The 10 key money areas to consider in your first 10 months in business
Running your own business is often all about taking a leap of faith firmly out of your comfort zone. So what are the 10 key money areas to consider in your first 10 months in business? 1. Structure Should you set up as a sole trader or a limited company? This is one...Why use online accounting software?
Accountants are not exactly famous for being at the cutting edge of new technology. We are a cautious bunch, not fond of risk taking. And yet many of us are jumping onto the cloud bandwagon. We started to use Xero back in 2011 and haven’t looked back. So...Little and Often!
Today, I finally stopped procrastinating, and I defrosted the freezer. Its the first time its been defrosted, and we bought it a few years ago (don’t ask how many…). And defrosting it took a long time, and a lot of hard work. If only I hadn’t kept...Tax for the self employed – an easy guide
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...7 simple steps for 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!...Follow Starfish Accounting
