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12 London Road, Morden, SM4 5BQ
M-112, 65-69 Lots Road, SW10 0RN
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If you intend to associate yourself with self-employment or trading as a sole trader, the most important process you need to learn is to record your income and expenses. Here comes the need to set up your accounts. To set up sole trader accounts, be vigilantly aware of factors like national insurance and tax that …
A Beginner’s Guide Based on Setting up Accounts for Sole Traders! Read More »
If you are thinking to earn some extra money, aside from your full-time job, you might be wondering whether you can be self-employed and employed at the same time? The short answer to this is a big yes! If you have already been operating your own business with your full-time job, you might be aware …
Can I be Self-Employed and Employed at the Same Time? Read More »
We all agree on how normal it is to make mistakes as a human. We all do that and at times we don’t even realize them until they are well made. What if you suddenly realize the mistake you made in your tax returns. This was filed months ago and now all you are thinking …
Amended Tax Return | A Guide Based On Corrections And Amendments! Read More »
As a business owner, you need to work on your business reputation for its long-term sustainability to maintain market confidence and public trust. But frauds and misconducts can adversely affect those efforts leading your business towards legal, monetary or reputational damage. For this reason, successful businesses are using effective strategies to mitigate those risks. That’s …
What Is a Fraud Risk Assessment and How to Conduct it? Read More »
If you’re self-employed and your business is affected by the coronavirus, you can apply for the SEISS 5th grant under the Self-Employment Income Support Scheme (SEISS). As the 4th SEISS grant is now closed and you can’t claim it anymore. For this reason, you can now apply for SEISS 5th grant. This grant will be …
It is challenging to fill the empty days of the whole year with a smart working plan that increases your chances to become a high flyer. However, before you aim to fly high in the business world, you have to adopt the skills like forward thinkers and plan your year as a Freelancer. You might …
Working As a Freelancer? Here Are Tips to Plan Your Working Year! Read More »
If you’re working from home, you are lucky to have this opportunity. The flexibility to work from home as per your wish attracts and inspires people to set up their own business as the first priority. Nowadays, the coronavirus has forced people to work from home. To avoid the hassle of a full-time office-based job, …
From your taxable income, there is an amount that is tax-free against the income tax, this amount is known as allowance. You can avail this amount tax-free each year. This blog post provides a simple guide to married couples allowance, its eligibility criteria, and the limits of this allowance. Let’s find out. Want to …
Whilst the global lockdown after the outbreak of the Covid-19 pandemic, people around the world are working from home. If you’re running your business from home, this might create an ambiguity in your mind that whether you need to pay business rates or not. Our customers frequently asked that do I need to pay business …
Do I Need to Pay Business Rates If Working From Home? Read More »
When you’re part of the workforce or the business world, no one is exempt from taxes. And even if you don’t work under a huge corporation, you’re still working as a self-employed tax individual, meaning you still need to file your taxes. Since many self-employed individuals find taxes confusing tasks to deal with, many hire …
Our Ultimate Guide To Taxes – Self-Employed Tax Edition Part 2 Read More »
Our team of qualified accountants in London has qualifications from top accountancy bodies, such as ICAEW ( Institute of Chartered Accountants of England & Wales, ACCA ( Association of Chartered Certified Accountants & AAT ( Association of Accounting Technicians). In addition, we are on ICAEW approved employer’s list.
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