Bookkeeping

Self Assessment for Small Businesses and the Self-Employed

Self Assessment for Small Businesses and the Self-Employed

Every time I heard that "self-assessment - tax doesn't have to be taxing" tagline on the HMRC adverts - I wanted to scream. Not only was that ad REALLY annoying, but self-assessment IS taxing! Its hard work. The maths itself is pretty straight forward. But gathering all the information you need, leaving out information you don't need, sticking to all the deadlines, even signing up with HMRC...it's not straightforward! So I really hope this little guide helps, and I will be posting additional, more in-depth information in the future. 

Which Tax Return is for You?

Which Tax Return is for You?

Yes, unfortunately all self-employed individuals, businesses, partners in LLP's, company directors, higher-rate tax payers earning over £100k, and some others do need to complete a tax return. If this doesn't happen, HMRC can issue fines, penalties and interest. The question is, which tax return is the one for you?

Bookkeeping in the Digital Age

Bookkeeping in the Digital Age

Well, ok, it has been the digital age for quite a while - but the exponential growth of online retail and employment opportunities for small businesses and freelancers, and the fact that almost everyone in the developed world now seems to have a smartphone, means that the management of our finances really has to catch up. 

In case you were wondering

In case you were wondering

Taking care of all of your day-to-day accounting needs, freeing up time for the more important things in your life. Our immediate local service area is Orpington, Bromley and all surrounding areas (Petts Wood, West Wickham, Beckenham, Chelsfield, Hayes, etc). However, we are pioneering Cloud bookkeeping - so we're really available to anyone with a computer and internet connection!