BUSINESS SUPPORT SESSIONS

We run 7 business workshops, which focus on topics relevant to starting up your own business. Examples are:

· Workshop 1 - Is Business For Me?

· Workshop 2 - The Big 13 Skills

· Workshop 3 - Getting Your Business Set Up

· Workshop 4 - Money Management

· Workshop 5 - HMRC & TAX

· Workshop 6 - Marketing Strategy

· Workshop 7 - Marketing Promotion

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.