Imagine if you knew who owed you money, how much you needed to set aside for tax and which of your revenue streams you should be focussing on? A robust bookkeeping system will help you answer all those questions and more. Here’s a quick start guide for one of the most popular UK bookkeeping softwares.
Claiming for your business mileage against your taxes reduces your tax bill. Here’s a business mileage tracker to help you, along with some guidance on how to use it.
If you are travelling around for business reasons it can mean food ends up costing you more money than normal. Especially if you work from home! There are rules that allow you to claim for food when you’re self-employed helping you to reduce your tax bill. When Can You Claim for Food Generally speaking, you … Read more
When you’re self employed everything you are paid will be untaxed and it is your responsibility to work out how much tax you have to pay. I’ve worked with many clients over the years who have had the shock of a huge tax bill in January and July. So here are my recommendations for budgets … Read more