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Making it Effortlessly to Claim Use of Home, Mobile and Mileage Expenses via our Calculator

Do you answer YES to any of these? Are you a Sole Trader who has left doing their Tax Return (that is due on 31st January) to the final months?You want to be able to claim the use of your personal Home, Mobile and Car but not sure how? We have got you! We have created a calculator that will enable you to claim these valid expenses as a Sole Trader. You just need to enter a couple of details and the calculator will do the rest. In this video I will take through how to use the calculator and you w...

What expenses can I claim for buisness/personal expenses

Running a business means using your home, phone, and car—but are you claiming expenses for them correctly? In this video, I walk you through how to claim Use of Home, Mobile, and Mileage expenses to reduce your tax bill and keep your accounts in order.📋 What’s inside:How to calculate Use of Home costs 🏠Claiming part of your mobile bill 📱Tracking and claiming mileage for business journeys 🚗Watch now to save on taxes and simplify your accounts!👉 Need a step-by-step guide with a ...

Decode Your Business Finances – Key Profit & Loss Terms Explained

Feeling overwhelmed by business finances? In this video, we break down essential Profit & Loss terminology like Turnover, Gross Profit, and Net Profit. And what those figures can tell you about your business.Discover how understanding your numbers helps you make smart decisions, manage cash flow, and grow your business confidently.💡 Plus: Get 5 practical tips for staying on top of your accounts as a busy sole trader! Download the guide here📈 Whether you’re new to finances or just nee...

Introducing our YouTube Channel "Decode Your Numbers"

We created YouTube Channel "Decode Your Numbers" to help you understand your numbers, complete your accounts, check your numbers, enable you to make informed decisions....

Why Understanding Your Numbers is Essential

Do you find yourself feeling overwhelmed or even fearful when it comes to understanding your business accounts? You're not alone! Many business owners feel the same way. Let's break it down step by step....

What Is....

Ever wanted to understand what accounting jargon means? Below are the 11 core accounting terms with an explantion. We hope you find it useful...

Making Tax Digital for ITSA

Making Tax Digital (MTD) is a goverments initiative where it is making the income tax process digital for certain taxpayer within the Income Tax Self-Assessment (ITSA). This has been planned by HMRC since their launch of MTD for the VAT process. The whole aim of the process is void mistakes through miss copying of data and for HMRC to receive tax payments regularly throughout the year.HMRC will require the whole process of keeping your accounts as digital as possible. This will mean the followin...

What is the difference between a Bookkeeper and an Accountant?

This is a great question, most people think that we are the same thing.We like to use the analogy that the difference is very similar to a Nurse and a Doctor, you wouldn't put them on the same level yet you understand a nurse knows medicine and has picked up extra medical knowledge during their career.This is the same for Bookkeepers and Accountants, a bookkeeper is someone who enters all your day to day accounting data (sales, purchases, bank transactions, payroll journals, submit VAT and CIS r...