Accountants for Yoga/Pilates Instructors
Yoga and Pilates are popular forms of exercise, both are a great way to stretch and strengthen your body, focus your mind and relax your spirit. With so many focussing more and more on their mental wellbeing, instructors, old and new are finding their classes fuller with like-minded clients looking for an equal balance of meditative and intense exercise. But the last thing you need disrupting your calm is paperwork. However, it’s important to keep on top of it to avoid stress in the studio.
Whether you have your own studio, or are newly qualified and just starting out, Dead Simple Accounting can help you stay on top of your finances.
Why Use Dead Simple Accounting
Keeping on top of your finances is no easy feat considering the amount of paperwork and legalities involved. It can be confusing with all the hoops you have to jump through, especially when you’re just starting out. Dead Simple Accounting leaves you to take care of your performances, while we take care of the boring stuff.
We’re experts when it comes to accountancy services for the fitness and wellbeing industry. Whether you’re looking to setup as a Yoga or Pilates Instructor, we can get you up and running in no time, so you can focus on keeping your clients fit and healthy. We can also take the stress out of your self-assessment, helping to maximise your profits and reduce the amount of tax you need to pay.
We also offer services that help to forecast any risks that stand in the way of your goals, mapping out a fool proof plan to help you go from strength to strength.
Don’t want to take our word for it? Let our five-star ratings across Google and Facebook do all the talking.
At Dead Simple Accounting we charge just £199+VAT for self-assessment tax returns, and can take you through the entire process.
If you’re interested in other services, such as setting up a company or payroll, head over to our quote page for a free and instant estimate.
What Expenses can Yoga & Pilates Instructors claim?
There are lots of expenses associated with being a Yoga or Pilates Instructor that you may be able to claim, such as:
- Clothing worn for business purposes
- Rent cost for studio or teaching space
- Training equipment, for example yoga mats, bolsters, blocks, oils, straps, reformer machine
- Workshops & training costs to further your offering
- Advertising and Marketing costs
- Subscriptions such as; Zoom, calendar booking systems
- Legal and financial costs
- Website costs
- Printing Costs
- posting and packaging costs
Generally speaking, if something is solely for business use then it’s likely it can be claimed as an expense. It’s important that you keep on top of your paperwork, so ensure you save all receipts and invoices and snap a picture of them as a backup.
These days there’s an abundance of tools and resources at your disposal, software that handles your invoices and expenses, to mobile based banks that cut the boring paperwork.
We only work with the best of the best, and have partnered with several big names to offer you various goodies when signing up.