Latest Accountancy News
Preparing for the end of furlough
The government's furlough programme has kept many firms' solvent during a period of national turmoil. It must, however, depart at some point, and that day is rapidly approaching. Many businesses will need to prepare when the furlough begins to wind down in July and...
Grants and Funds for Medway Businesses
You may be eligible for financial assistance if your business has been affected by government limitations imposed to manage coronavirus (COVID-19). Employers and the self-employed, including sole traders and limited company directors, can get help. Whether your firm...
Sole Trader or Limited Company? What’s best for me?
When starting your own business, you must decide whether to register as a sole trader or form a limited company through which you can deliver your services. It's a question that virtually all of the 4.5 million people in the UK who work for themselves asked themselves...
What is a Sole Trader Business?
Sole trader definition A sole trader is a self-employed individual who owns their whole business and is not legally separated from it. Unlike persons who work through their own limited company, which is legally separate from its owners, it's commonly claimed that you...
How to Become a Sole Trader
Thinking of becoming a sole trader? Fantastic. Working this manner not only gives you more flexibility and allows you to take complete control of your career, but it's also the simplest method to start offering your services as a self-employed individual. We cover all...
Simple guide to the March 2021 Budget for small businesses
On March 3rd, 2021, Chancellor Rishi Sunak delivered his second Budget after a historic year in which the UK Gross Domestic Product fell by roughly 10%. The following are the highlights of the Budget that affect small company owners and self-employed people. ...