Making the move from employment to self-employment can feel overwhelming, but you’re in good company. There were a reported 3.1 million sole traders in the UK at the beginning of 2022. And these figures are continuing to grow! We’re going to look at the most frequently asked questions surrounding sole traders. Including: What is a…
Your Unique Taxpayer Reference number (UTR) is a 10-digit number you’ll receive after registering for Self Assessment or setting up your own limited company. Starting a new business is an exciting time, but can also mean lots of information flying about that you need to keep track of. Hidden within the onslaught of letters and…
Contractors are an important part of both the private and public sectors, contributing more than £300bn to the UK economy every year, and covering a range of roles, from HGV drivers to bricklayers, architects to accountants, and engineers to plumbers, to name just a few. IR35 was introduced to help minimise the risk of tax…
Many of us are swapping central heating for a hot water bottle at the moment as the cost of living and price of energy continues to climb. The crisis doesn’t just apply to life at home though, it’s also affecting businesses across the country who are having to cut back and compromise in order to…
Running a business can be challenging, and almost always involves heaps of paperwork to sort out. You’ll need to make lots of important decisions on all sorts of things too, particularly when it comes to your finances. It can get a bit confusing, which is why lots of business owners decide to get some help…
