Newly self-employed taxpayers should notify HMRC as soon as practicable when they begin working for themselves. However, HMRC must be officially notified by 5 October following the end of the tax year so that a Self-Assessment return can be issued on … Continue reading What are your responsibilities when going self-employed?
This month we are focusing on: Different Trading Vehicles to Consider for your business And this week are looking at: What are the different trading vehicles available? There is:- Dormant Company Limited Company Limited Liability Partnership Sole … Continue reading Terrific Tuesday Tax Tip – What are the different trading vehicles available?
This month we are focusing on: Different Trading Vehicles to Consider for your business And this week are looking at: What are the requirements for a sole trader at year-end? Becoming a sole trader is the simplest way to get your new business off … Continue reading Terrific Tuesday Tax Tip – What are the requirements for a sole trader at year-end?
With 500,000 businesses believed to change hands every year, you may be curious as to why? Avanti work with businesses across multiple sectors and see businesses change hands for many different reasons. The truth is, it is not always a failing … Continue reading Thinking Of Buying a Business – What Do You Need To Know?
If you're starting out in business, operating as a sole trader may be the ideal way for you to start and test the waters, without all of the red tape and statutory filing that comes with running a Limited Company. However a Limited Company will … Continue reading Top Tips For Sole Traders
It’s a pretty basic question: “What can I claim for when I work from home?” However, the answer is straightforward only when you recognise the variations in practice. The self-employed are subject to very different rules compared to employees, and … Continue reading Expenses Guidelines for Sole Traders & Partnerships