29th June 2020
If you file a self assessment tax return, you will have to make a Payment on Account (POA). This applied if you have tax to pay […]
21st April 2020
No. There aren’t any exceptions to this rule. It is not a business expense (whether you are an employee, limited company director or sole trader). If […]
21st April 2020
The simple answer is – yes! In fact, it can sometimes even work out more cost-efficient to use a coworking space than your home (when you […]
21st April 2020
When you set up as a sole trader, you may also decide to set up a work space at home. As long as this work space […]
14th April 2020
When you first sign up as a client with Seed Accounting Solutions, we will ensure you are fully set up on our portal, Senta. We use […]
14th April 2020
As a sole trader, you may think you can include all your accountancy fees as a tax deductible expense however this is incorrect. You are allowed […]
9th April 2020
You must file a Self Assessment tax return with HMRC every year if you are self employed (and earn more than £1,000) or you are a […]
9th April 2020
The easiest way is to break down the two terms: Self Employment means you are responsible for declaring your taxes, managing your business, and deciding what […]
1st July 2019
Sole Trader: Most of our sole traders use Coconut. this is a fantastic tool that can connect to both personal and business bank accounts, enable you […]