Tax terms you need to know

Tax terms you need to know

Tax doesn’t have to be tricky. Boost your knowledge with this guide to different tax terminology and what it all means. Allowable expenses Allowable expenses are running costs for your business that can be deducted from your Self Assessment tax… Read more
  • Category:
  • Tax
Tax mistakes to avoid

5 tax mistakes to avoid

Doing your tax can seem scary, but with the right tools it can be simple. We take you through common tax mistakes and how to avoid them. Leaving it to the last minute When you leave your tax returns to the last minute it can get stressful. Searching… Read more
  • Category:
  • Tax
Making Tax Digital

What is Making Tax Digital?

As of April 2019, VAT-registered businesses with a turnover of more than £85,000 are required to use the Making Tax Digital (MTD) service to keep records digitally and use accounting software to submit their VAT Returns. This will enable businesses… Read more
What is a journal in accounting?

What is a journal in accounting?

If you’re new to accounting and wondering what a journal is then you’re in the right place. Here’s what you need to know. What is a journal? Your journal in accounting is a record of all of your transactions in chronological order. Your journal… Read more
How to become an entrepreneur

How to become an entrepreneur

If you want to live your dream and become an entrepreneur, this step-by-step guide will take you through how to get started. Find your big idea The first step to becoming an entrepreneur is to find your big idea. Look for a gap in the market, or to… Read more
How to save money working from home

How to save money working from home

Running a home business or working remotely as self employed can be a cost effective way to run your business. Here are some quick tips to help you save money when you’re working from home. Lower overhead costs Overhead costs are things like rent,… Read more