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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 [...]

Irrespective of what kind of business you are starting, doing it involves a whole host of obligations that need to be fulfilled. Some may be temporary and one-time affair, while others may [...]

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 [...]

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 [...]

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 [...]

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 [...]

The Chancellor’s Autumn Statement on 25 November was not as seismic from a tax perspective as some pundits had predicted. Nonetheless, it contained a number of previously unannounced tax [...]