Beth-Anne Karellen

Posts by Beth-Anne Karellen

I'm an experienced and fully AAT and ACCA qualified accountant, who is enthusiastic about helping business owners succeed. I also love cooking and needlepoint (at different times!).

Can I Use the Trading Allowance?

Can I Use the Trading Allowance?

You can use the trading allowance even if you receive an income from other sources, such as an employer. For example,...

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Where Can I Find My Unique Taxpayer Reference (UTR) Number?

Where Can I Find My Unique Taxpayer Reference (UTR) Number?

Along with your name and date of birth, HMRC uses unique reference numbers to help them locate and manage your tax...

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What is the Difference Between a Private and a Public Limited Company?

What is the Difference Between a Private and a Public Limited Company?

Limited companies exist as a separate legal entity to their owners, and this is often seen as an advantage because it...

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Accountants for the Legal Industry

Accountants for the Legal Industry

The legal profession can be an unusual one as far as accountancy goes, so it’s often useful to engage with an...

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Can I Reclaim VAT on Fuel my Business Uses?

Can I Reclaim VAT on Fuel my Business Uses?

You may be able to claim back the VAT your business pays on vehicles and the fuel they use. As you...

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How Do I Cancel My VAT Registration?

How Do I Cancel My VAT Registration?

You can de-register for VAT online, or you can submit a VAT7 form to HMRC through the post to cancel your...

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What is the Best Way to Take Invoice Payments from Clients?

What is the Best Way to Take Invoice Payments from Clients?

You’ve done the work, completed the project, provided the goods, and now you’re ready to invoice your client… so how do...

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Claiming Business Expenses as a Self-Employed Sole Trader

Claiming Business Expenses as a Self-Employed Sole Trader

Working out what expenses you’re allowed to claim for in your business can be extremely confusing. Nobody wants to pay more...

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Wasting Assets for Capital Gains Tax

Wasting Assets for Capital Gains Tax

Wasting assets are important for working out Capital Gains Tax because they’re often exempt from being taxed as long as they’re...

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Renting Out Your Property: A Checklist for Landlords

Renting Out Your Property: A Checklist for Landlords

Whether you’ve inherited a place or you’re considering a buy-to-let, renting out a property is a pretty big deal. Being a...

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How Do I Find My Tax Reference Number?

How Do I Find My Tax Reference Number?

Your tax reference number indicates which employer you are working for, and appears on your payslip or letters from HMRC. Though...

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What are Payments on Account?

What are Payments on Account?

Payments on account are a type of advance payment you might need to make towards your Self Assessment tax bill. In...

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