What is a sole trader? A small business guide
WEBBeing in business on your own, if you don’t set up a limited company at Companies House to run your business through, then by definition, you’re a sole trader. When you’re a sole trader, you are self-employed, and legally, you and your business are one and the same. We’ll explore what that means in a bit more detail shortly.
The 6 best VOIP providers for small businesses
WEBUnlimited calling (with desk phone): £15.50 per user per month. Targeted at startups and growing businesses, bOnline is the VoIP system that claims to give small businesses enterprise-level communication services at an affordable cost. Starting from £7 per user per month, it’s certainly one of the cheapest UK VoIP providers.
150 UK small business grants to apply for right now
WEBThe maximum grant available is £1,500. The grant will require applicants to provide 50% of costs in match funding. All applicants will be required to provide a business plan/summary and a 12-month cash flow forecast. For further details and to request an application form, please email [email protected].
How to become a sole trader - Small Business UK
WEBThe first step to becoming a sole trader is to choose a name. Make sure you have chosen a name that’s not being used by any other business. If you do then they could stop you using it. With this in mind, it is worth considering registering your name as a trade mark to prevent other people from using it. You can trade under your own name, or ...
A small business guide to self employment
WEBMar 14, 2024 · To become a sole trader, you must register using the government portal within three months of founding your business. Technically speaking, you don’t need to register as a sole trader unless the income you earn from self-employment is more than the tax-free allowance, which currently stands at £1,000. For example, if you’re in full-time ...
Getting and setting up a business domain name - Small Business UK
WEBYour first and best option is to go with a different domain extension. Let’s say bettybakes.co.uk is taken – you can opt for bettybakes.uk or bettybakes.net. Alternatively, try a variation of your desired domain name. For example, bettybakes.co.uk can become bettysbakery.co.uk. Just remember that it must be easy to recall and difficult to ...
Best UK small business accounting software – review guide
WEBJan 11, 2024 · Today, Clear Books provides clear and simple cloud accounting and payroll software to thousands of small businesses in the UK. Pros: Cons: Pricing: Small business: £6.50 per month for first three months then £13 a month. Medium business: £14 per monthfor first three months then £28 a month.
What is the definition of a sole trader and being self-employed
WEBApr 10, 2024 · A sole-trader is a self-employed person, but they are the sole owner of their business. Within three months of becoming self-employed you need to inform HMRC so they can ensure that you do your self-assessment. Company directors are not self-employed. Many directors are employees of their company and will be paid as employees in the normal way.
How to start a freelance career in the UK – a beginner’s guide
WEBFind out what your potential client is seeking to achieve from the project in question. Tailor your CV to demonstrate how you can add value to the project. Always detail the measurable outcomes of your previous work and how they have benefitted your employers. Recall your learnings from previous jobs.
How to challenge your business rates - Small Business UK
WEBThe VOA is held to account through the Check Challenge Appeal process and cases lodged should be managed to strict deadlines, although the VOA is currently very behind and has a backlog of Check Challenge Appeal requests. Neither the VOA or a local authority will approach a business to check or reduce their business rates liabilities.
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