Are you thinking of moving from being a sole trader to a limited company? Then you need to read this blog! There are a few things you will need to get into place when making a move from self-employed to being limited, and it all needs to be done before you send any invoices to […]
Keeping track of everything that is and is not allowed to be claimed as an expense when running a limited company can be hard work. With so many HMRC rules, it is easy to get confused. Thankfully RJF Accounting has your back! Below you will find the most common expenses that limited companies did not […]
If you are a newly formed limited company or just starting out being self-employed, there are lots of “jargon” or accounting terms that you will come across and will need to know. UTR number is one term that all sole traders, company directors, and limited companies need to know. What is a UTR Number? […]
The UK has some very complex tax rules, and getting your head around it can be a nightmare! Knowing what taxes need to be paid and what allowances are in place can be tricky. Thankfully here at RJF accounting, we have you covered! This blog post will dig into UK tax codes, what they all […]
Do Sole Traders Need to Register for VAT? VAT can be a confusing topic, not helped by the vast amount of misinformation out there! This is more prevalent for sole traders where a lot of the information out there is confusing or mixed up with limited companies etc. With this blog, we hope to put […]
Our Guide to What You Need to Know About Claiming Business Mileage Claiming for mileage when you are self-employed, or a company director is one way of reducing your tax bill and helping to cover those increasing travel costs. Recording your business mileage and understanding the logs you need to keep can be challenging for […]
Self Assessment: What Happens if I Miss the Deadline? Being late with your tax return to HMRC is a pretty big deal. Yet, official figures show that up to 1 million of us fail to file it on time and receive a penalty every year. The annual deadline for completing your self-assessment tax return is […]
Our Guide To Making Your SATR Simple Self Assessment Tax Return the very words send shivers down the spines of most self-employed people, but it does not have to be all stress and worry! If this is your first time or your 50th time, we have some handy tips to make completing your self-assessment tax […]