Tips and Insights for Self employed, freelancers, bootstrappers and people who want there ideas to work and get more from their business
How to Borrow Safely in the UK 1 July – written by Steffen Kemmerzehl – Friendly Assist Accountancy – Blog When most people hear the words loan shark, they imagine organised crime, large sums of cash and scenes from television dramas. The reality is often very different. Many illegal lenders look just like ordinary people. …
by Steffen Kemmerzehl – The Accounting Hub A lot of business owners stick with the same accountant for years without really thinking about it. Others manage everything themselves because that’s what they’ve always done. Neither is automatically wrong. But things change over time, and it’s worth occasionally asking a simple question: Is this still working …
Read more “Is It Time to Review Your Accounting Arrangements?”
by Steffen Kemmerzehl, MAAT, AATQB – Friendly Assist Accountancy Inside or Outside IR35? Many UK contractors operate through a limited company without fully understanding how IR35 works or why it matters. A software developer working remotely for a large pharmaceutical company. An engineering contractor on a long term project. An IT consultant billing through their …
by Steffen Kemmerzehl, MAAT, AATQB – see The Accounting Hub Many UK businesses now have international connections without thinking of themselves as “international businesses”. A freelancer in Newcastle working remotely for a company in Germany. A self employed designer invoicing clients in Dubai. An Amazon seller shipping products across Europe. A landlord living abroad while …
Read more “International Tax Rules Are Changing. What UK Businesses Need to Know”
by Steffen Kemmerzehl, MAAT, AATQB – see The Accounting Hub Over the past few years, the UK tax and business landscape has become increasingly complex for internationally connected individuals and small business owners. Changes around immigration, overseas income, compliance and business regulation are already affecting many people, even before some proposed policies officially become law. …
Freelancing gives you freedom. Tax deadlines do not. If you didn’t file or pay your Self Assessment by 31 January 2026, don’t panic. You are not the only one, and this is still very fixable. What matters now is what you do in February. Here’s how to reduce penalties, calm HMRC down, and set yourself …
Read more “Tax Deadline Over? We Can Fix It. Stress free Accountancy”
As charities prepare for the Charities Statement of Recommended Practice (SORP) 2026, one of the most significant accounting changes is the new treatment of leases. This update impacts all charities with lease agreements—whether for premises, vehicles, or equipment—and especially those with income under £250,000. What is Changing? From 1 January 2026, the Charities SORP requires …
Read more “Unlock Affordable Lease Accounting Support for Small Charities Before SORP 2026 Hits”
by Steffen Kemmerzehl – Friendly Assist Accoutancy Running a small business is hard work whether you are based in the North East, working with overseas clients, or living in the UK with international income. When margins are tight and tax rules are complex, every pound really does count. At Friendly Assist Accountancy, we support sole …
Read more “Smart & Practical Ways for Local Businesses to Save Money”
Steffen Kemmerzehl, MAAT, AATQB – The Accounting Hub Running a successful business takes more than hard work. Whether you are a roofer replacing damaged roofs across Newcastle, a builder managing multiple projects, or a business owner in another industry entirely, strong financial management is what turns effort into lasting profit. Many business owners tell us …
Read more “Are Your Business Finances Built on Solid Foundations?”
If you run a business or work as a sole trader, you’re already familiar with payroll, tax, and compliance. But did you know that household benefits and tax-free schemes available to your employees or even to you can also impact your financial planning, payroll, and the advice you provide? If we talk about benefit it …
Read more “Maximise Income and be in the Know about Benefits”