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Requirements as a Sole Trader

Being a sole trader is the simplest way to run a business, although you are personally liable for your business debts. All the business profits belong to you and are taxed as income, whether you take the profit for your own use or leave it in the business. You have to register as self-employed, which […]

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£2,000 Allowance For Employers

As of 6th April 2014, most employers can now claim the employment allowance (EA). This includes limited companies which only employs one director.  There are certain employers which are not entitled to the allowance. These include those caught by IR35, government bodies, employers of domestic workers, and some businesses supplying services to government.  In addition, […]

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Mar 2, 2014

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