At a glance, the difference between a sole trader and a limited company is that the latter is its own legal entity, and the liability of owners or shareholders is therefore limited as a result. more»
People who became self-employed during the 2016/17 tax year have until 5 October to register online for self-assessment before they risk facing large HMRC penalties. more»
The cloud is an exciting game changer for small businesses, and it enables the delivery of real-time valuable information to company owners – easily, quickly and securely. more»
On 25 December last year, a total of 2,044 business owners in Britain filed self-assessment tax returns – a new record – and the figure is likely to rise again in 2016. more»
With the government’s Making Tax Digital initiative approaching fast, many small business owners are starting to think about whether online accounting software could help them manage the transition to dealing with a digital tax system. more»
Recent changes to UK company law have resulted in a spike in rejections among small firms which register accounts with Companies House, as owners fail to navigate new rules. more»
Managing director for savings at challenger bank Aldemore Simon Healy takes a closer look at how and why small businesses are saving, and why it pays to shop around for the right deal. more»
Running a business brings with it a number of obligations and responsibilities – not least with the tax authorities. So here's an introduction to working with HMRC. more»
