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There are several reasons why opening a business bank account and keeping your business and personal finances separate is a good idea for a sole trader.| ByteStart
If you are setting up a limited company for the first time, here is an overview of how corporation tax works, including details on the 2023 tax hike.| ByteStart
VAT is something that many new business owners overlook. Many assume that it doesn’t apply to them – surely it’s just for the bigger businesses out there?| ByteStart
Everything you need to know about setting up a limited company in the UK. Make sure you read this guide before you start the formation process.| ByteStart
If you start a business as a sole trader, you need to set up an accounting system to record your income and expenses, and work out how much tax to pay.| ByteStart
One of the first tasks you will have when starting up your business will be to decide whether to set up a new limited company, or become self-employed.| ByteStart
Small business accounting software has changed massively in recent years. Thankfully, the advent of cloud computing has consigned the days of buying| ByteStart
If you're self-employed or a company director, you must file a yearly tax return. If you make errors, miss the deadline, or withhold any information, HMRC| ByteStart
If you’re new to self-employment, setting up as a sole trader is the easiest way to go. The registration process is simple, there’s almost no paperwork involved, and you don’t have to pay any registration fees.| ByteStart
With the complexity of the VAT laws it's understandable that businesses make mistakes on their VAT returns. However, these mistakes can be very costly| ByteStart
Registering as a sole trader is easy and inexpensive to do, but being self employed is not all sunshine and rainbows. Here are 15 things you should know about setting up a business as on your own.| ByteStart
If you're starting up, do you need a separate bank account for your new business? The answer depends mainly upon the type of business structure you choose to work under.| ByteStart
We look at the UK tax rules for the self employed so you can nail your tax return like a pro. We cover income tax and NICs for 2024/5.| ByteStart
How National Insurance works for small businesses - Class 1 for limited companies, and Class 2 & 4 if you're a sole trader or member of a partnership.| ByteStart
Find out how much tax you pay as a sole trader - in terms of income tax and Class 2/4 NICs on your business profits.| ByteStart
Once you decide to become self employed, you can start trading right away. Here we explain how to register your new business with HMRC.| ByteStart
We have set up a partnership with Tide, which is trusted by over 500,000 businesses. Find out how to open a free business account. Plus get £50 cashback.| ByteStart
Business Account FAQs| Tide Business