How to register for CIS as a subcontractor
If you're starting up as a sole trader subcontractor, it is worth registering for CIS early. It means contractors can verify your details before they pay you.
Construction Industry Scheme (CIS): a guide for self-employed subcontractors
What is the Construction Industry Scheme (CIS)? How CIS works, who needs to register, tax deduction rates and how self-employed subcontractors are affected.
Can I manage my sole trader business using only Xero?
How much of your business can you manage using just Xero? We look at its key features, the pros and cons, and when you might still need an accountant.
Can I pay myself a salary if I’m a sole trader?
Can pay yourself a salary as a sole trader? Learn how drawings work, what HMRC expects, and how to manage tax and NI when you're self-employed.
One in four qualifying business owners still haven’t signed up for MTD
With the first quarterly MTD for Income Tax deadline on the horizon, new research suggests that many sole traders are still unprepared for the new rules.
How many years should you keep your tax and accounting records for?
How long sole traders, limited companies, employers and CIS businesses must keep tax records, plus the documents you should retain as per HMRC guidelines.
The first year in business – why survival matters more than speed
Ask most aspiring entrepreneurs what success looks like, and you'll often hear the same answers. Launching quickly. Winning customers. Growing revenue. Hiring staff. Those milestones are important, but they overlook…
Can you charge VAT while waiting for your VAT number?
If you've applied for VAT registration but are still waiting for your VAT number, you may be unsure whether you should start charging VAT. In most cases, the answer is…
Can a sole trader have more than one VAT number?
Can a sole trader have more than one VAT number? Why most sole traders can only have one VAT registration, even if they run multiple businesses.
How Tide and Zempler connect to Xero, FreeAgent and QuickBooks
How Tide and Zempler bank accounts connect to Xero and QuickBooks, and how bank feeds improve reconciliation and digital record-keeping.