If you became self employed during the previous tax year, make sure you register for Self Assessment by 5th October to avoid HMRC penalties. What happens if you miss this deadline?| 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
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
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
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
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
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