Community Interest Companies (CICs) are a special type of company in the UK. They have a primary goal of benefiting the community or pursuing social objectives. Their involvement in the communities goes anywhere from arts engagement or enhancing technological literacy...
tax articles
Tax responsibilities for Community Interest Companies
In today's podcast, we aim to explore and demystify the common misconceptions surrounding tax obligations for Community Interest Companies (CICs). As passionate advocates of business finance, we want to illuminate the intricate relationship between CICs...
VAT and Agent Relationships
In the dynamic realm of business, whether steering a private enterprise or a non-profit organization aspiring to make a social impact, one constant looms large – taxes. Amidst the myriad of taxes, VAT, or the rather awkwardly named Value Added Tax,...
2024 Tax Policy Changes for the Gig Economy
Are you part of the digital gig economy? Do you work on Upwork or Fiverr? Maybe you host on AirBnB. Major tax policy changes are underway in this segment. And I’m here to let you know exactly what so that you are prepared. Watch this video about the upcoming tax...
How does the Gig Economy affect my tax?
In the dynamic landscape of the gig economy, additionally, we find ourselves at the crossroads of change. The term, a buzzword for many, holds particular relevance for those in the UK. Specifically, this week's episode of I Hate Numbers delves into the...
Beating Procrastination in the Tax Season
Welcome back, everyone! Today, we're tackling a familiar adversary: procrastination. We've all been guilty of putting things off in both our business and personal lives. In our previous episode, we explored the surprising ways procrastination can be a...
Why you need to complete form W8
Where you are not a US citizen and have money from the US is Why you need to complete form W8. This money could be from your clients, pension income, royalties, dividends, capital gains – you get the picture. Who must complete the W8 form? Most importantly, it...
Five things to consider when selling your business
Five things to consider when selling your business is this week’s podcast episode. Selling your business is a major life event and has a lot in common with selling your home. There is an emotional attachment to your business that you built up. Like our homes, it has...
Tax & your self-employed business
Tax, you can't avoid it. If you are a business owner tax and your self-employed business is something you consider. If you don't take tax into account, 'bites and arses' will figure somewhere. Today's blog will talk about the tax and your self employed business. In...
Your business numbers
Firstly, what's your view of your business numbers - Friend or foe? Secondly, if you are in business, how do you think of your numbers, with love, with dislike, or somewhere In between? That is what we are going to look at in this blog. . If you think that money is...