Common Questions

Running a limited company, whether as a freelancer, solopreneur, or with a small family team, offers flexibility and tax advantages. Here's how you can optimise your finances:

If you are an employee and you personally incur expenses in carrying out your job, you may be able to claim tax relief for those expenses.

Running a family business is a team effort, you're the heart and soul of the operation. But when it comes to paying yourself, things can get confusing faster than a toddler with a box of crayons.

Starting a business is exciting, but it can also come with a mountain of pre-launch expenses.

This is a special VAT rule where the customer pays the VAT instead of the business.

Just starting your own business? Great decision! As a new freelancer or sole trader, you might be wondering if you can claim tax relief for training courses.

Here's a breakdown of income tax rates and allowances for residents across the UK:

The recent National Insurance Contribution (NIC) cuts offer some relief for freelancers, but the picture isn't entirely rosy.

Companies House is raising its fees starting May 1st, 2024.

A comprehensive guide to navigating the ISA vs pension debate for freelancers and the self-employed. Remember, knowledge is power, and informed financial decisions can lead to a secure and fulfilling future.