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My Bookkeeping Online Blog
By Tim Haggard 
The My Bookkeeping Online blog is written by founder, Tim Haggard. Topics range from VAT, working from home, funding, bookkeeping and employment, but are mainly focused on small businesses. The blog aims to talk about the issues small business owners face in specific industries. Do get in touch if you'd like Tim's opinion on your query.
Posts in category Expenses:
Budget 2010 – Nothing if you run your business from home
26/03/10 (7 a.m.)
This years budget is incredibly frustrating. All the politicians go on about helping small businesses, and then in the next breath, talk about tax breaks for businesses with 10 staff!
Politicians and, unfortunately, most commentators have little concept of what a small business is.
In the real world, small businesses are one or two man bands that run their businesses from home, the little shops, restaurants, the IT contractors, freelancers & consultants, chiropractors, doctors, and so on, some of whommight employ 1-5 people.
Categories:Expenses,
Financial,
Running a Business from Home,
Small Business Help
Tags:budget
Sian Williams tells HMRC she'd read News Naked
23/03/10 (7 a.m.)
Last week, Sian Williams said she would read the breakfast news naked because HMRC would not allow her to claim her clothing costs as a business expense.
As there seems to be much misunderstanding about what constitutes a business expense, I have set out below the general rules that apply to the vast majority of circumstances. Hopefully this will help Sian, and other frustrated tax payers /naturalists, avoid future accountancy and legal costs!
Categories:Accountants,
Bookkeeping,
Expenses,
Financial,
Running a Business from Home,
Small Business Help,
Start ups,
Working From Home
Tags:HMRC
Accountant Relationships
09/11/09 (12:47 p.m.)
It is sad to say, but many small businesses have a stressful relationship with their accountants. Looking at the bald facts, it is perhaps not hard to see why...
Categories:Bookkeeping,
Expenses,
Financial,
My Bookkeeping Online,
Small Business Help
Tags:accountants,
bookkeeping
Steps to Setting up a Business at Home: Commercial
26/10/09 (1:40 p.m.)
1. Think of a business name. If you need them, make sure that a suitable domain name is available (for emails and website). If you are struggling to find a name, think about using your own name – credibility is essential and your willingness to use your name will reassure potential customers. Alternatively, stick with the simplest explanation of your business that you can find. “My Bookkeeping Online” is a good example of this.
2. ...
Categories:Bookkeeping,
Employees,
Expenses,
Financial,
Marketing,
Running a Business from Home,
Small Business Help,
Start ups,
Working From Home
Tags:business,
home,
commercial