When should I register for VAT?
During this month’s Facebook Live, I talked about VAT – specifically about when you should register for VAT. Before I talk about when you should register for VAT, I want to start by explaining what VAT is. VAT is a value-added tax that is charged on almost...
Mini Budget – Sept, 23, 2022
On Sept 23rd, 2022, the Chancellor, Kwasi Kwarteng, announced a mini-budget to help businesses and individuals with the increasing costs of living. I have summarised the announcements that will help businesses below. Basic rate of income tax for those in England,...
Why and when should I appoint a bookkeeper?
During the July 2022 Facebook Live, I talked about why and when a business should appoint a bookkeeper. Every business is different and is going to have different ways of doing things – so the answer to the questions “why should I appoint a bookkeeper?” and “when?”...
Sole Trader VS Limited Company
During the June 2022 Facebook Live, I talked about the differences between sole traders and limited companies. What is a sole trader (self-employed)? A sole trader runs the business as their own and owns everything the business has – the profit of the business is...