by Emma Lawrence | 18th September 2020 | Being an employer, Directors, Limited company, Sustainability
As accountants, we’ve been asked plenty of times – “should I get a company car?” Up until recently, our answer was usually no. But new tax incentives relating to electric vehicles means we’re shifting our thinking towards an overwhelming YES. With government...
by Emma Lawrence | 11th September 2020 | Being an employer, Limited company, PAYE, Start ups
As business owners, we all want to take on employees. One of the greatest benefits of a growing business is being able to afford support in running it. Employment Allowance is designed to support small employers financially. But going down the employment route can...
by Georgi Rollings | 29th December 2012 | Self assessment, Sole trader, Start ups
I regularly get asked “Can you be employed and self employed at the same time?” The short answer is YES, there is nothing whatsoever to stop you from being both employed and self employed. If you work full or part time for an employer under PAYE (Pay As...
by Georgi Rollings | 16th September 2012 | Self assessment, Sole trader, Start ups
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...
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!...