Tips and Insights for Self employed, freelancers, bootstrappers and people who want there ideas to work and get more from their business
As HMRC and Companies House continue introducing new compliance requirements, choosing a qualified and regulated accountant has never been more important. Recent warnings from the AAT, ACCA and ICAEW highlight the risks posed by unregulated tax advisers and refund agents operating across the UK. At the same time, the introduction of identity verification requirements and …
Read more “Why Choosing a Qualified Accountant Matters in 2026”
In business, every set of accounts tells a story.Sometimes it’s one of steady growth and smart planning. Other times, it’s a warning about challenges just around the corner. Recently, a well-known Newcastle city-centre venue, The Earl of Pitt Street, closed its doors after more than ten years of trading. For many locals it was more …
Common Tax Mistakes and Forensic Accounting Implications for Sole Traders 17 Oct 2025 – written by Steffen Kemmerzehl – Friendly Assist Accountancy – Blog Many sole traders make simple tax mistakes without even realising it. If you manage your own bookkeeping or complete your own Self Assessment tax return, small errors can quickly lead to …
The Mistakes That Could Cost You Hundreds 13 Oct 2025 – written by Steffen Kemmerzehl – Friendly Assist Accountancy – Blog Most people who receive an HMRC penalty never expected it to happen. They are not trying to avoid paying tax or hide their income. In many cases, the problem starts with a simple oversight, such as missing a …
Read more “HMRC Self Assessment Penalties and how to avoid them”
What you need to know 29 Sept. 2025 – written by Steffen Kemmerzehl – Friendly Assist Accountancy – Blog The UK side hustle economy is booming, with millions of people earning extra income through TikTok, Etsy, Vinted, eBay, freelancing, delivery apps and online marketplaces. Are you selling on Vinted don’t get caught out by HMRC …