What is a sole trader? A small business guide
WEBBeing in business on your own, if you don’t set up a limited company at Companies House to run your business through, then by definition, you’re a sole trader. When you’re a sole trader, you are self-employed, and legally, you and your business are one and the same. We’ll explore what that means in a bit more detail shortly.
Best UK small business accounting software – review guide
WEBJan 11, 2024 · Today, Clear Books provides clear and simple cloud accounting and payroll software to thousands of small businesses in the UK. Pros: Cons: Pricing: Small business: £6.50 per month for first three months then £13 a month. Medium business: £14 per monthfor first three months then £28 a month.
How to start a freelance career in the UK – a beginner’s guide
WEBFind out what your potential client is seeking to achieve from the project in question. Tailor your CV to demonstrate how you can add value to the project. Always detail the measurable outcomes of your previous work and how they have benefitted your employers. Recall your learnings from previous jobs.
The 6 best VOIP providers for small businesses
WEBUnlimited calling (with desk phone): £15.50 per user per month. Targeted at startups and growing businesses, bOnline is the VoIP system that claims to give small businesses enterprise-level communication services at an affordable cost. Starting from £7 per user per month, it’s certainly one of the cheapest UK VoIP providers.
What are business rates? A guide for small businesses
WEBBusiness rates are one of the UK’s oldest taxes; its origins can be traced back to the Poor Law of 1601. Business rates can be roughly defined as the tax paid for the occupation of a non-domestic property. They approximately correspond to 50 per cent of the annual rent of the property. Business rates are based on a specific value, known as ...
Pros and cons of employee ownership trusts (EOTs)
WEBTax-free bonuses for employees. Companies co-owned by EOTs are also able to pay tax-free cash bonuses to their employees of up to £3,600 per employee per year. Higher staff retention – and attracting staff. If staff have a greater personal investment in the business, they’ll stick around for longer.
Starting a Business Advice - Small Business UK
WEBSmallBusiness.co.uk provides advice and useful guides to UK sole traders and small businesses. Our goal is to help owner managers and entrepreneurs to start, run, grow and succeed in business, helping turn your business idea into a profitable business.
What coronavirus business support is available from the …
WEBCoronavirus Business Interruption Loan Scheme (CBILS) Offers access to loans of up to £5m. 80 per cent of the loan is guaranteed by the government. Government pays interest and any fees for the first 12 months. Available for businesses with annual turnover of up to £45m. Deadline: March 31 2021.
7 advantages of being a sole trader - Small Business UK
WEBIPSE’s director of policy, Andy Chamberlain, told Small Business: “If you operate as a sole trader, it’s a bit more straightforward than a limited company.You work and get paid as an individual – which is the way most freelancers work. You still have to pay tax on your profits but there are fewer compliance burdens than those that work via a limited company.
UK Small Business Events and Exhibitions Calendar
WEBMay 2, 2024 · Brief: An event for small and medium sized businesses across the Tyneside, Wearside and Northumberland areas. It is free to attend as a delegate and you will get the chance to meet and network with over 150 Exhibitors, plus attend any of the 16+ seminars. Event: Leicester Business Festival. Date: 6-17 November 2024.
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