Should I have a separate bank account for the business?
During the February 2022 Facebook Live, I talked about why you should have a separate business bank account for your business. When someone first sets up their business, they may start to use their own personal bank account for the business, and not even consider...
How to deal with late payment of customer invoices
During the January 2022 Facebook Live, I talked about how to deal with late payment of customer invoices. All businesses, unless they are taking payment for a product/service right then and there, are likely to have to deal with customers paying their invoices late at...
VAT and Your Business
During the December 2021 Facebook Live, I talked about VAT, how your business and tax return are affected by it. I did cover this topic in January 2021, but I wanted to go over it again just in case anyone had missed it. I talked about – what the threshold is,...
Do I file a self-assessment if I am employed and have set up a small self-employed business?
During the November 2021 Facebook Live, I spoke about whether you are required to file a self-assessment tax return if you are employed and set up a small self-employed business. Normally, if someone is employed and is paid through a PAYE scheme, they don’t have to...