Some employers like to give a bonus as recognition of a good job done and forget to take into consideration that it is taxable income. A bonus, whether paid in cash or electronically is earnings as you are giving your employee payment in appreciation…
If you are making an income on your own by selling a product or a service and you have not registered as a limited company you are a sole trader. A sole trader runs their own business and therefore is self employed and, as a self employed person,
Some accountants now offer bookkeeping services alongside accountancy and other compliance services. A one stop shop for all your accounts needs. But is this the best solution for your business?
April is the start of the new tax year for many businesses and if you are considering changing how you keep your accounts the start of your new financial year is the best time to do it.
Today I spent some time with a lady who has started in business and had some questions about how she needs to record her income and expenses, what she can claim against income and, of course, how to take money out of her business.
