Hoping for some advice
My situation is: I have had a "practice" for about 5 years after qualifying as AICB and have had a practice licence continually since then. However, this has only ever been very part time, and not particulary fruitfull. I had 3 clients - one has stopped trading, one is my husband, and the other I am not doing much for and am considering stopping as it's not worth my time (very small company and quickbooks does everything for them).
I am also an employed book keeper and love it, and I'm finding very little time to do anything else on the side.
My query is, I have just paid for another year of my practice licence, but I'm not sure if it's worth doing any more. Lets say my husband does his own tax return, and I don't do any other bookkeeping, then I don't need one, right? Are there any implications to this if things pick up again in the future? Would I need to keep renewing my Associate Membership as well?
Basically I'm paying over £300 a year in insurance, practice licence and associate membership but not getting much back....but don't want to just stop having these things if there are any future implications.
Any advice appreciated.