Selling up as a sole trader: tax, valuation and practical steps
Step-by-step guide to selling your sole trader business, from working out value and finding a buyer to tax rules and timing your sale.
Critical illness cover if you’re self-employed
Critical Illness Cover pays a lump sum if you’re seriously ill – a key safety net for sole traders and the self-employed.
How to raise money to start and grow your own business
Starting on your own? Explore the main ways to raise money for a new business — from personal savings and bank loans to grants, crowdfunding and investors.
What is the October 5th Self Assessment deadline and what happens if you miss it?
If you became self employed during the previous tax year, make sure you register for Self Assessment by 5th October to avoid HMRC penalties. What happens if you miss this deadline?
Can you claim gym memberships and wellbeing costs as a sole trader?
Find out if you can claim gym memberships, yoga or other wellbeing costs. HMRC’s rules on what’s tax deductible - and what is just a personal expense.
Eye tests and glasses for the self-employed: what you can claim
Practical guide for sole traders and the self-employed on claiming eye tests and glasses as business expenses. Explains how HMRC’s strict rules work.
Phone and internet expenses for sole traders: HMRC rules and allowances
Most self-employed people rely on the same phone and broadband for both work and personal use. You can usually claim back part of the cost as a business expense, but…
Does your small business need tax investigation insurance?
Tax investigation insurance is a type of policy which provides financial cover in case your small business is subject to an HMRC enquiry.
Private health insurance options for small business owners
Practical guide to private health insurance for the self-employed. How policies work, the main types of cover available, and how much does it cost?
Entertainment expenses for sole traders: what you can and can’t claim
Client lunches. Coffee after a meeting. A team meal at the end of a project. Are any of these costs tax-deductible? For sole traders, the tax treatment of “entertainment” has…