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A Guide to Setting Up as a Sole Trader in the UK

Are you considering starting your own business in the UK? One of the simplest and most popular business structures is setting up as a sole trader. In this guide, we’ll walk you through the process of becoming a sole trader in the UK, including registration, tax obligations, and more. Understanding Sole Trader Business Structure: When […]

Do you want to be a sole trader and quit your job?

Should I quit my job to start a new business?

Starting anything new can be very daunting, so a lot of taxpayers always want to know the tax consequence of starting a new business. In this blog post, we will explain five things that you need to do start when starting a new business in the UK.   Request for a P45 from your employer […]

Self employed and affected by Covid-19,how much grant should I receive?

Self employment income support scheme

Self employed income support scheme was one of the last grants that were announced by the HMRC. The Chancellor confirmed that it was difficult to assess how the number of grants that could be given to self employed individuals in the UK due to the flexibility of their income. Who qualifies for the Self employed […]

ARE YOU AN EMPLOYEE OR SELF EMPLOYED?

Employee or Self Employed

Employment status key test. Who is an Employee? An employee is an individual who works part-time or full-time under a contract of employment, whether oral or written, express or implied, and has recognized rights and duties.Often people mix this up as they are not sure what category they are on. I have been often been […]