by Georgi Rollings | 15th April 2012 | Accounting, Self assessment, Sole trader, Start ups
You’ve recently started your own business as a sole trader. You are worried that you don’t know what you don’t know – but there is no way that you can justify expensive accountants fees until you are making a bigger profit. What can you do to...
by Georgi Rollings | 26th February 2012 | Accounting, Being an employer, Limited company, PAYE
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...
by Georgi Rollings | 19th February 2012 | Accounting, Women in business
This week’s post is going to be short and sweet, and a little tongue in cheek – if you want serious accounting advice, then you may want to wait for next week’s blog. I’ve had one of those weeks – mad busy, ill children, an ill husband...
by Georgi Rollings | 21st January 2012 | Accounting, Bookkeeping, Limited company, Sole trader, Start ups, VAT
I’ve been working through quite a few piles of receipts and excel files over the last few weeks to get people’s self assessment tax returns done. Its really made me stop and think again about what count as”adequate business and accounting...
by Georgi Rollings | 7th January 2012 | Accounting, Bookkeeping, Sole trader, Start ups, VAT
I’ve seen a few people talking about barter transactions, or skills swaps. I think they’re a fantastic idea, and am part way through one myself – watch this space for a new shiny combined website and blog in a couple of months, which I am paying for...
by Georgi Rollings | 15th October 2011 | Accounting, Business Planning, Sole trader, Start ups
I was reminded this week just how important it is to have good visibility of your expected cash position. A friend updated their cash flow forecast and realised that they would be going overdrawn within a couple of months, and were able to get an overdraft agreed up...