When it is a biscuit! True… No VAT is charged on plain biscuits or cakes. But when a biscuit is covered in chocolate it becomes a luxury and standard rate VAT at 20% is added to the price. Mcvities, famous for their Jaffa Cakes, added chocolate to the cake and […]
As a freelancer, sole trader or small business owner, other than knowledge of your own trade the most important thing to keep on top of in your business are the numbers. Income, expenses, cashflow, projections, first hand knowledge of these will prove to be the most important information you will […]
Many people begin their business journey as a sole trader, but there are definite advantages to be gained by operating as a limited company. According to the latest statistics from Companies House, there are approximately 4 million incorporated companies in the UK and roughly 93% of them are active. Going […]
As a business owner wouldn’t it be amazing to have someone on hand, keeping on top of your numbers, making sure you keep more of the money you earn rather than paying it in tax. These people do exist and we are ACCOUNTANTS! When you work for yourself or run […]
It can be difficult to know what to expect from your accountant. This makes it hard to decide if it’s time to move on, when you feel it is time for a new accountant. We’ve put together this simple guide to help you navigate this minefield: Do you get on? […]
Making a living as a freelancer is a dream for many, but for those that have taken the leap, it has some aspects that might make you wish you’d just taken that office job. We know you’d rather be spending your time on the fun stuff, the work you enjoy […]
