If you’re self-employed you may wonder if it’s possible for sole traders to employ people. The short answer is that they can. It’s quite rare for sole traders to employ…
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CONCEPT BLOG
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Companies House has made changes that all small and micro businesses must be aware of. From 3 March 2024, the first measures of the Economic Crime and Corporate Transparency Act…
When distributing profits, companies can choose to pay their shareholders in dividends. Many limited company directors pay themselves this way along with their salary. We’ve already given some advice on…
Did you know that there’s a difference between Accountants and Chartered Accountants?Small business owners might not realise there is a difference, but it’s worth finding out what that is. It’s…
Most small limited companies do not need to complete a statutory financial audit. But there may be times when an audit can help small businesses. Normally, SMEs in the UK…
Many business directors start out as a freelancer or contractor and then make the switch from sole trader to limited company! According to the latest statistics, sole traders make up…
As a busy business owner it is easy to lose sight of your business’s health – but what if your business makes a loss? No one starts a business to…
Whether you plan to expand, buy equipment or are looking at organising your business finances, business loans could be the answer. There are many reasons why your business may need…
National Insurance Contributions (NIC) were reduced in the latest Autumn Statement from the Chancellor. And it means employees and the self-employed will be paying less in NICs. The cut may…
