What stands in the way of your making your business a success or growing continuously? If you are a solopreneur operating your business on your own, it could be that it is your mindset! The above is not just a woolly claim but is backed up by an array of robust psychological studies, as Carole Dweck shows in her incredibly important million-copy selling book Mindset. If we have a limited… Read More »Growth mindset in business

Thinking about how to complete your self-assessment tax return so you can file it on time? You’ve come to the right place! According to HM Revenue & Customs (HMRC), 958,296 people failed to file their self-assessment tax returns by the deadline, 31 January 2020, whereas over 700,000 others filed their returns on the last day. Since you are here, I’m guessing you wouldn’t want to be one of those people! If you… Read More »How to complete a Self-Assessment tax return

Many small business owners know that the only three legitimate ways of extracting money from a company are: 1.  Salary 2.  Dividends 3.  Loan However, the above three ways, while being tax efficient, are not exactly tax-free! If your salary exceeds your personal tax-free allowance (currently set at £12,500), then you will have to pay Income Tax and National Insurance. If you pay yourself more than 2K of dividends per… Read More »How to extract more money from your company and save on tax

Have you noticed how much data we have to absorb on a daily basis in a digital era we are living in? How do you manage information overload? As obvious as it might be for you, I have to admit that, only recently, I have realised that “information overload” is the right name for the challenge I am experiencing. Whenever I want to find a new solution for my business… Read More »How to manage information overload