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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. [...]

As a trader or self-employed individual, you need a proper system in place to keep track of your revenue, expenses, profits, and also to reconcile your bank account every month. Whether you opt [...]

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 [...]

Of late, it has become quite popular for individuals to offer their services through an intermediary company. Such individuals should think of establishing a personal service company, as it [...]

Regulatory compliance is an important part of running a business. Whether you are self-employed, operating a trading company or investment venture, you are subject to compliance and regulations [...]

Starting your own venture can be exciting and thrilling. However, you have to make an informed decision to choose the right business entity, as it will have an impact on your tax and National [...]

When someone decides to start their own business, there are many things that need to be arranged. In the initial days, you will be running around to find the right resources and work, you also [...]

A huge array of small and medium-sized enterprises, numerous umbrella companies among them, will need to be fully compliant with the government’s pensions auto-enrolment scheme by July 2016. It [...]

One of the reasons why new accountancy software packages are risky for limited company and personal service company contractors attempting ‘do-it-yourself’ accounting is that the UK tax system is [...]