How to Turn Stock Photography into a Lucrative Profession

In this digital age where everyone has a website, blog or advertises online, stock photography seems like a very appealing business. Whether you are a professional photographer or photography is your hobby, you can make money by selling your photos online. Here are some guidelines to help you start off on the right foot.   (more…)

Can Spreadsheets be used for HMRC Making Tax Digital?

If you are VAT registered and love using spreadsheets, then you may be worried about how the upcoming changes of HMRC Making Tax Digital will affect you. Spreadsheets have been the subject of much discussion when it has come to Making Tax Digital. HMRC initially rejected their use for Making Tax Digital, after much pressure, made (more…)

How to Create a Start Up Budget (+ Free Template)

Creating a start up budget before you go self employed will give you financial control and help you plan. Whether you are transitioning out of a full time job or embarking on something completely new, you should consider investing some time in creating one. What is a Start Up Budget A start up budget is (more…)

Identifying Your Ideal Customer or Client

Many people often jump into business making a wide range of assumptions. They have made something they are passionate about and now the mass market will love it too and fully understand what they offer. But when they go to market, sales are often lower than expected and the business isn’t as successful as they (more…)

Checklist to Getting Making Tax Digital Ready

As we fast approach the deadline Making Tax Digital on 1 April 2019 for VAT registered businesses, it’s time to turn your attention to getting your small business compliant.  Whether you are a small business owner or an accountant, making the transition will be a lot easier with these three tips.  What Does Making Tax Digital (more…)

When to Submit your First Making Tax Digital VAT Return

Making Tax Digital affects all VAT registered businesses from 1 April 2019.  But when you need to file your first Making Tax Digital VAT Return depends on your VAT quarter end dates. Confused about Making Tax Digital? Then read my Complete Guide to Making Tax Digital. When to Submit your First Making Tax Digital VAT (more…)

The Dos and Don’ts of HMRC Making Tax Digital (MTD)

HMRC Making Tax Digital (MTD) comes into effect from 6 April 2019 for VAT registered business only. If that’s you, then here’s my list of dos and don’ts you can start today to get yourself ready for the biggest shake up to the tax system ever. Dos: Best Practices to Stay Making Tax Digital Compliant (more…)

9. Types of Business Insurance

Types of Business Insurance. Business insurance is peace of mind. But it can be confusing. Read about the main types of insurance to work out what cover you need. When you’re self-employed business insurance offers you protection and peace of mind. There are seven different main types of business insurance. Although it is unlikely you will (more…)

What does HMRC Making Tax Digital Mean?

HMRC Making Tax Digital is something that it’s estimated over 40% of small business owners don’t know about. But it is going to affect them. So I have put together this blog to: Tell you what HMRC Making Tax Digital is; Explain what Making Tax Digital means for Self-Employed Small Business Owners; Give you enough (more…)