Running Your Business as a Sole Trader
Photo by Sean Pollock on Unsplash Can two people work together to run a business as a sole trader? This may be a question you’ve thought about or prepared to consult. In this issue, we will answer whether it is feasible to operate a sole trader in a joint...
Import VAT for Small Business
We detailed HMRC’s move of customs declarations to the new customs IT platform in a previous article. At that time, the previous customs system (CHIEF) will be replaced. Click here to view the original text In this article, we will focus on providing small and...
Tips of Hiring Your Family Members
Recently, our client, Ms Wang, stumbled upon us and asked us what to look out for when hiring family members. Maybe you’ve thought about the same thing, since hiring a family member might be a good idea after all. Family ties may increase trust and...
How Sole Traders Choose Pension Savings
As of now, more and more people tend to start their own companies or start their own businesses or take the form of individual employment. As the self-employment market grows, people are gradually leaving their workplaces. This means that there are no longer...
Beware of ‘careless mistakes’
Penalties for careless mistakes in tax returns? Recently, some departments have calculated the 2021/22 year HMRC fines for taxpayers in tax returns. The 80% penalty for “careless mistakes” by taxpayers has nearly tripled by 40,000 from the previous year....Recent Posts
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