Self Employed

I highlight potential issues and make specific recommendations for improved financial control. I also ensure that tax and CRO requirements are met.

My wide range of accounting support services suit individual clients, including payroll, bookkeeping and other administrative services.

Top tips for sole traders & self employed

  • Manage your cash and ensure that you chase debtors for timely payment

  • Control purchasing and expenditure

  • Set up a separate business bank account

  • Budget for preliminary tax payments.

  • Make sure you claim all business expenses including working from home costs

  • File your income tax returns on time and claim all exemptions

  • Ensure that you make timely returns and payments for all taxes e.g. PAYE, VAT.

  • Have a budget

  • Ensure that you do proper payroll and meet all Employer legal requirements

  • Think about having a pension