Last week I talked about turnover, this week it’s What are your business profits? Most people see profit as the difference between money in and money out. When people say money, they mean notes and coins, what’s in their bank account. That sounds nice, and easy...
What is turnover in business? Turnover is a popular term used in business. It’s the official terminology used in company accounts, the tax returns of self-employed & partnerships, and is common usage in the business world. In this week’s episode of I Hate...
What are the risks of self employment? Great question. Risks and life go naturally together. It’s as natural as ham and pineapple pizza gin and tonics and cheese pickle sandwiches. That’s no different when you enter the world of business and you start...
Can you claim tax back for working at home? Have you had to work from home because of COVID? Would you like to know how you can claim tax relief and get extra cash into your pockets? Well, carry on listening to this this week I Hate Numbers podcast episode to find...
If you submit a UK tax return and you owe more than a thousand pounds, then be aware of payments on account. Payments on account are a topic that is not properly talked about or understood, but it can catch out taxpayers. In this episode I am going to dive deep into...
Self-employed and want to know more about the fifth Self-Employment grant? Most importantly, the fifth Self-Employment grant differs from previous grants. There’s an extra turnover test to see how much you can claim. This podcast looks at this, grant eligibility, what...
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