Advice and Ideas for UK Small Businesses and SMEs
Articles and news on Self Employed topics from the Small Business archive.
Advice
Mart Abramov, CEO of TaxScouts, shares the positives and negatives of being a sole trader or a limited company, so you can make the best choice for your growing business.
Small Business Insurance
We'll be looking at what types of insurance you need as a dog walker, along with common extras and exclusions
Setting up a company
What is dropshipping, what are the advantages and how do you start a dropshipping business?
Sole trader
Business formation is one of the biggest decisions you'll make when starting out. Here are seven key advantages of being a sole trader
Sole trader
One third of self-employed struggling with daily living expenses, especially as energy is a major cost for small businesses
Sole trader
Changes in the way the self-employed must report tax mean sole traders could face having to pay an additional £3,000 in tax. Becoming a limited company could reduce your tax bill, says Marcin Durlak
Tax
Employers who wrongly classify self-employed as being outside IR35 will have to cover their PAYE and National Insurance, says HMRC, meaning tens of thousands of freelancers could avoid paying any tax at all
Sole trader
IR35 taxation changes, Brexit and Covid-19 blamed for choking off rise in self-employment
Tax
This is despite Making Tax Digital for income tax being rolled out to 2.4m people in 2024, many of whom are unaware of what's happening
Sole trader
Becoming self-employed could mean less income, more responsibility and working longer hours. But freedom and independence cannot be underestimated, says Margaret Wood
News
Treasury bows to pressure and delays rolling out Making Tax Digital to self-employed sole traders to April 2024
Sole trader
Getting on the wrong side of the taxman can be extremely unpleasant and costly. Simon Thomas offers 5 tips to help you stay out of trouble
Business Loans
Everything you need to know on what small business loans are and what types of loan are available for your business.
Business Technology
To run an optimal business, you must have optimal tech. We explain why you must upgrade your business technology on a regular basis
Investing in a franchise
Starting a new business is an exciting venture. But – especially in well-established industry sectors – a key question is whether it would be better to buy a franchise or go solo.