Podcasts
What is profit in your business?
Last week I talked about turnover, this week it’s What are your business profits? Most people see profit as the difference between money in and money out. When people say money, they mean notes and coins, what's in their bank account. That sounds nice, and easy to...
What Is Turnover in Business? Sales, Revenue and Why Profit Matters More
What is turnover in business? Turnover is the total value of what your business sells before deducting costs. It is also called sales, revenue or income, and it appears in company accounts, tax returns and everyday business conversations. However, turnover on its own...
What are the risks of self employment?
What are the risks of self employment? Great question. Risks and life go naturally together. It's as natural as ham and pineapple pizza gin and tonics and cheese pickle sandwiches. That's no different when you enter the world of business and you start working for...
How to Claim Tax Back for Working from Home
Can you claim tax back for working at home? Have you had to work from home because of COVID? Would you like to know how you can claim tax relief and get extra cash into your pockets? Well, carry on listening to this this week I Hate Numbers podcast episode to find...
Payments on Account Explained: What They Are, When to Pay and How to Reduce Them
Payments on account can catch you out if you submit a UK Self Assessment tax return and owe more tax than expected. They are advance payments towards your next tax bill, and they can create a nasty shock if you only budget for the tax you already owe. This episode is...
Claiming the fifth Self-Employment grant
Self-employed and want to know more about the fifth Self-Employment grant? Most importantly, the fifth Self-Employment grant differs from previous grants. There’s an extra turnover test to see how much you can claim. This podcast looks at this, grant eligibility, what...