Setting up a limited (ltd) company in the UK is a popular choice for entrepreneurs and small business owners. It offers a range of benefits, including limited liability protection, tax efficiency, and a professional image. Here are the steps you…
Setting up a limited (ltd) company in the UK is a popular choice for entrepreneurs and small business owners. It offers a range of benefits, including limited liability protection, tax efficiency, and a professional image. Here are the steps you…
Accounting is a vital aspect of running a small business, ensuring financial stability and growth. However, for many small business owners, accounting can be overwhelming and confusing. In this comprehensive guide, we will break down the essentials of accounting for…
The Spring Budget 2023 brought forth a series of announcements that will have a significant impact on small businesses and the self-employed. As the economic landscape continues to evolve, it is crucial for entrepreneurs and individuals in these sectors to…
In an era of digital transformation, the UK government has introduced the Making Tax Digital (MTD) scheme to streamline tax processes for businesses. While MTD has been in place for VAT since 2019, expansion has long been planned to include…
The UK government’s Making Tax Digital (MTD) scheme is revolutionizing tax administration, and will expand to include income tax. (Making Tax Digital for VAT has been in place since April 2019.) For small business owners and sole traders, understanding the…