I was chatting with a business owner today who said there are only two advantages to being self-employed - you can go on holiday when you like and you can work with who you want to. That started me thinking - are there really only two adv…
The recent ruling against Pimlico Plumbers in favour of one of its workers highlights the need for every business owner to understand the rules around employment and self-employment. The worker in question was self-employed but wanted to…
If you want to expand your business you need people to support you as there is no way you can do everything yourself. But it seems that business owners are reluctant to employ anyone and would rather use an associate or a consultant than commit…
As a sole trader or self-employed person you won't have to pay tax on your earnings until 31 January the year after your first accounting period ends. Finding out how much tax you will have to pay when you first tax return is submitted …
If you are earning income from a business activity you must register with HMRC as self-employed (also known as being a sole trader) and submit a self-assessment tax return annually by 31st January each year.
A busin…