Tax Tips and Advice for Freelancers and the Self Employed
Whether you’re a freelancer, contractor or a small business owner, you may be called upon to work away from your normal base, occasionally or frequently. This will create travel costs for your business, while…
There are about 5.7m SMEs in the UK, according to government figures. Although most (3.4m) are sole trader businesses (AKA people who are self-employed) and 405,000 are ordinary partnerships, there are 1.9m private limited…
There are many definitions but simply put your Accounts are the documents showing exactly how your business is performing in financial terms. Every business, whether a sole trader or a limited company, must keep accounts…
1. I’m only earning a small amount from my business so I don’t need to tell the tax man Subject to the considerations of the Trading Allowance, all business income regardless of how small…
Many people set up a limited company with very high hopes of business success. Unfortunately such success is not guaranteed and can elude some, resulting in the need to close the company. If your…
