The Chancellor, Jeremy Hunt, has announced a National Insurance cut for the self employed from April 2024. The rate of Class 4 NICs will drop… Read More »Is the 2024 self employed national insurance ‘cut’ genuine or not?
With tax rates at a post-war high, a leading accountant shares three different ways to help business owners reduce their personal tax liabilities.
Whether you’re a sole trader or company director, you may have come across the term “SA302” at some point. Your SA302 is an HMRC document that you may need to produce to prove your income for a given tax year.
Companies House is the UK’s registrar of companies and the government agency responsible for incorporating and dissolving limited companies. If you’re setting up as a sole trader (i.e. self employed), do you have to register your business too?
ANNA Money is an app-based business account for small companies and sole traders. With ANNA you get a debit card and tools to grow your business, from expenses to VAT.
One of the main benefits of becoming self employed is the ease with which you can start up and run your own business.
There are several advantages to working via a limited company. Here we look at the benefits – including lower tax and limited liability.
There are several reasons why opening a business bank account and keeping your business and personal finances separate is a good idea for a sole trader.
If you run a limited company, you will deal with Companies House fairly regularly. In this article, we look at Companies House’s main functions and the obligations company directors have.
If you are a limited company shareholder, you may have to pay tax on any dividend income you receive. Here we explain how company dividends are taxed and how to calculate the amount of tax due on dividend income.
Read More »Limited company dividend tax guide – 2023/4 tax year