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Many companies and organisations within the UK are entitled to a form of tax relief known as Employment Allowance. This saving scheme has been in effect since April 6 2014, and offers employers a [...]

The National Minimum Wage is the minimum amount a person is entitled to earn per hour during a particular period of employment. The amount a person can lawfully earn varies depending on how old [...]

When you start a business of your own, be prepared to face a number of National Insurance implications. There are mainly two types of National Insurance that people, who are self-employed, have [...]

When you decide to be self-employed, your business is likely to incur various expenses. Some of these can be deducted from your taxable profit but this is only possible if they are allowable [...]

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 [...]

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 [...]

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 [...]

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 [...]

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. [...]

National Insurance contributions allow you to enjoy certain benefits as well as the State Pension. You have to pay National Insurance if you are 16 years and older; you are an employee, who earns [...]