Sole Trader

The self-assessment tax return for 2019/20 must be filed by midnight on 31 January 2021.     

In the current economic climate, many people are looking for ways to increase household income.     

The deadline for filing your 2019/20 tax return is fast approaching, as is the due date for the first payment on account for 2020/21.

The Self Employment Income Support Scheme (SEISS) provided help the self-employed whose businesses were adversely affected by Coronavirus. 

Regardless of the business structure (for example limited company or sole trader) it is possible to employ family members.

Small businesses struggling due to the coronavirus pandemic should be able to apply for a quick and easy-to-access loan of up to £50,000, with no interest charged or repayments needed in the first 12 months.     

Rishi Sunak's Winter Economy Plan.

The SEISS Grant Extension provides critical support to the self-employed. 

The decision of how and when to cease a business is usually prompted by a combination of three main factors - market conditions, market forces, and life changes. 

The Covid-19 pandemic has meant that many people will suffer a reduction in income in 2020/21.