Claiming just expenses on your tax return

Recently I was asked if they could do a tax return if they didn’t have any sales and just put expenses through. My initial thought was why go through the whole hassle of doing a tax return and the stress of meeting the self-assessment deadline if you don’t have to? With a new business, you can go back up to 7 years to claim your expenses and if you earn less than £1000, you can receive trading allowance before you even need to declare your income.

Technically though you could claim just expenses. There are some restrictions in that you would need to prove to HMRC your business is genuine. You need to do at least 10 hours a week with a view to making a profit. Continue reading “Claiming just expenses on your tax return”

My Top 5 Posts For 2017

I thought I would summarise my blogging year for 2017 with my top 5 most read posts this year.  For a few years now, I have been posting every Friday for which I feel quite proud. Until you read how there are other bloggers who write nearly every day or even more than once a day! People blog for a variety of reasons though so for now I’m happy with once a week.

Originally, when I started posting on Fridays, it was with the intention of writing the post live on the Friday. But the more I read and learn about blogging and how to make it interesting, the longer it takes to actually post a blog.

I’m still trying to find a niche that combines what I like writing about with what is popular and actually gets read.  This led me to looking at my stats for which posts gets the most views.  Below are my top 5 for 2017: Continue reading “My Top 5 Posts For 2017”

Merry Christmas and Download Your Christmas Present

Merry Christmas and a Happy New Year!

With Christmas celebrations in full swing now that the girls are off from school, this holiday is going to be jam-packed with things to do.  New Years Day is also looming up so I thought I would keep this post short and add a little Christmas present that you can download here:

Diary, Planner and Workbook 2018

 

Continue reading “Merry Christmas and Download Your Christmas Present”

The Tax Return Checklist

Every year, when tax return season approaches I send out a standard tax return reminder email along with a standard tax return checklist. This is a habit I picked up from working in practice for over 10 years. I very much doubt it ever gets read based on the emails and phone calls I get about tax returns. Its not very fancy which could be its downfall but in my mind, I’ve covered everything. Continue reading “The Tax Return Checklist”

My Top Five Favourite Quotes

I love reading and collecting quotes.  Sometimes, they come up at just the right time when I’m thinking about whether to go for something or not. Or when something is or isn’t happening in my life and need to rationalise it. Here are my top five favourite quotes.

The universe always works in my favour

Continue reading “My Top Five Favourite Quotes”

Advent Calendar Day and New Quarterly Planner

Welcome to the last month of 2017 and the first day of opening your advent calendar.  We have four advent calendars in the house so I think we might all get a chance to open it!  After school obviously… Continue reading “Advent Calendar Day and New Quarterly Planner”

Four years at Aqilla

Since going on maternity leave over 7 years ago, I’ve attempted working in several different jobs trying to fit it in with life as a new mum and working. I’ve been a full-time mum, I’ve attempted to work for myself as an accountant in practice, I’ve attempted to juggle 3 to 4 different accounting contracts at the same time, I’ve even gone off in a tangent and attempted other things like this blog and other writing gigs. However, in the last four years the one thing I have held onto has been working for Aqilla. Continue reading “Four years at Aqilla”