Published on February 19, 2021
There are many ways you can begin your business journey and setting up as a sole trader is one of those options. Here we touch on the fundamentals of a sole trader and look at the registration process.
Published on February 16, 2021
As part of our guide to becoming a sole trader, we weigh up the options between a sole trader and limited company to help you decide what it is best for your current situation.
Published on February 12, 2021
Sole traders are usually liable for Income Tax and National Insurance Contributions (NIC) which are calculated on HMRC’s Self Assessment and are based on on taxable profit thresholds.
Published on February 9, 2021
When you submit your Self-Assessment you can enter your business expenses to offset your income, but they must relate to the allowable expenses set out by HMRC.
Published on February 5, 2021
Professional indemnity insurance and public liability insurance, we’re breaking it down as it is often overlooked!
Published on February 3, 2021
If you’re a director, we have the perfect solution for your tax returns next year and able to do the same for you!
Published on January 17, 2021
Something most of us probably do not plan for and have limited knowledge on, inheritance tax is a tax on the estate (property, money and possessions) of someone who has died.
Published on January 13, 2021
The first instalment of our ‘New Business Information’ blog series where we begin to build out the core foundations of a business plan. Stay tuned for our next segment where we analyse risks and take a wider look at the market and introduce interactive tools to kickstart your business journey!
Published on January 8, 2021
If you provide your services to a client through a Limited Company, you’ll need to ensure this doesn’t appear as you are working as an employee of the client as the amount you pay in tax would differ – this is particularly of interest for contractors using a Limited Company.
Published on January 6, 2021
There are benefits of charitable giving that you may not be aware of, read more to explore your options.