by Georgi Rollings | 8th July 2012 | Bookkeeping, Self assessment, Sole trader, Start ups
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...
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!...
by Georgi Rollings | 27th May 2012 | Corporation tax, Limited company, Sole trader, Start ups
What is a limited company? I get asked a lot of questions about limited companies, so here is some information on what a limited company is to help you to get an idea of whether this would be right for you and your business. A limited company: Is registered with...
by Georgi Rollings | 13th May 2012 | Accounting, Sole trader, Start ups
It’s been increasingly obvious to me over the last year that there are a lot of Sole Traders who need some sort of support from an accountant, but aren’t yet at a stage where they can justify expensive accounting fees. Although my Sole Trader packages start at £35 +...
by Georgi Rollings | 6th May 2012 | Company Structure, Corporation tax, Directors, Limited company, Self assessment
Perhaps you set up a limited company to house your small business because somebody told you it was more tax effective? A lot of people running very small businesses do so through a limited company now, instead of as a sole trader. It means more admin, more expense,...