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Articles tagged with: book keeping

routine »

[1 Jan 2011 | No Comment | ]

Business is business, and your clients know (just the same as you do) that if payments are not made properly, then the business relationship they have with you will ultimately die. Here are 5 key steps to help you ensure that things are kept under control.
1. Terms and Conditions. You need to manage expectations, and a properly drafted set of terms and conditions (T&C) sets the scene immediately. Don’t start work without one. It allows both you and your client to understand the roles and requirements of each party. It …

one offs »

[12 Aug 2009 | No Comment | ]

You can link directly to this article using the short URL http://bit.ly/10tZBD

You have 3 months in which to register

When you first become self-employed there are a number of things you should do . . . today!

Register with HM Revenue and Customs (HMRC)
Compile a list of things that you have introduced into the business
Set up a simple accounts system to record income and expenses
Open up a business bank account
Earmark a separate savings account for keeping your tax reserve

And, before doing any of that you should think carefully about the official date …