National Insurance Contributions
During the September 2021 Facebook Live, I spoke about National Insurance Contributions – what they are, how much you have to pay and when. The rates mentioned through this blog post are the rates that are for the tax year 06/04/2021 to 05/04/2022 unless...
Pros and Cons of Running a Limited Company
During the August 2021 Facebook Live, I spoke about the pros and cons of running a limited company and what you need to do in terms of your accounts. If you are running a business in the UK, there are a few options that you can choose for the business structure. 1)...
Multiple Self-Employed Businesses, Personal Allowances and Tax Returns
During the July 2021 Facebook Live, I spoke about how having multiple self-employed businesses affects your personal allowances and tax returns. Everyone in the UK has a personal allowance which allows them to earn a certain level of income before they must pay tax....
Updated Information on how small businesses and the self-employed can weather Covid 19 – July 11th, 2021
Last week the government provided guidance on the 5th SEISS grant. If you are eligible for the grant, based on the tax return you have submitted for the 2019/2020 tax year, HMRC will contact you in mid-July with a date to claim the grant. You will be able to start...