Monthly Archives June 2021

Self Assessment Tax Return: Important Dates and Advantage of Filing Your Self Assessment Early   The Covid-19 pandemic has impacted businesses and personal lives on different levels, and most of us had to reinvent our way of running our lives and making our business profitable (as much as possible).  So, if you are either doing business as a Sole Trader or you are part of a Partnership or Limited Liability Partnership (LLP), you have to fill out your self assessment tax return for the tax year ended 5th April 2021, even if you have  been closed or had limited trading...
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5 Easy Tips for Managing Expenses as a Small Business Owner As a small business owner, it’s crucial that you manage your expenses well. In fact, Fundera found that 20% of all small businesses fail within the first year, so it’s vital that you develop good money management habits right from the very beginning. Small businesses tend to have smaller profit margins, so it’s essential to keep careful control of your costs. Here are five easy tips on how to better manage your expenses so that you can maximise your margins.   1. Start Immediately   The majority of businesses...
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