Ultimate Guide to Filing Your Self-Assessment Tax Return
Navigating the complexities of self-assessment tax returns is becoming a common responsibility, not just for the self-employed or business owners but for a wider audience. This process entails reporting various income streams, including PAYE, self-employment, property...
Optimising Your Business for the Digital Tax Era: Navigating the Mandatory Online Tax Returns for Businesses
In an era where digital transformation is pivotal, businesses, irrespective of size, are increasingly embracing online tax filing. The convenience and efficiency of digital tax returns are undeniable, with many businesses and their accountants preferring this method...
Essential Financial Record-Keeping Strategies for Small Business Success and Growth
Every small business owner or sole trader knows the importance of good record-keeping of their income and expenses. Yet, the underlying reasons for this rigorous documentation and the potential consequences of neglecting it may not be fully appreciated. Is the effort...
Demystifying Making Tax Digital: Transitioning to Modern Tax Practices
The Digital Tax Revolution: Streamlining Your Taxation Experience In today's business landscape, regardless of its size, it is likely that some or all of your tax returns are completed online. Embracing digital tax systems presents a swift and efficient method, making...
Demystifying Self-Assessment Tax Forms:A Comprehensive Guide
Many of us have to go through the annual ritual of completing self-assessment tax forms, and not just those of us who are self-employed! These forms delve into a variety of income sources, encompassing PAYE, self-employment, property ownership, dividends, and more....
Self-Employed vs. Limited Company: Making the Right Business Structure Choice
When embarking on a business venture, one of the primary dilemmas entrepreneurs face is how to operate Self-Employed vs. Limited Company. This decision holds significant implications, and understanding the pros and cons of each option is essential for informed...
The Camino Pilgrimage, An Entrepreneur’s Lesson
What makes a successful entrepreneur? What are those elusive character traits that spell the difference between success and being one of the 50% who fail in the first five years?...
Radio Interview On Gender Equality
Listen to my exciting BBC Radio Ulster Interview with Mark Davenport discussing my views relating to Gender Equality in light of the first female Doctor Who, Jodie Whittaker. Listen to how myself and Sinead Sharkey-Steenson, Director of Generation Women, discuss how...
Self-Employment vs Limited Company – Which To Choose?
It is one of the first questions anyone setting up in business is likely to ask themselves. Should I be a self-employed sole trader or is it better to become a limited company? It is a question that I am often asked and my answer is almost always that it depends....
Making Tax Digital (MTD)
Whether your business is big or small, it is likely that you already complete some or all of your tax returns online or your accountants does it on your behalf. It is often quicker and easier to complete tax returns online and a record of the returns is easy to find...