Coronavirus Job Retention Scheme

Coronavirus Job Retention Scheme

Mar 25, 2021 | Information

What is it? Under the coronavirus Job Retention Scheme, all UK employers with a PAYE scheme will be able to access support to continue paying part of their employees’ salary for those that would otherwise have been laid off during this crisis. This applies to...
How do you pay national insurance if you’re self-employed?

How do you pay national insurance if you’re self-employed?

Mar 3, 2019 | Expenses

What are national insurance contributions? National Insurance contributions are a tax on earnings which build your entitlement to certain state benefits, such as the State Pension and Maternity Allowance. Your national insurance payments go towards state benefits and...
What is a sole trader?

What is a sole trader?

Jul 9, 2018 | FAQ

What is a sole trader? A sole trader is an individual who trades on his/her own on a self-employed basis. If you start working for yourself as a sole trader, you will own and run your business as an individual and will keep all the business’s profits after taxes. A...
Sole Trader, Partnership or Limited Company?

Sole Trader, Partnership or Limited Company?

Feb 27, 2018 | FAQ

So you’ve decided you want to be your own boss and work for yourself. Now what? Are you going to be a Sole Trader, Partnership or Limited Company? One of the first decisions to make is how you are going to trade. You can be a sole trader, form a partnership with...