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Russell Smith

Russell Smith

About Russell Smith

The only chartered accountant in the world who blogs every day!

What Does an Accountant Do? Processes and Practices

Not sure what exactly an accountant does? We take a comprehensive look at what the job really involves.
Ever asked yourself: what does an accountant do? You aren’t alone — it’s a question that’s been asked plenty of times!

There is a bit of stigma and misunderstanding that surrounds the accounting profession. Despite popular belief, we aren’t […]

By |May 12th, 2017|Business, Small business advice, Tax|0 Comments

Can You Be Employed and Self-Employed at the Same Time?

Confused about whether or not you can be employed and self-employed at the same time? In this blog, we look at the legality and logistics of such a working scenario.
At Russell Smith Chartered Accountants, we get asked this question a lot: can I be employed and self-employed?

It is a concern of many and quite rightly […]

By |April 6th, 2017|Tax|0 Comments

Inflation Throughout the Ages: A Leeds Accountant’s Assessment

I’m sure we’ve all been in the company of misty-eyed elders who regaled us with tales from “back in the day”. A house was a fiver and you could pay for your weekly shop with a coat button… apparently.

But are prices really extortionately high nowadays, or have we lost sight of the value of things? […]

By |March 1st, 2017|Uncategorised|0 Comments

HMRC Horror Stories: Tales That Keep Business Owners Awake at Night

Join our tax accountants from Leeds as they discuss nightmare experiences with HMRC, and how you can avoid the sleepless nights.
HMRC, otherwise known as Her Majesty’s Revenue and Customs, is a government body that I’m sure most of you are familiar with. Any small business owner reading this page will have at least some sort […]

By |February 24th, 2017|Business|0 Comments

I Can Start Your Business: 5 Reasons to Pick Up Russell Smith’s First Book

Russell Smith has launched his first book, detailing everything you need to know to start a business on the right foot. Discover why you should pick up your copy today.
My first book is on the shelves! Well, the digital shelves at least.

For over a decade, I’ve helped plucky entrepreneurs take their first steps into the […]

By |February 23rd, 2017|Business|0 Comments

Galactic Tax Returns: How Tax Helped Build the Death Star [Infographic]

We all know the Death Star was ruled with an iron fist, but how did it come to be in the first place? You guessed it: tax! While Earth-dwelling governments pump civilian tax into transport systems that can’t fly or shoot lasers, the Galactic Empire is more ambitious.

With the new Star Wars movie set to […]

By |December 14th, 2016|Infographic, Tax|0 Comments

The Trump Effect: What the Election Means for UK Business

On November 8th, 2016, the world was stunned — our small business accountants from Leeds included. The polls put Hillary Clinton ahead, the experienced statesman with the backing of the people — or so everyone thought. Yet, Donald Trump, the most controversial candidate in history, won the 2016 presidential race.

Donald Trump’s victory means a […]

By |December 12th, 2016|Small business advice|0 Comments

Advice from York Accountants: How to Take Time Off if You’re Self-Employed

If you’re self-employed — whether you’re a freelancer or a small business owner — you need a break just as much as the rest of us. The dangers of overworking are potentially deadly, with those who work a 55-hour work week facing a 33% increased risk of having a stroke.

You might look at that figure […]

By |December 7th, 2016|Self Employment, Videos|0 Comments

Autumn Statement 2016 Breakdown: The Good, The Bad, The Ugly

Join our tax accountants from Leeds as they take a look at the government’s 2016 Autumn Statement and find out how it affects your small business.

 

On the November 23rd 2016, Chancellor Philip Hammond addressed the nation, offering up the 2016 Autumn Statement. But what is it? And what does it mean for you and your […]

By |December 5th, 2016|Small business advice, Tax|0 Comments

How Do I Value My New Business? Our Accountants in Leeds Explain

Our accountants in Leeds get numerous questions from small business owners, but one that regularly crops up is this: “how do I value my business?”

Getting a realistic valuation of your business is very important. If you are looking for potential investors or buyers, you must have some sort of understanding of the value of […]

By |November 28th, 2016|Business|0 Comments