There are many reasons that entrepreneurs start their own business: working to your own time, using your skills and knowledge to drive you to success quicker, focusing on exactly what you want to do. Something that is not always considered…
With the deadline to file your 2018/19 self-assessment now less than 80 days away HMRC is encouraging taxpayers to complete them before the busy period arrives. Filing even 1 minute past the 23:59 deadline on 31st January could result in an…
It seems the build up to Christmas starts earlier and earlier each year and many teams are now looking forward to getting closer to the festive season, in particular the Christmas party! The perfect chance to celebrate the years achievements…
There are changes to the IR35 legislation that come into effect on the 6th April 2020 for private sector contractors that will transfer responsibility from contractors to large and medium companies to assess IR35. The 2020 reform will bring private sector…
If you’re starting out in business you will need to prepare a financial forecast and budget in order to move forward. In summary a budget is what you’d like to happen, and a forecast is a reflection of what might…
If you’re a freelancer or a small business owner, you may question the need for an accountant. This is understandable and the thought of spending funds on something you cannot see rather than more visible things like a new website…
Taking on staff is a big responsibility but when you get to the point that you need an extra pair of hands, it’s necessary for the sustainability of your business and for your sanity! The thought of hiring staff can…
If you’ve spent money prior to the set-up of your business in order to get it started and running, you may be wondering whether you can reclaim those costs once you start trading. Many business owners personally absorb the start-up…
Many people dream of having their own business, but actually taking the leap and making that happen is a different story. However, if you’re ready to take the leap from being employed to self-employed there are a few things to…
If you’ve made the decision to become self-employed, opting for a flexible working style to allow for personal commitments or dependants, you are not alone. There are a large amount of UK workers who are finding that the standard 9-5…