buzzybeebookkeepin

Many sole traders, landlords and freelancers in the UK are still asking the same question about Making Tax Digital for Income Tax (MTD ITSA): What does Making Tax Digital actually mean for my business? That question is exactly why I wroteMaking Tax Digital Made Simple: The No-Jargon Guide for Sole Traders, Landlords and Freelancers. The book explains Making Tax Digital in plain English, covering: • what Making Tax Digital for Income Tax is• who it will affect• what records businesses will...

Running a business involves wearing many hats. You might be focused on delivering work for clients, managing staff, responding to enquiries, and making sure the day-to-day operations keep moving. Somewhere in the background sits the bookkeeping, important, but often not the most urgent task. Over time, something very common happens. Invoices get issued but not posted to the accounts straight away. Receipts get stored in a folder “to deal with later”. Bank transactions build up faster than...

I have a question for you. When did you last look at your business finances without feeling at least a little uneasy? I've been researching this topic for a book idea and what I'm discovering is that for many business owners, the financial side of their business triggers a very real fear. Not just a mild dislike, an actual avoidance. And it's far more common than I ever imagined as a bookkeeper. I'd love to understand it better and that's where you come in. I've created a short anonymous...