April 2022

28 April 2022

What is a break even analysis and how do I do one?

A break even analysis will show when a business becomes profitable. It’s the process of showing how much money you will need to make to at least cover your business expenses. ‘Break even’ describes the point where you aren’t making a loss, but you… Read more

20 April 2022

HMRC tax deadlines for 2022

Now the new tax year has begun, it’s a good idea to keep track of the tax deadlines that could affect you and your business. The tax year runs from 6 April 2022 to 5 April 2023. Self Assessment tax return A Self Assessment tax return is submitted to… Read more

12 April 2022

Tax on dividends guide

If you’re curious about dividends, and what tax you may need to pay on them, here’s a helpful guide to help you get started. What are dividends? Dividends are payments you might receive if you own shares in a company. For example, as a shareholder… Read more

8 April 2022

Speed ​​up your accounting with bank rules

You don’t have to search for the same bookkeeping templates every time you want to record a transaction! Create your own rules to record your bank transactions quickly and easily. Save time on recurring transactions A bank rule is created by setting… Read more

7 April 2022

Sole trader National Insurance explained

Sole traders need to register to pay National Insurance contributions to HMRC. This guide will take you through what they are, how much you need to pay, and how to make your payment. What is National Insurance? National Insurance contributions… Read more

6 April 2022

Complete guide to UK taxes and rates

When you run your own business or work as a sole trader, you become responsible for taking care of your taxes. In the UK there are several different types of taxes which could affect you or your business. The current tax year falls between 6 April… Read more