Extracting Profit From Your Limited Company: Here’s How To Do It
Thinking of cashing in on the profit you’ve built up? Find out how to extract profit from a limited company in this complete guide.
Thinking of cashing in on the profit you’ve built up? Find out how to extract profit from a limited company in this complete guide.
Ready to take the plunge with your own business? Make sure that you get the best start with our pdf checklist for starting a business in the UK
We’d love to always focus on the happy and inspiring side of starting a new business. But in giving the best, practical advice, we have to cover what happens when it’s time for a business to end. In the UK, annual rates of dissolving businesses are 11% – nearly as high as how many new … Read more
Being a sole trader has a wealth of benefits, including being easy to set up, having less red tape to deal with, and of course, being your own boss. It’s why it’s such a popular choice for small and starting out businesses. However, if you’re ready to grow and need an extra pair of hands … Read more
Whether you’re switching to self-employed after years of being an employee, or if you’re feeling a tad burnt out from building your own business – there are always lessons you can learn from changing your mindset and setting a brand new attitude to your company. So to help you thrive or bring back that spark … Read more
Being a sole trader means more freedom but can come with many hidden downsides. Find the truth about the disadvantages of a sole trader here.
As the director of a limited company, you can contribute company income to your pension pot. Find out mor in our guide to company pension contributions for directors.
Ready to start invoicing your clients as a sole trader? Here’s everything you need to know about how to invoice as a sole trader in the UK.
Since coming into force on April 2021, IR35 has been a bane for contractors and employers alike. Designed to stop tax avoidance by employees that are designed as freelancers or contractors, this legislation had changed the way that contractors are hired and assessed for each role. We’ve talked before about how to avoid IR35 – … Read more
Businesses grow and evolve over time and changes are needed. Find out in this guide when to go from a sole trader to a limited company.