House of Finance

House of Finance Here at House of Finance we offer a range of many different financial services to enhance the growth

๐“๐ˆ๐Œ๐„ ๐Œ๐€๐๐€๐†๐„๐Œ๐„๐๐“ ๐’๐Š๐ˆ๐‹๐‹๐’ ๐…๐Ž๐‘ ๐๐”๐’๐ˆ๐๐„๐’๐’  ๐Ž๐–๐๐„๐‘๐’โณBeing a business owner is such hard work๐Ÿ˜ญ. I think we can all agree. Time ma...
03/06/2021

๐“๐ˆ๐Œ๐„ ๐Œ๐€๐๐€๐†๐„๐Œ๐„๐๐“ ๐’๐Š๐ˆ๐‹๐‹๐’ ๐…๐Ž๐‘ ๐๐”๐’๐ˆ๐๐„๐’๐’ ๐Ž๐–๐๐„๐‘๐’โณ

Being a business owner is such hard work๐Ÿ˜ญ. I think we can all agree. Time management skills are so important, yet itโ€™s one of the skills we struggle to have or fully achieve.

Here are some tips which have helped me manage my time so I thought I would share this in hope that it could help you too๐Ÿฅฐ:

๐—ฆ๐—ฒ๐˜ ๐—ฎ ๐˜€๐—ฐ๐—ต๐—ฒ๐—ฑ๐˜‚๐—น๐—ฒ & ๐˜€๐˜๐—ถ๐—ฐ๐—ธ ๐˜๐—ผ ๐—ถ๐˜๐Ÿ“†
This sounds so easy but honestly itโ€™s not! I would say to use your phone to alarm you.

๐——๐—ผ ๐—ป๐—ผ๐˜ ๐˜๐—ฟ๐˜† ๐˜๐—ผ ๐—บ๐˜‚๐—น๐˜๐—ถ๐˜๐—ฎ๐˜€๐—ธ๐Ÿ—‚
Multitasking can cause your work to be half done & you may forget to come back to it. Complete your tasks one step at a time.

๐——๐—ฒ๐—น๐—ฒ๐—ด๐—ฎ๐˜๐—ฒ ๐˜๐—ฎ๐˜€๐—ธ๐˜€ ๐˜๐—ผ ๐—ผ๐˜๐—ต๐—ฒ๐—ฟ ๐—ฝ๐—ฒ๐—ผ๐—ฝ๐—น๐—ฒ๐Ÿคณ
If youโ€™re stuck or if the work is overwhelming - give it to someone else - they might even do a better job๐Ÿ˜…

๐— ๐—ฎ๐—ธ๐—ฒ ๐˜๐—ถ๐—บ๐—ฒ ๐—ณ๐—ผ๐—ฟ ๐˜†๐—ผ๐˜‚๐—ฟ๐˜€๐—ฒ๐—น๐—ณ๐Ÿ›€๐Ÿพ
Be selfish & put yourself first to prevent the feeling of being stressed & overwhelmed! Without you thereโ€™s no show!

๐—˜๐—ป๐˜€๐˜‚๐—ฟ๐—ฒ ๐˜†๐—ผ๐˜‚ ๐—ต๐—ฎ๐˜ƒ๐—ฒ ๐—ฎ ๐˜๐—ถ๐—ฑ๐˜† ๐˜„๐—ผ๐—ฟ๐—ธ๐˜€๐—ฝ๐—ฎ๐—ฐ๐—ฒ๐Ÿงฝ
This doesnโ€™t work for everyone but for me, a tidy workspace is soooo important!๐Ÿ˜‚ Having a messy workspace is so demotivating.

๐—”๐˜‚๐˜๐—ผ๐—บ๐—ฎ๐˜๐—ฒ ๐—ฒ๐˜ƒ๐—ฒ๐—ฟ๐˜†๐˜๐—ต๐—ถ๐—ป๐—ด๐Ÿ–ฅ
We have technology, why would you want to carry out manual tasks when technology is basically your bestie? ๐Ÿ‘ฏโ€โ™€๏ธ

๐—ฃ๐—ฟ๐—ถ๐—ผ๐—ฟ๐—ถ๐˜๐—ถ๐˜€๐—ถ๐—ป๐—ด ๐—ฎ๐—ฐ๐—ฐ๐—ผ๐—ฟ๐—ฑ๐—ถ๐—ป๐—ด ๐˜๐—ผ ๐˜‚๐—ฟ๐—ด๐—ฒ๐—ป๐—ฐ๐˜† & ๐—ถ๐—บ๐—ฝ๐—ผ๐—ฟ๐˜๐—ฎ๐—ป๐—ฐ๐—ฒ๐Ÿƒ๐Ÿพโ€โ™€๏ธ
You could find yourself doing a task which isnโ€™t as urgent as the other tasks due to how easy it is - we donโ€™t want that๐Ÿคฃ

๐—ฆ๐—ฒ๐˜ ๐—ด๐—ผ๐—ฎ๐—น๐˜€ ๐—ณ๐—ผ๐—ฟ ๐˜€๐—บ๐—ฎ๐—น๐—น๐—ฒ๐—ฟ ๐˜๐—ถ๐—บ๐—ฒ ๐—ณ๐—ฟ๐—ฎ๐—บ๐—ฒ๐˜€๐Ÿฅ…
Setting goals for smaller time frames, motivates me to get the work completed & work harder.
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๐‚๐€๐ ๐ˆ ๐‚๐‹๐€๐ˆ๐Œ ๐Œ๐˜ ๐‚๐‹๐Ž๐“๐‡๐ˆ๐๐† ๐€๐’ ๐€๐ ๐„๐—๐๐„๐๐’๐„?๐Ÿค”Donโ€™t we all love to write off expenses๐Ÿคฃ but Iโ€™m sorry guys Iโ€™m not here to give ...
25/05/2021

๐‚๐€๐ ๐ˆ ๐‚๐‹๐€๐ˆ๐Œ ๐Œ๐˜ ๐‚๐‹๐Ž๐“๐‡๐ˆ๐๐† ๐€๐’ ๐€๐ ๐„๐—๐๐„๐๐’๐„?๐Ÿค”

Donโ€™t we all love to write off expenses๐Ÿคฃ but Iโ€™m sorry guys Iโ€™m not here to give you all good news. You cannot just claim your everyday clothing just for the sake for it๐Ÿ˜ฉ.

There needs to be a reason for it so here are the allowable clothing expenses & the examples:

๐Ÿ‘”๐—จ๐—ป๐—ถ๐—ณ๐—ผ๐—ฟ๐—บ๐˜€ ๐—ฎ๐—ฟ๐—ฒ ๐—ฎ๐—ป ๐—ฎ๐—น๐—น๐—ผ๐˜„๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ ๐—ฒ๐˜…๐—ฝ๐—ฒ๐—ป๐˜€๐—ฒ
๐Ÿฆบ๐—ฃ๐—ฟ๐—ผ๐˜๐—ฒ๐—ฐ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—ฐ๐—น๐—ผ๐˜๐—ต๐—ถ๐—ป๐—ด ๐—ถ๐˜€ ๐—ฎ๐—ป ๐—ฎ๐—น๐—น๐—ผ๐˜„๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ ๐—ฒ๐˜…๐—ฝ๐—ฒ๐—ป๐˜€๐—ฒ
๐Ÿ‘ฏโ€โ™€๏ธ๐—–๐—ผ๐˜€๐˜๐˜‚๐—บ๐—ฒ๐˜€ ๐—ณ๐—ผ๐—ฟ ๐—ฎ๐—ฐ๐˜๐—ผ๐—ฟ๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ฒ๐—ป๐˜๐—ฒ๐—ฟ๐˜๐—ฎ๐—ถ๐—ป๐—ฒ๐—ฟ๐˜€ ๐—ถ๐˜€ ๐—ฎ๐—ป ๐—ฎ๐—น๐—น๐—ผ๐˜„๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ ๐—ฒ๐˜…๐—ฝ๐—ฒ๐—ป๐˜€๐—ฒ

Allowable business expenses are very dependent on your business model but clothing expenses are a bit more bespoke so you need to be careful in terms of what type of clothing you are claiming as an expense.

Please we donโ€™t want any wahala (problems) with HMRC๐Ÿ˜…
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๐’๐“๐€๐‘๐“ ๐˜๐Ž๐”๐‘ ๐๐”๐’๐ˆ๐๐„๐’๐’ ๐“๐Ž ๐Œ๐€๐Š๐„ ๐€ ๐ƒ๐ˆ๐…๐…๐„๐‘๐„๐๐‚๐„!๐Ÿ˜So many people want to start a business to just make money but the problem is,...
21/05/2021

๐’๐“๐€๐‘๐“ ๐˜๐Ž๐”๐‘ ๐๐”๐’๐ˆ๐๐„๐’๐’ ๐“๐Ž ๐Œ๐€๐Š๐„ ๐€ ๐ƒ๐ˆ๐…๐…๐„๐‘๐„๐๐‚๐„!๐Ÿ˜

So many people want to start a business to just make money but the problem is, if you do not have a passion for it, the chances of your business not flourishing could be very high.

Everyone is different but the most successful businesses are from people who wanted to make a difference & genuinely cared about what they were doing.

If you have a passion for something, the money is most likely to come later & when it does it feels soo rewarding๐Ÿ’ธ

Are you starting your business to just make money or to make a difference? ๐Ÿค”
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๐”๐๐ƒ๐„๐‘๐’๐“๐€๐๐ƒ๐ˆ๐๐† ๐“๐‡๐„ ๐ƒ๐ˆ๐…๐…๐„๐‘๐„๐๐‚๐„ ๐๐„๐“๐–๐„๐„๐ ๐ƒ๐„๐๐ˆ๐“๐’ & ๐‚๐‘๐„๐ƒ๐ˆ๐“๐’๐Ÿค“Debits & Credits have always been something I despised with a pass...
18/05/2021

๐”๐๐ƒ๐„๐‘๐’๐“๐€๐๐ƒ๐ˆ๐๐† ๐“๐‡๐„ ๐ƒ๐ˆ๐…๐…๐„๐‘๐„๐๐‚๐„ ๐๐„๐“๐–๐„๐„๐ ๐ƒ๐„๐๐ˆ๐“๐’ & ๐‚๐‘๐„๐ƒ๐ˆ๐“๐’๐Ÿค“

Debits & Credits have always been something I despised with a passion when learning accounting. It was sooooo confusing & it was never a topic you could just forget because it is literally the stepping stone to understanding financial statements so I thought Iโ€™d make a post to break this down for all you business owners & business owners to be๐Ÿ˜š

This has been broken down into various different slides:

๐—ช๐—ต๐—ฎ๐˜ ๐—ฎ๐—ฟ๐—ฒ ๐—ฑ๐—ฒ๐—ฏ๐—ถ๐˜๐˜€ & ๐—ฐ๐—ฟ๐—ฒ๐—ฑ๐—ถ๐˜๐˜€?

๐—ฆ๐—ผ๐—บ๐—ฒ ๐—บ๐˜†๐˜๐—ต๐˜€ ๐—ฟ๐—ฒ๐—ด๐—ฎ๐—ฟ๐—ฑ๐—ถ๐—ป๐—ด ๐—ฑ๐—ฒ๐—ฏ๐—ถ๐˜๐˜€ & ๐—ฐ๐—ฟ๐—ฒ๐—ฑ๐—ถ๐˜๐˜€

๐—ช๐—ต๐—ฎ๐˜ ๐—ณ๐—ฎ๐—น๐—น๐˜€ ๐—ถ๐—ป๐˜๐—ผ ๐—ฑ๐—ฒ๐—ฏ๐—ถ๐˜๐˜€ & ๐—ฐ๐—ฟ๐—ฒ๐—ฑ๐—ถ๐˜๐˜€

๐—˜๐˜…๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—ผ๐—ณ ๐—ต๐—ผ๐˜„ ๐—ฑ๐—ฒ๐—ฏ๐—ถ๐˜๐˜€ & ๐—ฐ๐—ฟ๐—ฒ๐—ฑ๐—ถ๐˜๐˜€ ๐˜„๐—ผ๐—ฟ๐—ธ

๐—ช๐—ต๐—ฎ๐˜ ๐—พ๐˜‚๐—ฒ๐˜€๐˜๐—ถ๐—ผ๐—ป๐˜€ ๐˜๐—ผ ๐—ฎ๐˜€๐—ธ ๐—ฏ๐—ฒ๐—ณ๐—ผ๐—ฟ๐—ฒ ๐—ฟ๐—ฒ๐—ฐ๐—ผ๐—ฟ๐—ฑ๐—ถ๐—ป๐—ด ๐˜๐—ฟ๐—ฎ๐—ป๐˜€๐—ฎ๐—ฐ๐˜๐—ถ๐—ผ๐—ป๐˜€

It is so important to understand when a transaction occurs within a business, it affects a minimum of 2 different accounts. One would usually be on the P&L & the other on the Balance sheet but it can vary.

แดŠแด€ส€ษขแดษด ส™แดœ๊œฑแด›แด‡ส€: Trade receivables is basically the amount owed to a business by its customers from the sale of goods or services๐Ÿฅฐ
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๐”๐๐ƒ๐„๐‘๐’๐“๐€๐๐ƒ๐ˆ๐๐† ๐“๐‡๐„ ๐ƒ๐ˆ๐…๐…๐„๐‘๐„๐๐‚๐„ ๐๐„๐“๐–๐„๐„๐ ๐ƒ๐„๐๐ˆ๐“๐’ & ๐‚๐‘๐„๐ƒ๐ˆ๐“๐’๐Ÿค“Debits & Credits have always been something I despised with a pass...
13/05/2021

๐”๐๐ƒ๐„๐‘๐’๐“๐€๐๐ƒ๐ˆ๐๐† ๐“๐‡๐„ ๐ƒ๐ˆ๐…๐…๐„๐‘๐„๐๐‚๐„ ๐๐„๐“๐–๐„๐„๐ ๐ƒ๐„๐๐ˆ๐“๐’ & ๐‚๐‘๐„๐ƒ๐ˆ๐“๐’๐Ÿค“

Debits & Credits have always been something I despised with a passion when learning accounting. It was sooooo confusing & it was never a topic you could just forget because it is literally the stepping stone to understanding financial statements so I thought Iโ€™d make a post to break this down for all you business owners & business owners to be๐Ÿ˜š

This has been broken down into various different slides:

๐—ช๐—ต๐—ฎ๐˜ ๐—ฎ๐—ฟ๐—ฒ ๐—ฑ๐—ฒ๐—ฏ๐—ถ๐˜๐˜€ & ๐—ฐ๐—ฟ๐—ฒ๐—ฑ๐—ถ๐˜๐˜€?

๐—ฆ๐—ผ๐—บ๐—ฒ ๐—บ๐˜†๐˜๐—ต๐˜€ ๐—ฟ๐—ฒ๐—ด๐—ฎ๐—ฟ๐—ฑ๐—ถ๐—ป๐—ด ๐—ฑ๐—ฒ๐—ฏ๐—ถ๐˜๐˜€ & ๐—ฐ๐—ฟ๐—ฒ๐—ฑ๐—ถ๐˜๐˜€

๐—ช๐—ต๐—ฎ๐˜ ๐—ณ๐—ฎ๐—น๐—น๐˜€ ๐—ถ๐—ป๐˜๐—ผ ๐—ฑ๐—ฒ๐—ฏ๐—ถ๐˜๐˜€ & ๐—ฐ๐—ฟ๐—ฒ๐—ฑ๐—ถ๐˜๐˜€

๐—˜๐˜…๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—ผ๐—ณ ๐—ต๐—ผ๐˜„ ๐—ฑ๐—ฒ๐—ฏ๐—ถ๐˜๐˜€ & ๐—ฐ๐—ฟ๐—ฒ๐—ฑ๐—ถ๐˜๐˜€ ๐˜„๐—ผ๐—ฟ๐—ธ

๐—ช๐—ต๐—ฎ๐˜ ๐—พ๐˜‚๐—ฒ๐˜€๐˜๐—ถ๐—ผ๐—ป๐˜€ ๐˜๐—ผ ๐—ฎ๐˜€๐—ธ ๐—ฏ๐—ฒ๐—ณ๐—ผ๐—ฟ๐—ฒ ๐—ฟ๐—ฒ๐—ฐ๐—ผ๐—ฟ๐—ฑ๐—ถ๐—ป๐—ด ๐˜๐—ฟ๐—ฎ๐—ป๐˜€๐—ฎ๐—ฐ๐˜๐—ถ๐—ผ๐—ป๐˜€

It is so important to understand when a transaction occurs within a business, it affects a minimum of 2 different accounts. One would usually be on the P&L & the other on the Balance sheet but it can vary.

แดŠแด€ส€ษขแดษด ส™แดœ๊œฑแด›แด‡ส€: Trade receivables is basically the amount owed to a business by its customers from the sale of goods or services๐Ÿฅฐ
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๐‚๐€๐ ๐ˆ ๐€๐•๐Ž๐ˆ๐ƒ ๐๐€๐˜๐ˆ๐๐† ๐Œ๐˜ ๐“๐€๐—๐„๐’? ๐Ÿƒ๐Ÿพโ€โ™€๏ธ๐Ÿ’จThere is a big difference between avoiding tax & evading tax! Taxes are always such a...
06/05/2021

๐‚๐€๐ ๐ˆ ๐€๐•๐Ž๐ˆ๐ƒ ๐๐€๐˜๐ˆ๐๐† ๐Œ๐˜ ๐“๐€๐—๐„๐’? ๐Ÿƒ๐Ÿพโ€โ™€๏ธ๐Ÿ’จ

There is a big difference between avoiding tax & evading tax! Taxes are always such a grey area & there are many ways to go around certain things so itโ€™s very hard to distinguish whether what youโ€™re doing is legal or illegal but letโ€™s make a note of this :

โœ… ๐—ฌ๐—ฒ๐˜€ ๐˜๐—ผ ๐˜๐—ฎ๐˜… ๐—ฎ๐˜ƒ๐—ผ๐—ถ๐—ฑ๐—ฎ๐—ป๐—ฐ๐—ฒ
Tax avoidance is compliant with the law but โ€˜aggressive tax avoidanceโ€™ may be seen as a problem.

โŽ ๐—ก๐—ผ ๐˜๐—ผ ๐˜๐—ฎ๐˜… ๐—ฒ๐˜ƒ๐—ฎ๐˜€๐—ถ๐—ผ๐—ป
Tax evasion is using illegal practices to avoid paying tax which could potentially put you in jail depending on the severity of the case.

I have also provided some examples of both just in case you are unsure whether you are avoiding or evading the tax manโ˜บ๏ธ. Letโ€™s hope youโ€™re not tax evading๐Ÿ˜ฉ.

The goal is both similar which is to reduce your tax bill so I know tax evasion can be so tempting๐Ÿ˜ฉ but donโ€™t you just want to life a stress-free life?๐Ÿง˜๐Ÿพโ€โ™€๏ธ
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๐’๐€๐•๐ˆ๐๐† ๐ฏ๐ฌ ๐ˆ๐๐•๐„๐’๐“๐ˆ๐๐†๐Ÿค“๐Ÿ’กAs we all know, life isnโ€™t as easy as it was back in the days. You could have bought a house for ยฃ5...
23/04/2021

๐’๐€๐•๐ˆ๐๐† ๐ฏ๐ฌ ๐ˆ๐๐•๐„๐’๐“๐ˆ๐๐†๐Ÿค“๐Ÿ’ก

As we all know, life isnโ€™t as easy as it was back in the days. You could have bought a house for ยฃ50k which would now be worth more than ยฃ300k today๐Ÿคฏ crazy right?

Here I have broken down the difference between saving your money & investing your money. I am going to be very biased towards the investing side unfortunately๐Ÿ˜…. The interest rates with the bank are literally worth nothing!๐Ÿคฃ

Saving or investing is kind of dependant on your appetite for risk so if you are risk averse, saving would be the better option. You will still see returns but they would be quite low.

Investments will always require you to step out of your comfort zone but think about the long term returns๐Ÿคฉ๐Ÿค‘

๐—ฃ.๐˜€. ๐˜„๐—ต๐—ฒ๐—ป ๐—œ ๐˜€๐—ฎ๐˜† ๐—ถ๐—ป๐˜ƒ๐—ฒ๐˜€๐˜๐—บ๐—ฒ๐—ป๐˜, ๐—ถ๐˜ ๐—ฑ๐—ผ๐—ฒ๐˜€ ๐—ป๐—ผ๐˜ ๐—ป๐—ฒ๐—ฐ๐—ฒ๐˜€๐˜€๐—ฎ๐—ฟ๐—ถ๐—น๐˜† ๐—ต๐—ฎ๐˜ƒ๐—ฒ ๐˜๐—ผ ๐—ฏ๐—ฒ ๐˜€๐˜๐—ผ๐—ฐ๐—ธ๐˜€, ๐˜€๐—ต๐—ฎ๐—ฟ๐—ฒ๐˜€, ๐—ฐ๐—ฟ๐˜†๐—ฝ๐˜๐—ผ ๐—ฐ๐˜‚๐—ฟ๐—ฟ๐—ฒ๐—ป๐—ฐ๐˜† ๐—ฒ๐˜๐—ฐ. ๐—œ๐˜ ๐—ฐ๐—ผ๐˜‚๐—น๐—ฑ ๐—ฎ๐—น๐˜€๐—ผ ๐—ฏ๐—ฒ ๐—ฟ๐—ฒ๐—น๐—ฎ๐˜๐—ฒ๐—ฑ ๐˜๐—ผ ๐˜€๐˜๐—ฎ๐—ฟ๐˜๐—ถ๐—ป๐—ด ๐—ฎ ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€.

๐‘จ๐’“๐’† ๐’š๐’๐’– ๐’‚ ๐’”๐’‚๐’—๐’†๐’“ ๐’๐’“ ๐’‚๐’ ๐’Š๐’๐’—๐’†๐’”๐’•๐’๐’“? ๐‘ช๐’๐’Ž๐’Ž๐’†๐’๐’• ๐’ƒ๐’†๐’๐’๐’˜โฌ‡๏ธ

๐‘ฐ ๐’‚๐’Ž ๐’ˆ๐’–๐’Š๐’๐’•๐’š ๐’๐’‡ ๐’ƒ๐’†๐’Š๐’๐’ˆ ๐’‚ ๐’ƒ๐’Š๐’• ๐’๐’‡ ๐’ƒ๐’๐’•๐’‰๐Ÿคฆ๐Ÿพโ€โ™€๏ธ
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-employed

๐Ÿ– ๐’๐ˆ๐†๐๐’ ๐˜๐Ž๐”๐‘ ๐๐”๐’๐ˆ๐๐„๐’๐’ ๐‘๐„๐๐”๐ˆ๐‘๐„๐’ ๐๐Ž๐Ž๐Š๐Š๐„๐„๐๐ˆ๐๐† ๐’๐„๐‘๐•๐ˆ๐‚๐„๐’๐Ÿงพ๐Ÿ’กAs a small business owner, sometimes youโ€™ll find yourself carrying ...
21/04/2021

๐Ÿ– ๐’๐ˆ๐†๐๐’ ๐˜๐Ž๐”๐‘ ๐๐”๐’๐ˆ๐๐„๐’๐’ ๐‘๐„๐๐”๐ˆ๐‘๐„๐’ ๐๐Ž๐Ž๐Š๐Š๐„๐„๐๐ˆ๐๐† ๐’๐„๐‘๐•๐ˆ๐‚๐„๐’๐Ÿงพ๐Ÿ’ก

As a small business owner, sometimes youโ€™ll find yourself carrying many different roles, including being the bookkeeper.

Once your business scales to a certain level, you may struggle to keep your records up to date & accurate which at some point will cause you to pull your hair out๐Ÿ˜Ÿ

Here are 8 signs you need to get yourself a bookkeeper:

1. ๐˜ ๐˜ฐ๐˜ถ๐˜ณ ๐˜ฃ๐˜ฐ๐˜ฐ๐˜ฌ๐˜ด ๐˜ข๐˜ณ๐˜ฆ ๐˜ข๐˜ญ๐˜ธ๐˜ข๐˜บ๐˜ด ๐˜ฐ๐˜ถ๐˜ต๐˜ฅ๐˜ข๐˜ต๐˜ฆ๐˜ฅ๐Ÿ“ผ
2. ๐˜ ๐˜ฐ๐˜ถ ๐˜ฅ๐˜ฐ ๐˜ฏ๐˜ฐ๐˜ต ๐˜ฉ๐˜ข๐˜ท๐˜ฆ ๐˜ฆ๐˜ฏ๐˜ฐ๐˜ถ๐˜จ๐˜ฉ ๐˜ต๐˜ช๐˜ฎ๐˜ฆ ๐˜ต๐˜ฐ ๐˜จ๐˜ฆ๐˜ต ๐˜ต๐˜ข๐˜ด๐˜ฌ๐˜ด ๐˜ฅ๐˜ฐ๐˜ฏ๐˜ฆโณ
3. ๐˜ ๐˜ฐ๐˜ถ ๐˜ฐ๐˜ฏ๐˜ญ๐˜บ ๐˜ถ๐˜ฑ๐˜ฅ๐˜ข๐˜ต๐˜ฆ ๐˜บ๐˜ฐ๐˜ถ๐˜ณ ๐˜ฃ๐˜ฐ๐˜ฐ๐˜ฌ๐˜ด ๐˜ธ๐˜ฉ๐˜ฆ๐˜ฏ ๐˜ต๐˜ข๐˜น ๐˜ด๐˜ฆ๐˜ข๐˜ด๐˜ฐ๐˜ฏ ๐˜ข๐˜ณ๐˜ณ๐˜ช๐˜ท๐˜ฆ๐˜ด ๐Ÿ’จ
4. ๐˜ ๐˜ฐ๐˜ถ ๐˜ข๐˜ญ๐˜ธ๐˜ข๐˜บ๐˜ด ๐˜ฎ๐˜ช๐˜ด๐˜ด ๐˜ฐ๐˜ถ๐˜ต ๐˜ฐ๐˜ฏ ๐˜ฑ๐˜ฐ๐˜ต๐˜ฆ๐˜ฏ๐˜ต๐˜ช๐˜ข๐˜ญ ๐˜ต๐˜ข๐˜น ๐˜ฅ๐˜ฆ๐˜ฅ๐˜ถ๐˜ค๐˜ต๐˜ช๐˜ฐ๐˜ฏ๐˜ด ๐Ÿ˜ช
5. ๐˜ ๐˜ฐ๐˜ถ ๐˜ข๐˜ณ๐˜ฆ ๐˜ฏ๐˜ฐ๐˜ต ๐˜ค๐˜ฐ๐˜ฏ๐˜ง๐˜ช๐˜ฅ๐˜ฆ๐˜ฏ๐˜ต ๐˜ช๐˜ฏ ๐˜บ๐˜ฐ๐˜ถ๐˜ณ ๐˜ฃ๐˜ฐ๐˜ฐ๐˜ฌ๐˜ฌ๐˜ฆ๐˜ฆ๐˜ฑ๐˜ช๐˜ฏ๐˜จ ๐˜ด๐˜ฌ๐˜ช๐˜ญ๐˜ญ๐˜ด ๐Ÿ˜Ÿ
6. ๐˜ ๐˜ฐ๐˜ถ ๐˜ฉ๐˜ข๐˜ท๐˜ฆ ๐˜ถ๐˜ฏ๐˜ฑ๐˜ณ๐˜ฆ๐˜ฅ๐˜ช๐˜ค๐˜ต๐˜ข๐˜ฃ๐˜ญ๐˜ฆ ๐˜ค๐˜ข๐˜ด๐˜ฉ ๐˜ง๐˜ญ๐˜ฐ๐˜ธ ๐Ÿ“ˆ
7. ๐˜ ๐˜ฐ๐˜ถ ๐˜ฏ๐˜ฆ๐˜ฆ๐˜ฅ ๐˜ข ๐˜ฃ๐˜ณ๐˜ฆ๐˜ข๐˜ฌ ๐˜ง๐˜ณ๐˜ฐ๐˜ฎ ๐˜ต๐˜ฉ๐˜ฆ ๐˜จ๐˜ณ๐˜ช๐˜ฏ๐˜ฅ๐Ÿ’ค
8. ๐˜‹๐˜ฐ๐˜ช๐˜ฏ๐˜จ ๐˜บ๐˜ฐ๐˜ถ๐˜ณ ๐˜ฐ๐˜ธ๐˜ฏ ๐˜ฃ๐˜ฐ๐˜ฐ๐˜ฌ๐˜ฌ๐˜ฆ๐˜ฆ๐˜ฑ๐˜ช๐˜ฏ๐˜จ ๐˜ช๐˜ด ๐˜ณ๐˜ฆ๐˜ฎ๐˜ฐ๐˜ท๐˜ช๐˜ฏ๐˜จ ๐˜บ๐˜ฐ๐˜ถ ๐˜ง๐˜ณ๐˜ฐ๐˜ฎ ๐˜ฉ๐˜ช๐˜จ๐˜ฉ-๐˜จ๐˜ณ๐˜ฐ๐˜ธ๐˜ต๐˜ฉ ๐˜ข๐˜ณ๐˜ฆ๐˜ข๐˜ด ๐Ÿšถโ€โ™€๏ธ

Bookkeeping is essential to any business!

When you outsource bookkeeping services, you are hiring an expert, someone who has the knowledge & skills to perform accurate data. This means you can get the job done well every time with no mistakes. You do not need to pay for someone full-time as it will be very expensive, this is why outsourcing bookkeeping services can be beneficial for your business.

If you require bookkeeping services, contact me via DM, email or the enquiry form via my websiteโ˜บ๏ธ๐Ÿ“ง
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๐–๐‡๐€๐“ ๐€๐…๐…๐„๐‚๐“๐’ ๐˜๐Ž๐”๐‘ ๐‚๐‘๐„๐ƒ๐ˆ๐“ ๐’๐‚๐Ž๐‘๐„?๐Ÿ’ณI have previously covered how to improve your credit score but I have received many mess...
16/04/2021

๐–๐‡๐€๐“ ๐€๐…๐…๐„๐‚๐“๐’ ๐˜๐Ž๐”๐‘ ๐‚๐‘๐„๐ƒ๐ˆ๐“ ๐’๐‚๐Ž๐‘๐„?๐Ÿ’ณ

I have previously covered how to improve your credit score but I have received many messages regarding what actually makes up your credit score.

Your credit score is made up of 5 different factors & each hold a different percentage:

10% ษดแด‡แดก แด„ส€แด‡แด…ษชแด›๐Ÿ†•
Whenever you apply for new credit, a mark will be be left on your report. So it might not be worth trying to take out so many new things on credit at once.

10% แด„ส€แด‡แด…ษชแด› แดษชx๐Ÿ”€
This means that your credit is based around the type of credit you have

15% แด„ส€แด‡แด…ษชแด› สœษช๊œฑแด›แดส€ส สŸแด‡ษดษขแด›สœ๐ŸŠโ€โ™€๏ธ
Credit lenders like to know that you have stable credit. The longer the credit history, the better! They basically want to know that they can trust you to pay your debts.

30% แด„ส€แด‡แด…ษชแด› แดœแด›ษชสŸษช๊œฑแด€แด›ษชแดษด๐Ÿ“ˆ
Using a large portion of the credit you have available, may result in a red flag being waved across your name. Using credit is good for your credit score but using too much of it can result to negatively impacting your credit report.

35% แด˜แด€สแดแด‡ษดแด› สœษช๊œฑแด›แดส€ส๐Ÿ—‚
When you miss a payment, it will be marked on your credit report. I would ALWAYS recommend to not miss your payments even if itโ€™s just one!๐Ÿ˜ฉ This can also cause a negative impact on your credit score & it holds the largest percentage against the other factors!

I hope this clarityโ€™s everything for you a lot more๐Ÿ˜… my DMs are always open๐Ÿฅฐ.
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๐—ช๐—›๐—ฌ ๐——๐—ข๐—˜๐—ฆ ๐— ๐—ฌ ๐—ง๐—”๐—ซ ๐—–๐—ข๐——๐—˜ ๐—Ÿ๐—ข๐—ข๐—ž ๐——๐—œ๐—™๐—™๐—˜๐—ฅ๐—˜๐—ก๐—ง?๐Ÿค”If you have been paid already this month, would have already realised that your tax...
13/04/2021

๐—ช๐—›๐—ฌ ๐——๐—ข๐—˜๐—ฆ ๐— ๐—ฌ ๐—ง๐—”๐—ซ ๐—–๐—ข๐——๐—˜ ๐—Ÿ๐—ข๐—ข๐—ž ๐——๐—œ๐—™๐—™๐—˜๐—ฅ๐—˜๐—ก๐—ง?๐Ÿค”

If you have been paid already this month, would have already realised that your tax code looks different on your payslip. For those of you that havenโ€™t been paid, you might see this change on your payslip at the end of the month so I am informing you in advance!

Before I receive the questions, I have answered it for youโ˜บ๏ธ

Your tax code would typically change every year due to the changes of the personal allowance figure.

I have broken this down in different slides:
โœ… แดกสœแด€แด› ษช๊œฑ แด€ แด›แด€x แด„แดแด…แด‡?
โœ… สแดแดœส€ ส™แด‡๊œฐแดส€แด‡ & แด€๊œฐแด›แด‡ส€ แด›แด€x แด„แดแด…แด‡ (1250สŸ แด›แด 1257สŸ)
โœ… ษดแด‡แดก ษชษดแด„แดแดแด‡ แด›แด€x ส€แด€แด›แด‡๊œฑ 2021/2022

๐—ฃ.๐—ฆ. ๐—ถ๐—ณ ๐˜†๐—ผ๐˜‚โ€™๐—ฟ๐—ฒ ๐—ฎ ๐—ฏ๐—ฎ๐˜€๐—ถ๐—ฐ ๐—ผ๐—ฟ ๐—ต๐—ถ๐—ด๐—ต๐—ฒ๐—ฟ ๐—ฟ๐—ฎ๐˜๐—ฒ ๐˜๐—ฎ๐˜… ๐—ฝ๐—ฎ๐˜†๐—ฒ๐—ฟ, ๐˜†๐—ผ๐˜‚โ€™๐—น๐—น ๐—ณ๐—ถ๐—ป๐—ฑ ๐˜๐—ต๐—ฎ๐˜ ๐˜†๐—ผ๐˜‚ ๐˜„๐—ถ๐—น๐—น ๐—ฒ๐—ป๐—ฑ ๐˜‚๐—ฝ ๐—ฝ๐—ฎ๐˜†๐—ถ๐—ป๐—ด ๐—น๐—ฒ๐˜€๐˜€ ๐˜๐—ฎ๐˜… ๐—ณ๐—ผ๐—ฟ ๐˜๐—ต๐—ถ๐˜€ ๐˜๐—ฎ๐˜… ๐˜†๐—ฒ๐—ฎ๐—ฟ๐Ÿ˜‰
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๐๐€๐˜๐Œ๐„๐๐“๐’ ๐Ž๐ ๐€๐‚๐‚๐Ž๐”๐๐“๐Ÿ‘ฉ๐Ÿพโ€๐Ÿ’ป๐ŸŒŸFor those of you who are already sole traders, you are most probably familiar with this but for ...
09/04/2021

๐๐€๐˜๐Œ๐„๐๐“๐’ ๐Ž๐ ๐€๐‚๐‚๐Ž๐”๐๐“๐Ÿ‘ฉ๐Ÿพโ€๐Ÿ’ป๐ŸŒŸ

For those of you who are already sole traders, you are most probably familiar with this but for those of you who started your business during lockdown, this will be your FIRST self assessment. Some of you may be considering to register as self-employed/a sole trader at a later stage so itโ€™s important that you understand what happens with your payments.

Unfortunately I have included some maths which I know so many people despise but me๐Ÿ˜… (Itโ€™s okay if you didnโ€™t understand the maths)

I have broken this down for you in different slides:
โœ…แดกสœแด€แด› ษช๊œฑ แด€ แด˜แด€สแดแด‡ษดแด› แดษด แด€แด„แด„แดแดœษดแด›?
โœ…สœแดแดก แด…แด แด˜แดแด€ แดกแดส€แด‹?
โœ… แดกแดส€แด‹ษชษดษข๊œฑ แด๊œฐ แด„แดแดแด˜สŸแด‡แด›ษชษดษข สแดแดœส€ ๊œฐษชส€๊œฑแด› ๊œฑแด‡สŸ๊œฐ-แด€๊œฑ๊œฑแด‡๊œฑ๊œฑแดแด‡ษดแด›
โœ… แดกแดส€แด‹ษชษดษข๊œฑ แด๊œฐ แด„แดแดแด˜สŸแด‡แด›ษชษดษข สแดแดœส€ ๊œฑแด‡แด„แดษดแด… ๊œฑแด‡สŸ๊œฐ-แด€๊œฑ๊œฑแด‡๊œฑ๊œฑแดแด‡ษดแด›
โœ…ส€แด‡แด…แดœแด„ษชษดษข สแดแดœส€ แด˜แด€สแดแด‡ษดแด›๊œฑ แดษด แด€แด„แด„แดแดœษดแด› ส™ษชสŸสŸ

The first year of doing your payments on account will be so annoying because you would have to pay quite a lot for your first tax bill but it does get easierโ˜บ๏ธ

๐Ÿ—“if you are self-employed/a sole trader then your tax return for 2020/2021 can now be submitted.

๐Ÿ“งDo you feel like submitting your tax return is such a chore? Do you find yourself submitting your tax returns last minute? Contact me for your free consultation today๐Ÿฅฐ.
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๐’๐Ž๐‹๐„ ๐“๐‘๐€๐ƒ๐„๐‘ ๐“๐€๐—๐„๐’๐Ÿ’ก๐Ÿงพ(broken down for you)Its a new tax year (2021-2022)๐Ÿฅณ so I thought Iโ€™d refresh your memory on how self...
06/04/2021

๐’๐Ž๐‹๐„ ๐“๐‘๐€๐ƒ๐„๐‘ ๐“๐€๐—๐„๐’๐Ÿ’ก๐Ÿงพ
(broken down for you)

Its a new tax year (2021-2022)๐Ÿฅณ so I thought Iโ€™d refresh your memory on how self assessments work & the breakdown of the taxes.

Many of you have decided to start your business during lockdown or are still thinking to start your business now (I love it! ๐Ÿ™Œ๐Ÿพ)

When you register as for self-employment (or as a sole trader), your taxes can seem quite daunting as not all of us can be a number cruncher!

This post has been broken down for you in different steps:

โœ…แดกสœแด€แด› ษช๊œฑ แด€ ๊œฑแดสŸแด‡ แด›ส€แด€แด…แด‡ส€?
โœ…แดกสœแด€แด› แด›แด€xแด‡๊œฑ แด…แด ษช ษดแด‡แด‡แด… แด›แด แด˜แด€ส?
โœ…สœแดแดก แด…แด ษช แด„แด€สŸแด„แดœสŸแด€แด›แด‡ แดส แด›แด€x ส€แด‡แด›แดœส€ษด?
โœ…แด…แด€แด›แด‡๊œฑ แด›แด ส€แด‡แดแด‡แดส™แด‡ส€

I know sometimes looking at numbers can be quite daunting, especially when it comes to dealing with the tax man! My self-assessment package is very cost effective for sole traders & it will allow you to focus on the growth of your business๐Ÿฅฐ

๐Ÿ“ฉPlease send and email or a DM.

Like I said in my previous post - we do not want wahala with HMRC ๐Ÿ˜…
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