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Tax Needn’t Be Taxing:
Sole Trader Tax Help

Britain has the most complex tax system in the world, proving too much to handle for some self-employed individuals and entrepreneurs. Discover how to manage your sole trader tax right here!

Sole trader tax can be a tough nut to crack.

While businesses and corporations often find support from finance experts and in-house account management teams, those running their own single-person operations tend to be left to their own devices when it comes to tax.

A Ferrari engine in a Fiat Panda

Here's my frog question question from two days ago. The question: Five frogs sitting on a log.  One decides to jump off. How many frogs are left on the log? The answer: five.  The frog only decided to jump off, he didn't actually jump off. Congratulations to Alun...

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4000 weeks and counting….

If you are born today (presumably that is not you) you have a 1 in 4 chance of living to the ripe old age of 100 years old.  I am 35 and am unsure of the odds of reaching a century but its unlikely to be 25%. If you live to 80 years old, it means that you have 4,000...

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Build your team to build your business

When you start your business, its all you and all about you.  You put in the hours, you meet all the customers, you do all the admin, all the finances, all the sales and marketing, you literally run the show. Which is fine in the early days since there's nobody else...

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Business is about people, people, people

A few months ago I was in a meeting to look at making a sizeable investment in a capital product.  It was a big decision and we had seen quite a few suppliers of the same product.  I got to spend some time looking at the product, testing it out and assessing its...

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Get a real USP – write a book!

In a crowded market place finding a real USP (unique selling point) can be a real difficulty. A USP can be something to do with your product or something to do with your service (by the way - 'great service' is not a USP!) or something to do with your speed.  In small...

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Do you play games on your smart phone?

I read a superb article this morning in SUCCESS magazine July issue about the multibillion dollar industry that is the games industry.  A business sector that is very difficult to stay on top of for long - Atari, Sega, Sony, Microsoft, Nintendo and now Apple have all...

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Beware of the those large cash hits

One of our services that we often provide is cash flow forecasting.  Cash is the lifeblood of any business, the oxygen.  With it, you are in business, without it, you're not.  Cash flow forecasting could be fairly straightforward.    You know when you are paying your...

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How big are you thinking your business should be?

I have a friend with a very big business.  Millions of pounds turnover, hundreds of team members, a very successful business.  If you were to listen to our conversations where I would be talking to him about my own business issues and questions you would be struck by...

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Which accountancy package should you use in your business?

One of the most common questions I get asked is which accountancy package is most appropriate to use in a business. There's basically 5 options: 1. Excel spreadsheets Many people when they start a business will start on Excel spreadsheets.  Nothing wrong with this, it...

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