Accounting Blog

Bookkeeping doesn’t have to be scary if numbers aren’t your strength. This practical guide explains which records to keep, how to organise them, and how to build simple routines that reduce stress, prevent mistakes, and give you clear, reliable financial information without complex maths.

Creator sponsorship income isn’t casual pay. This guide explains how brand deals, affiliate earnings, gifted products, and platform payouts work, how to track income and expenses, plan for taxes, manage contracts, handle international payments, and build simple systems that turn creator income into a sustainable, compliant business for modern creators.

Can you claim social media management tools as business expenses? This guide explains when scheduling, analytics, design, and monitoring tools are tax-deductible, how mixed personal and business use works, and what records you need to support your claim while avoiding common pitfalls.

Learn how taxes work for freelancers selling services on Fiverr, Upwork, and similar platforms. This guide explains self-employment status, taxable income, platform fees, deductions, VAT/GST issues, cross-border clients, and practical bookkeeping steps so you can stay compliant, avoid surprises, and manage platform income with confidence throughout the entire tax year.

Learn what counts as business postage and packaging for expense claims, which costs are usually allowable, and how to handle mixed personal use, customer delivery charges, VAT, and record-keeping. This guide explains how to categorise, evidence, and confidently claim postage and packaging expenses for your business.

HMRC determinations are estimated tax bills issued when a Self Assessment return isn’t filed on time. This guide explains what a determination is, why HMRC issues one, how the amount is calculated, the risks of inflated tax bills, key time limits, and how filing late returns can correct or replace determinations.

If you trade occasionally as a sole trader in the UK, you may still need to pay tax. This guide explains how HMRC views “occasional” trading, when profits become taxable, how allowances work, and when you must register for Self Assessment—even if you owe nothing.

Can you claim Zoom or video conferencing costs as a business expense? This practical guide explains what counts as business use, how to handle mixed personal use, apportionment methods, VAT issues, and record keeping for freelancers, limited companies, and employees—so you can claim confidently and stay compliant.

Registered as self-employed but never traded? This guide explains the difference between registration and trading, what paperwork may still apply, whether tax is due with zero income, and how to avoid penalties. Learn when to file nil returns, correct estimates, and close registration cleanly without confusion or unnecessary administrative stress.