There are many reasons why you may eventually want to close down your limited company. Our short guide looks at a few different ways a limited company can be closed down depending on its financial circumstances at the time.
In April 2020, the government will introduce a new 2% tax on the revenues of online marketplaces, search engines and social media platforms which derive value from UK users.
A tax avoidance scheme is a system that is set up to increase take home pay by avoiding tax, whether that be via offshore loan schemes, trusts, or job boards. HMRC is cracking down on these schemes more than ever and targeting contractors for unpaid tax.
Businesses of all types, sizes and in all locations are at real risk of a cyber attack at any time. This could be due to security protection and strategies not evolving fast enough to defend against increasingly sophisticated cyber-attacks.
Are you considering a career change, looking to relocate for work opportunities or are simply after a change of scenery? We have created a list of the best UK cities to make your home as a contractor or freelancer.
The amount you can borrow and the way it’s calculated depends on the lender, your legal status (sole trader, limited company director or partnership) and your previous years’ accounts. Keep reading to find out everything you need to know about getting a mortgage as a self-employed worker.
Keeping accurate business records means you (or your accountant) have the correct information in regards to income, business expenses and more. Keeping good business records will mean you are able to file your tax returns correctly and pay the right amount of tax.
Contractors and freelancers working through a limited company can benefit greatly from taking initiative with their pensions. However, a recent report warns that freelancers are not saving enough for their retirement.
Over 93% of those required to file a 2017/18 self-assessment to HMRC did so by 11:59 pm on 31st January. However over 700,000 taxpayers missed the deadline. Here are the latest statistics on self-assessments and what to do if you missed the deadline.
HMRC has published a list of the strangest excuses for taxpayers not submitting their self-assessment tax returns on time. Remember, the deadline for filing is midnight on 31st January 2019.
