How to Track Income and Expenses

how to track your income and expenses

Are you someone who looks at your business accounting and thinks, ‘I can’t do this!’? Maybe you’re not great at Maths or the idea of bookkeeping makes your head spin. Either way, setting up a new business as a sole trader means that you are also the boss of your own payroll department. Therefore, it’s …

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How Can I Buy an Electric Car Through My Business?

pros and cons of an electric car

Understand how to buy an electric car through your business, as well as the pros and cons of doing so, whether you’re a sole trader or have a Limited Company.

How to Prepare an Income and Expenditure Statement

how to prepare an income and expenditure statement

Check how your business is performing and get the numbers you need for tax-time by preparing an income and expenditure statement. Here you can see what one looks like and read some advice of what you need to look out for when you add your numbers and the impact on your taxes.

What Business Records Should You Keep If You’re Self-Employed

keeping business records

Paperwork urgh! But if you have been burying your head in the sand when it comes to your paperwork, then it may be time to pull your head out. There are legal requirements set out by HMRC detailing what business records you need to keep and for how long.

Can I Claim Coaching as a Business Expense?

claiming coaching as a business expense

Find out what coaching expenses you can claim on your tax return, depending on the type of coaching you have booked.

Tax Guide for Self-Employed Music Teachers

tax guide for self-employed music teachers

A jargon-free guide to taxes for UK music teachers, including registering with HMRC, self-employment taxes, VAT and tax deductions.

Tax Guide for Self-Employed Beauty Therapists

Tax Guide for Self-Employed Beauty Therapists

A jargon-free guide to taxes for self-employed beauty therapists including registering with HMRC, self-employed taxes, VAT & tax deductions.

Tax Guide for Self-Employed Virtual Assistants

Tax Guide for Self-Employed Virtual Assistants

A jargon-free guide to taxes for self-employed virtual assistants, including registering with HMRC, self-employment taxes, VAT and tax deductions.