Setting up a Government Gateway Account This guide will show you how to create a government gateway account in the simplest way and link it to all your relevant taxes. Creating a government gateway account will allow you to manage all of your taxes and their associated details effectively. We have split this guide into …
When you operate a limited company, the amount of corporation tax your company pays is based on the profits chargeable to corporation tax. Profit means company income less company expenses. Therefore by reducing your company profit, you are lowering the amount that the company corporation tax is calculated upon. Allowable expenses are a perfectly legal …
Guide to self-employed expenses When you are self-employed, the amount of tax and national insurance you pay is based on your taxable business profits. Profit is a term that describes all your income less all your business expenses. Therefore by reducing your profit, you are lowering the figure that your tax and national insurance are …
There are many reasons why you may want to go freelance. It might be that you are fed up of working for someone else, you would love to be your own boss or you want to choose your own hours and work from home. Whatever the reason, we have put together a guide to talk …
What is a workplace pension? A workplace pension is a way of allowing an employee to save for their retirement that’s arranged by the employer. Some workplace pensions are called ‘occupational’, ‘works’, ‘company’ or ‘work-based’ pensions. Under the Pensions Act 2008, every employer in the UK must put certain staff into a workplace pension scheme …
Does my business need to operate a workplace pension? Read More »
There are many reasons why you may want to become a freelance yoga instructor. It might be that you are fed up of working for someone else, you would love to be your own boss or you want to choose your own hours and work from home. Whatever the reason, we have put together a …
There are many reasons why you may want to become a Pilates instructor. It might be that you are fed up of working for someone else, you would love to be your own boss or you want to choose your own hours and work from home. Whatever the reason, we have put together a guide …
What is VAT? Value added tax is a general tax that applies to all commercial activities involving the production and distribution of goods and/or provision of services. VAT is a tax on consumer expenditure and is collected on business transactions, imports and acquisitions. Most business transactions involve supplies of goods or services. VAT is payable …
Guide to Value Added Tax for Businesses | VAT Explained Read More »
There are many reasons why you may want to go freelance. It might be that you are fed up of working for someone else, you would love to be your own boss or you want to choose your own hours and work from home. Whatever the reason, we have put together a guide to talk …
Self-Employed vs Limited Company Setting up a new business is an exciting period, though often we hear from business owners that they aren’t sure which structure is right for them. This guide will explain the high level advantages and disadvantages of each structure so that you can make an educated decision as to which structure …
Should I register as Self-Employed or a Limited Company? Read More »
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