In The Know

Visual symbol of business growth using plants

How to grow your business: some expert advice

Here on the My Accountant Friend blog, we’re always keen to chat to people who can bring a real difference to the self-employed community. This week we caught up with Richard Hunter-Rice, a Midlands-based business consultant who has more than 30 years of experience helping companies of all sizes to realise their potential. Ever wondered […]

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UK freelancers 2018: self-confidence up, but confidence in government down

The latest Freelance Confidence Index has been published, and the numbers confirm what many freelancers have been saying privately: it’s not the easiest time to be going it alone and major political events have played their part. That said, the freelance community is still earning reasonably well, and the recognition that “you are what you […]

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Introducing the Pensions Dashboard Project

We’re always keen to keep you up-to-date with the latest tools and dashboards, and the Pensions Dashboard Project is currently as fresh as it gets. It’s so fresh, in fact, that the government have yet to even finish making it. You can, however, sign up to their newsletters to see how they’re getting on. Here’s […]

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Life insurance and the self-employed… how does that work?

Life insurance is one of those “I’ll put it on the to-do list and never get round to it” things for most self-employed people. As financial planner, Alan Cripps, says below – most of us either have it added a form of life insurance to our mortgage (if we’re lucky enough to be able to […]

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5 reasons why My Accountant Friend is one of the best online accountants

What do you want from an online accountants? Is it ease of use? Is it up-to-the-minute, cloud-based software? Is it readily available support that knows your business inside out the minute they pick up the phone? Is it helpful side products like receipts-scanning apps? It’s probably all of these things, which is why most online […]

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Tax deadlines and self-assessments: what does HMRC consider a ‘reasonable excuse’?

This time last year we looked at 10 excuses that HMRC hear most commonly when it comes to self-assessment deadlines. This year we thought it might be worth looking at what HMRC considers a ‘reasonable excuse’. What is a ‘reasonable excuse’?  Imagine you’ve missed your self-assessment deadline – the one that occurs on January 31st. […]

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Why we’re advocated against extending IR35 legislation to the private sector

Earlier this week we shared a petition against extending IR35 legislation to the private sector. If that sounds like a load of accountancy jargon to you, we understand. However, there’s a big chance that the changes that the government are hinting at will have a major effect on your life as a self-employed person. To […]

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The freelancer’s guide to business receipts

Business receipts have a complicated place in the hearts of most people new to self-employment. That moment when you first register your company, head into a shop and put something ‘through the business’ – it’s an exciting time for everyone. It makes you feel proud of yourself, not to mention a little as though you’re […]

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That iPhone X looks pretty sweet – can I put it through my company?

It’s that time of the year when the shops start flooding with new gadgets in time for the Christmas market. Tempting, aren’t they? But before you go rushing off and buying one on your company’s accounts, it’s worth knowing a little about what you can and can’t set against your taxes. Once again, we asked […]

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