Can I Apply for Gross Payment Status?

If you’re a subcontractor in the construction industry, then the contractor you work for will normally take CIS deductions from your pay each month, and pay these towards your income tax and National Insurance. In some cases you can opt to handle your taxes independently without the contractor making CIS deductions, but only if you…

Bookkeeping for Your Side Hustle

With the cost-of-living soaring, many of us are looking to make a bit of extra cash in our spare time. After all, there’s more opportunity to earn money online than ever. But before you jump in, it’s worth doing your homework, especially around bookkeeping and tax. We’ve put this article together to get you started…

How Do I Register a Business Partnership?

Embarking on a new business venture is exciting, especially if you’ve decided to start with a friend or a group of experienced individuals. While this process can feel extremely overwhelming at times, you’ll never be in it alone! Your first major business decision will be choosing which business structure to go for. If you don’t…

How Do I Choose a Business Structure?

Once you choose a name for your business, it’s time to register it legally. This is an exciting part of the process, as you edge closer towards being open for business. But which structure do you go for? There’s no one-size-fits-all when it comes to this type of thing, and what works for a freelance…