Another major organisation representing contracting professionals has criticised the recent report from the Institute for Fiscal Studies (IFS) for misleadingly claiming that freelancers and the [...]
The government’s Making Tax Digital programme is a big change to the way the self-employed and micro businesses report their tax affairs. As well as requiring them to keep digital tax records, [...]
According to a report from think tank the Institute for Public Policy and Research (IPPR), the UK is the self-employment capital of Europe; over the past 13 years, the number of self-employed has [...]
Even if you are a sole trader (self-employed), getting the right business address is important if you want to grow and expand your business. While many entrepreneurs start their businesses from [...]
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 [...]
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 [...]
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 [...]
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. [...]