BUSINESS SUPPORT SESSIONS
We run regular business support sessions, which focus on topics relevant to starting up your own business. Examples are:
· HMRC - Tax & Tax Returns
· National Insurance
· Bank Accounts
· Public Liability and Product Indemnity Insurance
· Copyright
· Estimates and Invoices
· Promotion and Advertising
· Websites
· Social Media for business use
· Business Cards and Flyers
· Using local print media, broadcasters and networking
TAX ADVICE FOR SELF-EMPLOYMENT
Tax can be scary! Don’t worry - We will help you during our sessions!
Here are a few facts below for you to be aware of.
Making Tax Digital is part of the Government’s plan to make it easier for businesses to keep up-to-date with their accounts. The tax people, HMRC, want to make it easier for businesses to comply with the law.
You need to earn over £12570 to pay any tax but any business earning over £1000 must file a Tax Return.
Most of the tax return is ‘self-calculating but you need to keep a record how much your business has earned and any expenses you have.
It is a good idea to download the HMRC app.
You can find out more at https://www.gov.uk/self-assessment-tax-returns