The Benefits of Submitting Self Assessment Sooner Rather than Later

Completing a self-assessment tax return isn’t something that many businesses look forward to, but that doesn’t mean that it always has to be stressful. Although there are other priorities to juggle, there are plenty of reasons to get ahead and complete a return sooner rather than later. Why submit a tax return earlier? There are…

What Can I Do If A Client Won’t Pay?

Hopefully, clients and customers will pay on time and without issue. OK, we know that’s not always the case, and customers occasionally, for any number of reasons, won’t pay their bill. Fortunately there are options to take in this situation, as well as measures to try and avoid overdue bills. Prevention is better than cure…

Is it Easy to Submit A VAT Return Using MTD Software?

With the government in the process of Making Tax Digital, businesses are moving towards keeping finance records digitally. After several delays, the MTD for VAT scheme comes into full force from 1st April 2022. Previously the rules only applied to VAT registered businesses with a taxable turnover over the registration threshold. Under MTD, they are…

Simple Bookkeeping for Freelancers

Freelancing is on the rise, whether that’s instead of regular employment, or as well as. Alongside the ability to drum up business, bookkeeping is an essential key skill for any freelancer. Accurately recording and monitoring business accounts goes a long way towards reducing stress when that Self Assessment tax return rocks round. So, what with…