Blog
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Getting your accounts in order for the new year
The new year is fast approaching and although your accounting year may run from April to April, January is always a good time to get everything in order. If you find that you are not very organised with your accounts for your business then you may choose to outsource it to a firm of accountancy’s…
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Becoming the director of a company
If you have been self employed for a while or are looking to set up a new business then you may decide to set up a limited company. Unlike when being self employed, limited companies must have at least one director. Often people set up limited companies if they want to be able to employ…
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Launching a new business?
It may be that for a long time you have wanted to set up your own business. Often, we work for others for a while and then realise that we actually want to have a go a being our own boss for a while. Setting up your own business can be risky if you have…
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Being a good boss without micromanaging
If you are an employer or responsible for other people in your job role then you need to ensure that you get the job at hand done without micromanaging people. Lots of people find it very hard to have a boss that is constantly watching over them and telling them what to do. If you…
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Have you done your self-assessment?
If you are self-employed then you need to start thinking about completing your self-assessment tax return. If you are completing it online then you will need to have done it by January 2022 but if you want to apply for the fifth grant or have to report your income to tax credits then you may…
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What does it take to be a good consultant?
If you are thinking of getting into the consultancy business, it’s not all just about the qualifications you have acquired. There are a number of specific skills you need to be a good consultant. Some of these qualities can be learned over time and others are to do with your personality and may be not…
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Are you struggling to manage you accounts?
When many people set up their own self-employed business, they may start off by doing their own books. Often when you are first starting out; it is relatively easy to keep on top of everything and you make sure that you do everything right. As you get busier, it is easier to forget and lose…
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Facebook marketing for all types of businesses
Many companies are now using social media to marketing sites such as Facebook and Twitter for their business. There is a number of popular social media sites that you can use and some will work better than others for you, depending on how much time you have to update them and what you are trying…
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Don’t get complacent with your record keeping
This year has been a very strange one for many businesses and has financially hit a lot of people hard. The government has been giving out loans, grants and tax reliefs to many who have been negatively impacted by the pandemic. Many self employed people, who qualified, were given a number of grants based on…
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Be sure to give your accountants plenty of time before HMRC deadlines
If you own your own business then you will need to submit certain information to HMRC at relevant times. If you are self employed then the self-assessment deadline is looming for January and you need to ensure that your accountants have everything, they need to complete it and submit it on time. Depending on what…