BEING A PRO ATHLETE AND GETTING YOUR ACCOUNTS/TAX AFFAIRS IN GOOD SHAPE:
Self employed? Professional athlete? Looking for someone to look after your accounts, and save you cash? Read on…
In my first year as a Pro triathlete, I also worked part-time on a self-employed basis. I couldn’t recommend an Accountant more so, and with my fabulous sponsors – Financial Fitness Group, who are AAT qualified, with over 8 years of experience of filling accounts specifically for fitness professionals, it was a no-brainer for them to take care of my accounts.
The life of a Pro triathlete = lots of travelling, expenditure, living costs, invoices, prize money, sponsorship deals, performance bonuses, equipment cost – the list can go on. It’s important to be on top of your receipts, be wise and savvy about saving money where possible, and allow your accountant to save you money on your tax return (often where you didn’t realise this was possible). Whether you’re self employed professional, work part-time and a Pro athlete, or a Pro athlete who can live off of their sponsorship packages, prize money and performance incentives, I would highly recommend having a reliable accountant, who can take the weight and pressure off of you, when you need to do your tax return.
Financial Fitness Group offers a couple of Accountancy Products, all of which provide;
A service which can save you money on your tax returns – effectively paying for its service, plus more
Your accountant will provide you with a very simple (trust me I’m brain dead when it comes to finances/maths and even I find this easy) system which you can fill out each month – recommended to keep on top of your accounts, which they then take care of, when filing your accounts
One of the best parts – they take-care of correspondence with HMRC on your behalf, so you literally have nothing to worry about. Simple.
They also claim that they ‘won’t be beaten on price; and guarantee that nobody else can touch us on price for a like for like service’ – bingo!
So, if you want to make you life that little bit easier when dealing with your tax return each year, get in touch – http://www.theffg.co.uk/accountancy/
IS YOUR INCOME PROTECTED
Anyone who is self-employed will have at some point wondered what would happen if they were to fall ill or sustain an injury. If you are a self-employed professional in the health or fitness industry, with your career so dependent on you being in top physical shape, this thought may have been particularly worrying. Whether you are a personal trainer who has to demonstrate exercises or the use of machines to clients, or a masseuse who uses their hands, feet and elbows to relieve others of pain, the chances are that you need your health.
Research has suggested that for every week of work missed through injury or sickness, a further month is required to offset the financial losses. Even if you are legible for the government’s Employment and Support Allowance, you will receive a less than ideal amount of money, and only after attending a Job Centre office. Wouldn’t it be better to properly prepare for any future accidents or illnesses? Fortunately, should you fall ill or become injured there are ways to bypass this uncertain territory, leaving you fully covered and with complete peace of mind.
Companies like Financial Fitness Ltd offer specifically tailored income protection plans, to help you circumvent these potential risks and secure an insurance policy that will actually protect you, should the worst happen. Which? magazine dubbed income protection plan as the one protective policy every working adult in the UK should consider, [but] doesn’t have. Don’t run the risk of hurting your business if you hurt yourself, contact a fitness-specific finances company. Financial Fitness Ltd share an interest in both finances and the health and fitness industry, and with their expertise you can ensure that your bills will get paid, even if you take a knock or come down with an illness. Why not give them a call on 0800 6127 789 or email info@theffg.co.uk to discuss your income protection plan. Whether you’re a physiotherapist or an acupuncturist, contact Financial Fitness Group and make sure you’ll get cover when you really need it.