The tax man isn’t always Scrooge when it comes to celebrating Christmas provided you’re running a limited company. Your company can pay for a Christmas party for your employees (including you if you are a director) for up to £150...
Read moreThe Government has announced two further grants to support the self employed during Coronavirus. To qualify self employed individuals or members of a partnership must: have been previously eligible for the Self-Employment Income Support Scheme first and second grant (although...
Read moreAs self-employed individual who works from home is entitled to claim any costs that are wholly and exclusively incurred for business.If you incur costs that have both a business and personal element you may claim a proportion of these costs....
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The Government has announced two grants for the self employed. Learn whether you qualify and what you need to do.
This a question that we’re often asked. Unfortunately, as with so many tax questions, the answer isn’t a straight yes or no… it’s a maybe. There are many prizes and awards open to authors and other creatives and entering competitions Read more…
It isn’t a legal requirement to have a business bank account but, unless you have just a few transactions a year, we’d recommend having a separate account for your writing income. Here’s why: You’ll save time (and possibly money). Having Read more…
Woohoo.. We’ve had our first review on our new Facebook site – and we’re delighted it’s a nice one. Thanks Oliver!
You may have heard about creative averaging for authors. The first question to ask is ‘why bother’? The idea behind creative averaging is to recognise that writing a book might actually take some time. During the time you’re writing a Read more…
Many people are completely unaware that we have a stealth tax in the UK which is 60%. If you are earning in the bracket £100,000 to £125,000 then you will be paying 60% tax on this £25,000 slice of income.