Year End 2015

It’s that time of year again. The Christmas chaos is over, and it’s time to take stock of the year & look forward to survival in 2016. This has been the most challenging year since I started out as a freelancer back in 2006. This time last year, I had the daunting task of essentially starting from scratch after shutting the studio, saying farewell to a big client which supplied the vast majority of my work, and trying to cut my enormous costs which had built up in the course of running a fashion product business. It’s not been easy, and I’m heading towards running a hefty financial loss for the first time in my career due to having a gigantic tax bill to pay – courtesy of a good previous financial year’s results, an accountants error in my previous 2 tax returns, and the system of “on account” payments, which force self employed people to pay half of next-years expected bill up front (based on the previous years finances). To put it into perspective, my January tax bill is mor