To VAT or not to VAT, that is the question

To VAT or not to VAT, that is the question

For smaller businesses and sole traders, VAT can be complicated issue. Knowing when is right, or required, to register can be difficult. When does a business need to register for VAT? A business must register for VAT when its taxable turnover exceeds the VAT...
HMRC set to launch enhanced employment status checker

HMRC set to launch enhanced employment status checker

HMRC has confirmed an improved version of its check employment status for tax (CEST) tool should launch before the end of the year. The tool was first introduced in 2017 as part of an extension to the off-payroll (IR35) rules that applied to the public sector. It...
Small Business Guide: Sole Trader vs Limited Company

Small Business Guide: Sole Trader vs Limited Company

You have decided to take the big leap of faith and start your own business, the next question is how this should be structured. Should you trade in your personal name or through a limited company? Follow the link below to read our guide on the key accounting and tax...
3.3m sole traders to have ‘no pension by 2028’

3.3m sole traders to have ‘no pension by 2028’

More than three million self-employed people could be left without a pension in the next 10 years, according to a recent report. The warning came from the Association of Independent Professionals and the Self-Employed (IPSE). It made the claim based on the growth of...
Government launches ‘Get ready for Brexit’ website

Government launches ‘Get ready for Brexit’ website

Ever since the referendum under David Cameron’s Conservative Goverment back in June 2016 the topic of Brexit hasn’t been far from the front pages. As we move ever closer to the 31 October 2019 deadline for Britain to leave the EU the Government have launch a...