Sole Trader VS Limited Company
During the June 2022 Facebook Live, I talked about the differences between sole traders and limited companies. What is a sole trader (self-employed)? A sole trader runs the business as their own and owns everything the business has – the profit of the business is...
How do I register as self-employed?
During the May 2022 Facebook Live, I talked about how to register as self-employed. A lot of people start businesses at home for many reasons – to generate a second income, to fit around childcare or health issues and some people don’t even realise that they are...
Spring Budget March 23rd, 2022
On March 23rd, 2022, Rishi Sunak, Chancellor for the UK, announced the Spring Budget. There were some unexpected announcements during the Spring Budget in relation to businesses, Change to National Insurance Contributions ThresholdFrom July 2022, the threshold for...
What expenses can I claim?
During the March 2022 Facebook Live, I talked about what expenses businesses can claim on their accounts and tax return. Every business, whether they are self-employed, a partnership or a limited company, will have expenses – some of these might be related directly to...