The Ultimate Guide To NIC For Self-Employed In The UK
National Insurance Contributions (NIC) can be confusing when self-employed. Find everything you need to know about NIC for self-employed in our ultimate guide.
Accounting, Tax & Money
Discover the best accounting practices for sole traders and limited companies for hassle-free tax efficient business.
Start Here:
- Basic Bookkeeping For Beginners
- 9 Best Accounting Software For UK Businesses
- VAT Explained – A Complete Beginners Guide
- A Complete Guide To UK Payroll
- Top 5 Questions To Ask When Hiring An Accountant
- What Are The Average Accountancy Costs For A Limited Company?
- What Is A Directors Loan Account & How Does It Work?
- Allowable Expenses You Can Claim As A Limited Company
Recent Posts About Accounting:
The Full Guide To Buying Property Through A Limited Company
Want to purchase property through your business? Find out all the details with this guide to buying property through a limited company.
What Are Business Rates? A Guide For Small Businesses In The UK
Business rates are one of the oldest UK taxes, which apply to all business premises in the UK. Even if you’re working from home, you could be liable for paying business rates on the part of your home which you use for your business – so they are an important aspect to get right. Make sure … Read more
The Difference Between Accrual vs Cash Accounting Explained
Being able to stay on top of your finances accurately is one of the best skills that you can have under your belt as a small business owner. And thanks to a wealth of accounting software that runs the numbers for you and keeps your documents safe, it’s now easier than ever to keep your … Read more
What Are Abridged Accounts? The Full Guide & Examples For Your Business
As you’ll be more than aware as a business owner, each year, your business has to share its accounts with the Companies House. Although there’s no way to get out of this process as a limited company, there are ways to submit shorter versions of accounts to make this process easier if you’re a small … Read more
Micro-Entity Accounts Explained
Some small businesses can be classified as micro-entities, allowing them to file simpler accounts – discover what micro-entity accounts are and more here.
How To Extract Profit From A Limited Company In The UK
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.
Company Pension Contributions For Directors In The UK Explained
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.
How To Invoice As A Sole Trader In The UK
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.
Inside IR35 Expenses – Understanding What Your Business Can Claim
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