COVID19 support for public vs private sector workers
Amid pressures from the self-employed community to match the Job Retention Scheme support announced for employees, the UK government have announced that self-employed workers impacted by coronavirus will be eligible for UK Government grants worth up to 80% of their...Tax relief on professional fees and subscriptions
Did you know that you are allowed to claim tax relief on your annual professional fees or subscriptions to some HMRC approved professional organisations? The costs are tax-deductible generally where you must have a membership to do your job or it is helpful for your...How to reduce payments on account
Do you have a July payment on account to make soon? With the deadline fast approaching consider how you may be able to reduce it.
How long should you keep your business records for?
There are different rules for sole traders and limited companies on how long you need to keep your business records.
What should you consider when going self-employed?
It’s vital to remember that there is no sick pay, life insurance or pension scheme benefits if you are self-employed.