How Do I Claim Business Expenses as a Sole Trader?

How Do I Claim Business Expenses as a Sole Trader?

As a sole trader, you’ll be used to handling everything yourself. From marketing to sales, and everything in-between, it’s down to you. It means that you’re also liable for everything financially, including those tax bills. That’s where expenses come in. It might not sound very exciting, but keeping track of your expenses can significantly reduce…

Making the Big Step from Side Hustle to Self-Employment

Making the Big Step from Side Hustle to Self-Employment

First of all, let us say a huge congratulations. If you’re at the point where your side hustle is a viable means for self-employment, this is a seriously impressive milestone! Now it’s time to look at the pivotal crossroads you’ve reached. You can either continue the way you were, juggling your side hustle with other…

Free Accounting Software for Tradespeople

Free Accounting Software for Tradespeople

If your trade is also your business, you’ll be only too aware of how hands-on your job is. The thought of sitting down at the end of a long day probably doesn’t involve sitting behind a desk to sort out your accounts. It’s just one of the reasons why we’re so passionate about the mobility…

Am I A Good Boss?

Am I Employed or Self-Employed?

Working out the employment status of someone who is employed or self-employed can sometimes be surprisingly complicated. In this post we’ll explain examples where a worker’s employment status might be confusing, and how to identify it correctly. Employee or contractor? The official stance from GOV.UK is that “an employee is someone who works under an…