To achieve long-term success in increasing your income with a side hustle, you need to make it sustainable for yourself in the long run. Here are some actionable tips to get you through: Set realistic income goals for your first year of side hustling: Aim for an extra $500-$1,000 per...
Receipts and invoices that match with dated bank statements Digital tax software to make the whole process more seamless, whilst saving on accountancy fees PAYE employees on a second earnings stream need to complete a starter checklist (formerly a P46 form) for their new employer, but freelancers...
This is a type of savings account offered by financial institutions that invests your money in a combination of financial products such as unit trusts, bank savings accounts, fixed deposits, bonds, etc.The difference between this and other savings or investment accounts is that all returns, i.e...
You may have to register as asole traderif certain conditions apply to your self-employment situation. Tax forms when you leave a job If you leave a PAYE job, your employer will give you aForm P45. Make sure you keep this safe as you will need to give it to your next employer – t...
Remember, while auto-pay is a convenient option, it’s still essential to stay informed about your loan details and maintain sufficient funds in your bank account to cover the monthly payments. Keep an eye on your finances and make adjustments as necessary to ensure a smooth and trouble-free...
Every extra bit of money I made went towards paying off my student loans, and I would usually make a payment as soon as the extra money from my side hustles hit my bank account. I did this so I was never tempted to spend that money. ...
Last August, the National Assembly voted to tweak the Banking (Amendment) Act, 2016 and removed a clause compelling banks to pay depositors at least 70 per cent of the Central Bank of Kenya (CBK) base rate. Failed to unlock credit
This move continues RightCard’s dedication to providing secure and efficient services while complying with the set regulatory framework by the Central Bank of Kenya. It is a significant step in LemFi's promise of seamless international payments to the over 500,000 Kenyans in the diaspora. ...
If you’re the only director, you simply create a minute with the relevant details, or get your accountant to do it. Then you can pay the money to yourself from your bank account. Turn your payday into a yay day with Sage Payroll ...
Some Umbrella Companies offer same-day payments as standard, others don’t and will charge you extra if you want your money in your account the same day they process payment. As we run a payroll every single working day, providing cleared funds are received into our bank account by 9am, ...