Payments on Account for the Self-Employed
When you’re employed, your income tax and National Insurance Contributions (NICs) are deducted at source through the PAYE (Pay As You Earn) system so that you receive a salary net […]
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National Insurance Rates for the Self Employed Explained
National Insurance was introduced in 1911 and greatly expanded after the Second World War to provide insurance against illness and unemployment. Since then it has widened to encompass benefits more […]
How Voluntarily Registering for VAT Can Help Your Business
You might already know that you are legally required to register for VAT once your business turnover exceeds £85,000 but did you know that you can do it voluntarily before […]
How HMRC Calculates Your Tax Penalty
Calculating your tax bill can be a complicated affair – that’s why you turn to your friendly accountant with all of their expertise – but what if there is also […]
5 Signs a Sole Trader Needs Help From an Accountant
If you’re running a small business as a sole trader, then you may be opting to complete your tax return and even VAT returns yourself – and this is perfectly […]
10 Things You Should Consider Before Starting Your Own Side Business
Starting your own business is an attractive venture for many people, and is becoming increasingly popular as shown by a study completed by the Henley Business School. They found that […]
How the Autumn Budget 2022 will Affect Small Businesses
If it’s been hard for you to keep up with the Chancellors’ budgets, we don’t blame you, as there’s been three in the past eight weeks. The first by Kwasi […]
How to Throw a Christmas Party as a Legitimate Business Expense
It’s getting closer and closer to that time of the year, and whether you think it’s too early or not, whoever is in charge of organising the Christmas do will […]
Citizens Advice Information on Pre-Payment Meters
In the concluding months of 2022, Citizens Advice is expecting to see more cases of a disturbing trend: low-income families with energy supply debts being pressured or even coerced into […]
Financial Experts Share 5 Benefits to Completing Your Personal Tax Return Early
Doing your tax return is possibly one of the top ten things people will leave to the last minute. Whether that’s because you need the pressure of the deadline closing […]
