a director of a limited company there are a few things that you should be thinking...