All Posts

Running a business is busy enough without getting buried in admin… that’s where I can help At Openbook Accountancy, I offer admin support services alongside bookkeeping to help keep your business running smoothly and stress-free. Here’s how I can support you: • Creating and sending invoices to your customers • Chasing outstanding payments (so you get paid faster!) • Processing purchase invoices • General day-to-day admin tasks • Keeping your records organised and up to date

If you earn rental income from a property, you must declare it through your Self Assessment tax return. Getting it wrong can be costly, with penalties and missed opportunities to reduce your tax bill. Whether you own a single buy-to-let property or a growing portfolio, understanding what you can claim and how to stay compliant is crucial. This post will guide you through key Self Assessment tips tailored for landlords. You will learn how to maximise allowable deductions, avoi

Starting your own business or side hustle can be exciting and rewarding. But if you earn more than £1,000 in a tax year from self-employment, you must register with HM Revenue and Customs (HMRC). Missing the registration deadline can lead to penalties, so understanding the process and timeline is crucial. This guide explains everything you need to know about registering as self-employed in the UK, including deadlines, requirements, and practical tips to get started smoothly.

Tax rules are changing, and Making Tax Digital (MTD) is at the center of this shift. This government initiative aims to modernize the way individuals and businesses manage their tax affairs. If you are a taxpayer or run a small business, understanding MTD is essential to avoid penalties and make the most of your financial planning. MTD requires taxpayers to keep digital records and submit tax returns using compatible software. This post explains what MTD means for your financ

If bookkeeping is taking up too much of your time (or causing a bit of stress!), I’m here to help I offer a friendly, reliable service to keep your finances organised and Making Tax Digital ready, including: Monthly bookkeeping Payroll VAT returns Tax returns Invoicing & general admin support No jargon, just straightforward support tailored to you and your business Based in East Lothian Feel free to message me for a chat or to find out more....