by Georgi Rollings | 19th August 2012 | Self assessment, Sole trader, Start ups
Do you travel for your business? If so you should make sure you understand what the main tax deductible travel expenses are – and what you can’t claim. The main rule is that the travel can’t be to your normal place of business. So if you are...
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,...
by Georgi Rollings | 22nd April 2012 | Directors, Limited company, Sole trader, Start ups
A lot of people know that it can be more tax efficient to run your business through a company instead of as a sole trader. However, it isn’t a step that should be taken lightly. One thing a lot of small business owners don’t know much about is what their...
by Georgi Rollings | 29th October 2011 | PAYE, Self assessment
Everyone wants to pay less tax. Here are some simple ideas to make sure you keep your tax bill down other than by simply investing in an ISA. 1. Use your spouse’s tax allowance Nearly everybody in the UK is entitled to an Income Tax Personal Allowance, which is...