How Bookkeeping Works for a Sole Trader
How Bookkeeping Works for a Sole Trader Home / Post Detail AMAccountEx-ltd Managing finances is one of the most critical aspects of running a sole trader business. Bookkeeping, the process of recording and organizing financial transactions, ensures that you meet legal obligations and stay in control of your business’s financial health. In this guide, we’ll […]
Do You Need to Complete a Self-Assessment Tax Return?
Do You Need to Complete a Self-Assessment Tax Return? Home / Post Detail AMAccountEx-ltd Several situations could require the completion of a self-assessment tax return. These returns are not just for self-employed individuals; employees, property owners, and those receiving untaxed income may also need to file. Author: Adil Mehmood Mir FCCA If you receive a […]
Comprehensive Tax Return Guide for Electricians (Sole Traders in the UK)
Comprehensive Tax Return Guide for Electricians (Sole Traders in the UK) Home / Post Detail AMAccountEx-ltd Running your own business as a sole trader electrician is both rewarding and challenging. Managing your tax obligations is crucial to maintaining financial health and staying compliant with HM Revenue and Customs (HMRC) regulations. This guide is specifically designed […]
10 Things You Need to Know if You Are Self-employed
10 Things You Need to Know if You Are Self-employed Home / Post Detail AMAccountEx-ltd 24 April, 2024 Register with HM Revenue & Customs for Self-Assessment Self-employed individuals must register with HMRC once they start trading. You need to register by 5th October following the end of the tax year in which you began trading. […]