How to choose the best sole trader business bank account
There are several reasons why opening a business bank account and keeping your business and personal finances separate is a good idea for a sole trader.
Do you have to register with Companies House if you’re a sole trader?
Companies House is the UK's registrar of companies and the government agency responsible for incorporating and dissolving limited companies. If you're setting up as a sole trader (i.e. self employed), do you have to register your business too?
Can you claim any household expenses if you run a business from home?
As more people choose to work from home, small business owners and startups frequently ask if they can reclaim any home office expenses.
Top driver for becoming self employed is the desire to “be my own boss.”
The biggest motivator for people to go it alone is the desire to be their own boss. We look at why now - in 2024 - is a great time to start a new business.
The final chapter – how to close a limited company tax-efficiently
A company liquidation expert explains how to close a limited company with the best outcome for both the business and its shareholders.
Self assessment – who needs to fill in a tax return, and when is it due?
When you start a business as a sole trader or limited company director, you may need to file a tax return and pay personal tax under self-assessment.
Online platforms must provide HMRC with sales reports on ‘side hustle’ businesses
If you make some extra money via a 'side hustle' - by selling online - you should be aware that digital platforms now share information about sellers with HMRC. You might need to pay tax on any profits you make - but it depends!
10 expert tips for choosing the perfect name for your new business
Here are some business naming tips from the Bytestart team based on our twenty years of experience working with small firms.
Why you must fire your worst clients – and how to do it
Bad clients can be a negative influence on your small business for a number of reasons. In fact, you might be better off without them altogether. So, how do you get rid of them?
79% of women self-fund their start-up businesses
A new report by Small Business Britain highlights some major obstacles female entrepreneurs face, including access to funding and a lack of financial skills and confidence. The report, Female Entrepreneurship:…