Don’t be overtaxed If you work from home and you ask HMRC how much you can charge for using your home as an office, you’ll get one answer: £2 a week. That’s a little over £100 a year. Without the advice of an accountant that is all you’d be able to offset against tax....
Choosing your accounts software To err is human, but to really foul things up requires a computer - you’ll remember that adage if you are of a certain age. But the reality is that these days we all need to do our accounts on a computer. That means choosing what...
Paperwork Organise yourself. Ask for receipts and keep them. In fact, file them – don’t just stuff them in a carrier bag to deal with later. Handing over a shoebox of receipts to an accountant at the end of the year is a guarantee of a more expensive accountant’s bill...
