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Life insurance and the self-employed… how does that work?

Life insurance is one of those “I’ll put it on the to-do list and never get round to it” things for most self-employed people. As financial planner, Alan Cripps, says below – most of us either have it added a form of life insurance to our mortgage (if we’re lucky enough to be able to […]

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5 reasons why My Accountant Friend is one of the best online accountants

What do you want from an online accountants? Is it ease of use? Is it up-to-the-minute, cloud-based software? Is it readily available support that knows your business inside out the minute they pick up the phone? Is it helpful side products like receipts-scanning apps? It’s probably all of these things, which is why most online […]

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Tax deadlines and self-assessments: what does HMRC consider a ‘reasonable excuse’?

This time last year we looked at 10 excuses that HMRC hear most commonly when it comes to self-assessment deadlines. This year we thought it might be worth looking at what HMRC considers a ‘reasonable excuse’. What is a ‘reasonable excuse’?  Imagine you’ve missed your self-assessment deadline – the one that occurs on January 31st. […]

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Startup stories: Making batteries great again!

We love a good startup story here at My Accountant Friend, especially when it’s a success story involving one of our own MAFters. This week we’re delighted to be chatting to Amrit Chandan, the co-founder of Aceleron. Already named as one of Forbes Under 30, Amrit and his team is spearheading the drive to “make […]

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Why we’re advocated against extending IR35 legislation to the private sector

Earlier this week we shared a petition against extending IR35 legislation to the private sector. If that sounds like a load of accountancy jargon to you, we understand. However, there’s a big chance that the changes that the government are hinting at will have a major effect on your life as a self-employed person. To […]

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The freelancer’s guide to business receipts

Business receipts have a complicated place in the hearts of most people new to self-employment. That moment when you first register your company, head into a shop and put something ‘through the business’ – it’s an exciting time for everyone. It makes you feel proud of yourself, not to mention a little as though you’re […]

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The freelance life in numbers – what freelancers worry about before taking the leap

As you’ll see if you take a look around our website, we’re fairly passionate about the freelance lifestyle. Whether you’re a creative freelancer, a project manager, a contractor or a small business owner, we love keeping you well-informed on ways to make the most of your chosen way to make a living. We’ve been running […]

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That iPhone X looks pretty sweet – can I put it through my company?

It’s that time of the year when the shops start flooding with new gadgets in time for the Christmas market. Tempting, aren’t they? But before you go rushing off and buying one on your company’s accounts, it’s worth knowing a little about what you can and can’t set against your taxes. Once again, we asked […]

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Christmas allowance for UK freelancers and contractors – what’s that all about, Kenny?

Forgive us for doing this to you so early in the year. It’s barely October and we’re already wafting the mistletoe around (believe us – it’s all we could do to keep Kenny from donning his Santa beard). But it’s always worth planning ahead, isn’t it? And when there’s a nice bit of tax-friendly Christmas […]

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