If you are self employed or run a small business, it is highly important to keep control of your finances with a good bookkeeping software or other accounting system There are two main reasons for this – so that you can manage your business effectively and so that you can accurately complete your self assessment tax return

History is filled with all kinds of bizarre tax schemes Britain’s William III introduced a tax on windows, Roman emperor Nero taxed urine and India once levied a tax on moustaches

With the credit crunch hitting hard, business people need more than ever to keep a close eye on their finances There may be no hope for Excel Airways or US banking giant Lehman Brothers, but many struggling small businesses and sole traders could still survive the oncoming recession – all they need is some good business sense and top quality bookkeeping