With many individuals starting a ‘side hustle’ to supplement their salary, setting up as a sole trader or limited company is the first big decision.
Read More »Sole trader vs limited company for side hustles – Which is the most tax-efficient?
The first quarterly filing deadline for MTD for Income Tax passed on 7 August, with 864,000 sole traders and landlords earning over £50,000 a year set to have signed up and completed the filing.
Read More »HMRC is set to automatically sign up thousands of taxpayers to MTD after a slow uptake
To say that the UK economy is a bit of a mixed bag at the moment is something of an understatement, as the disparity between different businesses is resulting in an odd pattern emerging.
Read More »Can your business afford the team you need to deliver growth?
Where personal spending and business spending overlap, financial tracking can unnecessarily become a headache.
Read More »Why is keeping business and personal finances separate so important?
AI is something that we cannot escape, as it is built into nearly everything that people use on a day-to-day basis.
The barrage of heatwaves and dry weather may make a person feel as though summer will last forever, but Christmas will arrive in a few short months.
Read More »Santa hats in summer? Businesses should be starting to plan for Christmas
Geopolitical tensions are set to push UK petrol prices to the highest level of the year, with the average cost reaching 160p per litre, according to RAC monitoring.
It has been estimated by the Small Business Commissioner that late payments are causing 14,000 businesses to close each year. That is equivalent to 38 businesses a day!
Read More »Late payments are crippling SMEs: How to mitigate the impact
The ongoing economic challenges that face individuals and businesses alike are placing a greater strain on charities.
Read More »Gift Aid and Inheritance Tax relief – How helping charities can help your own finances
Despite the first deadline for Making Tax Digital (MTD) for Income Tax arriving on 7 August, over 400,000 qualifying landlords and sole traders have still not signed up.
Read More »First Making Tax Digital deadline looms – 400,000 people still yet to register
