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Author Archive for: "Michael"
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By Michael
In Business
Posted January 27, 2016

Trading or investing business tax structure

In case you are considering starting or expanding your business, you should first be aware of the tax structure, as this will help you create the perfect business vehicle. Trading versus [...]

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By Michael
In Business
Posted January 26, 2016

Operating costs that you can claim

There is no way you can start your own venture without incurring a cost. Many of the costs start before your business activity begins. Expenses that you incur seven years before your business [...]

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By Michael
In Uncategorized
Posted January 22, 2016

5 taxes self-employed people should be aware of

When you become self-employed, you will have to pay taxes at the end of the tax year. However, for many solo traders, it can be confusing to decipher the complicated tax rules in the UK, and this [...]

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By Michael
In Business
Posted January 19, 2016

Sole trader or limited company status?

Choosing between becoming a sole trader and starting a limited company can be tough when you start out. As a sole trader and under limited company status, you can continue your employment with [...]

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By Michael
In Business
Posted January 14, 2016

Expand your business network to grow and succeed

Even self-employed professionals need a network to succeed and grow their business. Today, cold calling, sending unsolicited emails or even lifting the phone and contacting a prospective customer [...]

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By Michael
In Uncategorized
Posted January 13, 2016

Getting the right insurance as a self-employed trader

As a self-employed trader, it can be confusing to choose the right insurance when you are starting out. There are three main types of insurance that can protect your business. These include [...]

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By Michael
In Uncategorized
Posted January 7, 2016

When registering for VAT makes sense?

As a self-employed individual, you may think it is unnecessary to register for VAT because your turnover is low. However, there are instances when you can save money by registering for VAT. If [...]

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By Michael
In Business
Posted January 5, 2016

Choosing your business name carefully as a sole trader

Even if you intend to work as a sole trader, you should not disregard your business or trading name. Typically, the company and business has the same name and this offers some level of [...]

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By Michael
In Uncategorized
Posted December 30, 2015

How does intermediaries legislation affect personal service companies

There are many self-employed professionals in the UK who offer their services to customers through intermediary companies. These companies are known as personal service companies, and come under [...]

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By Michael
In Uncategorized
Posted December 29, 2015

Tax requirements for self-employed

If you have just emerged into the business world and are looking to start your own business, you should go ahead and do it. There is nothing easier than becoming a self-employed professional. [...]

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