Tax tips, MTD explainers, and honest business advice for sole traders — written the way I'd explain it over a cup of tea.
Choosing between cash and accrual accounting affects how you track income and expenses — and how you report to HMRC. Here's what you need to know.
Are they really? The answer for most people is going to be no — but let's look at exactly who this does and doesn't apply to.
The self-assessment deadline of 31st January is fast approaching. Here's why getting ahead of it will save you stress — and possibly money.
HMRC allows for a bit of festive generosity. Here's how sole traders can give thoughtful, branded gifts that are fully allowable as a business expense.
There's a way to make a positive impact while enjoying significant tax benefits. Here's how Gift Aid and charitable giving works for sole traders.
What is the High Income Child Benefit Tax Charge, and does it apply to you? If you earn over a certain threshold, the answer might surprise you.
Remember when email was new and we thought it would make life easier? It did, to a point. Here's how to stop it running your working day.
Nobody wants their business to fail. A cash flow forecast is a tool that helps you prepare for different scenarios — and it's simpler than you think.
Everybody will try to sell you something essential for your success. Here are five things sole traders genuinely don't need to spend money on.
What is a profit & loss report, why do you need one, and what does it actually tell you about your business? A plain-English explainer.
You have the best intentions to keep your staff paid right and on time. But there are good reasons why doing your own payroll is riskier than it looks.
A growing number of entrepreneurs are using creative thinking and shrewd planning to get businesses off the ground with the smallest budgets.
Good accounting is crucial to the financial health of your business. Here are the mistakes to avoid — especially in the early days.
Your invoice is key to getting paid promptly. There are things you must include — and other things that make a real difference to your cash flow.
Starting a new business is exciting and everything feels shiny. But some things can wait. Here's what you genuinely don't need on day one.
It's easy to blur the lines between business and personal money. But getting into the right mindset early will pay dividends — literally.
Outsourcing your accounts is a great idea, but you still need to understand the reports. Here are 6 essential accounting terms in plain English.
No posts in this category yet — check back soon.
MTD for Income Tax is live for sole traders earning over £50,000. Not sure if it affects you or what to do next? Let's have a chat.
Book a free call →