No matter how successful your business has been with just you working in it, if you want to grow you'll need to employ people. There are a number of| ByteStart
Are you an employer that is being taken to the Employment Tribunal by an employee for alleged sexual harassment or racial discrimination or for unfair| ByteStart
When you are starting a business, sitting down and grappling with Health & Safety legislation isn't one of your top priorities. It's fair to say that| ByteStart
As a small business owner, your legal responsibilities when taking on staff can be somewhat daunting but with a little help you can soon get your head| ByteStart
Professional Indemnity (PI) insurance is an important consideration if you provide professional advice to clients via your own limited company.| ByteStart
Here is Bytestart's review of the main insurances that small businesses ‘must have’, cover you ‘should have’, and several ‘could have’ policies.| ByteStart
If you have set up in business via a limited company, there are a number of duties you will have - as well as legal and financial responsibilities - if| ByteStart
There are a number of different legal matters which need to be addressed before setting up a new business. Seeking good advice to help you through the| ByteStart
When you start a business as a sole trader or limited company director, you may need to file a tax return and pay personal tax under self-assessment.| ByteStart
If your business's "taxable supplies" over the past 12 months have exceeded the VAT registration threshold, you should register for VAT. From April 2024,| ByteStart
Savvy entrepreneurs seem to make more money, yet find perfectly legal ways to optimise their taxes. So what do they know, and do differently to cut their| ByteStart
Bootstrap marketing is what the web is all about—a way of promoting a business on a tight budget, maximising return on investment and minimising risk. You| ByteStart
Important decisions made in haste tend to have implications. And while you shouldn’t use that as an excuse not to get on and make your dream happen, there are five things you must research before you start your business.| ByteStart
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
A dormant company is a standard limited company that doesn't trade and has no accounting transactions. There are two main situations where owning a dormant limited company can be useful.| ByteStart
A good accountant will keep your books in order, help with tax planning, and will ensure that you meet all your tax deadlines. Here are some tips from the ByteStart team to help you choose the best accountant.| ByteStart
One of the most important decisions you make when you set up a new business is to decide whether to become self employed or form a limited company.| 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
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
To explain more about the tax advantages of a limited company, we asked a leading accountant to outline the tax-effective ways you can pay yourself via your own company.| ByteStart
Starting a pension to save for your retirement is relatively straightforward. Here’s what you need to know about setting up a pension when you’re a sole trader.| ByteStart
As a sole trader, you can deduct many business costs from your income and pay less tax. But what counts as a legitimate business expense? And how do you claim?| ByteStart
Which expenses you can claim via your limited company, and what to consider when deciding whether it's you or your business that should pay for something.| ByteStart
Alongside big upsides, being a sole trader also has downsides. So, depending on your goals and the nature of your business, a different structure might be a better choice.| 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
We look at what the Financial Services Compensation Scheme (FSCS) is and how it protects sole trader and limited company bank deposits.| 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
One of the most frustrating things you will come up against as a small business owner are bank charges. Unlike personal banking, where we are used to| ByteStart
This concise guide provides some practical tips for setting up the right business bank account and how to work out the real monthly cost.| ByteStart
There are several advantages to working via a limited company. Here we look at the benefits - including lower tax and limited liability.| 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
In this guide, we look at the taxes the self employed pay. We also look at some common mistakes to avoid when it comes to dealing with HMRC.| 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
How to set up and run a business partnership - including legal considerations, how to choose a name, register the partnership with HMRC and pay taxes.| 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