I’m not sure how joyful I found reading The Joy of Tax, especially as I started it over three years ago. Finally, though, I have now finished it and will give my opinions on it below. Continue reading “The Joy of Tax by Richard Murphy”
My top five favourite accountants on Instagram all happen to be women. It wasn’t a conscious decision to find just women but it does seem that there are more women out there starting their own business. Maybe its the social media effect or maybe when you are so into something that is all you see.
Lately, while on Instagram, I’ve been finding quite a few accountants. My initial thought was how is this even possible? What kind of picture would you put up? Another P&L account. Maybe lots of numbers. Or Oooh! Look! The balance sheet balances!
However, these accountants are pretty normal and still somehow manage to make accounts look good on Instagram. Sometimes, I wish I was starting my own accountancy practice now as it seems like a really exciting period to be a woman and become a sole practitioner. Anyway, here’s my list of the top five (female) accountants that I have found so far:Continue reading “My Top 5 Accountants on Instagram”
These 15 simple steps to create a filing system for your accounts paperwork are aimed at self employed sole traders. You need to keep paperwork for at least 10 years in case you ever get an enquiry from HMRC. Being organised can help your accountant turnover the work faster and also resolve HMRC enquires faster, if you were ever in that situation. Continue reading “15 simple steps to create a filing system for your accounts paperwork”
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”
One of the best things I like to read about is inspiring stories of people (especially women) who have achieved amazing success against all odds. This book is full of motivational stories like this, starting obviously with:
Annabel Karmel – Cookbooks for healthy food ideas for babies and children at different stages of growing up. This is where I first found out about Annabel Karmel. I was all into cooking healthy nutritious food for my babies. Continue reading “A Mumpreneur Guide by Annabel Karmel”