HMRC are moving their attention to providers of services where there are likely to be cash in hand payments. This includes private tutors and personal fitness instructors among others. HMRC are inviting persons in these professions to let them know of any undeclared income before 31st March 2012. This amnesty means that HMRC will limit [...]
Private tutors and providers of personal services in line for HMRC crackdown
October 18, 2011 by 2 Comments
Apps to help with your accounts and tax
September 23, 2011 by 1 Comment
If you are aout and about with your smart phone, why not keep a tab on your accounts and tax as you do so. There are plenty of apps out there to help you. Account systems such as Kashflow and Sage have their own apps, there are apps to help you track your expenses and [...]
Women and parents struggling with debt
September 7, 2011 by Leave a Comment
An article out in the Daily Express this week (7.9.11) refers to a report from RSM Tenon on the rising numbers of bankruptcies among females. In the three months to June 2011, 14,827 women were declared bankrupt, obtained an IVA (individual voluntary arrangement) or gained a debt relief order. RSM Tenon started recording the figures [...]
Do employment laws put you off taking on staff?
July 5, 2011 by 1 Comment
I have been working as a sole trader for nearly 3 years, and am in the fortunate position of now having a team helping me (http://www.tayloraccountancy.net/team.htm). They all happen to be self-employed mums, working from home, and I am thrilled with the work they are doing for me. A report out in the Daily Telegraph [...]
Maximise your cashflow
June 30, 2011 by 2 Comments
I am really excited about giving a talk about cashflow in February 2012 at the Cambridge Business Mums conference. At the conference I will go through in detail how to creat your own cashflow statement, and how to maximise your flow of money in, rather than out. Here are my top 10 tips for maximising [...]
HMRC crackdown on eBay traders
June 29, 2011 by Leave a Comment
HMRC has recently announced a number of industry specific crackdowns including people or businesses trading on eBay. Let’s make it clear, this is not about the occasional sale of the odd unwanted item on eBay, but individuals who are regularly making sales on eBay with an intention to make a profit. If you are regularly [...]
The future of retail and the high street
June 27, 2011 by 7 Comments
Articles in the Sunday press (26.6.11) suggest a bleak future for our high street stores, marked by the recent closure of some 30 Habititat stores, and the collapse of Homeform, owner of Dolphin Bathrooms and Moben kitchens. I was recently very excitied to visit the Centre MK, a succesful shopping centre in Milton Keynes, famed [...]
