Stay Hungry, Stay Foolish

Steve Jobs, the late Apple co-founder, ended his famous commencement speech at Stanford University in 2005 with the words "Stay Hungry, Stay Foolish." This advice came from the back cover of the Whole Foods Catalogue final issue in 1974. Accompanying a photograph of an early morning country road, it was the farewell message of the … Read more

Freelance Expenses: What costs can you claim for?

If you’re self-employed, your business will have various running costs. You can deduct some of these costs to work out your taxable profit as long as they’re allowable expenses. ExampleYour turnover is £40,000, and you claim £10,000 in allowable expenses. You only pay tax on the remaining £30,000 – known as your taxable profit. Allowable … Read more