When you start a business, there are a variety of different business structures that you can choose. Below is a comparison of the different options. It has to be said that it is rare for a start up to proceed directly to plc Sole Trader/Proprietor Single person in business Who to tell/register with: Notify HMRC […]
Business
10 Great Apps for Consultants
This is a collection of apps and software that consultants, contractors and coaches might find useful in running their business. 1) Skedpal This is my current favourite task management / time management app. If you are a fan of “timeblocking” to get things done, you might find it useful, too. First, add all your tasks […]
Things You Can Do when your Business is Quiet
At the moment many businesses are in a state of hibernation. This means that you might have extra time on your hands like never before. (If you’re a furloughed director, you can only carry out statutory duties but if you are self-employed you can continue to work.) So… Make sure you have enough to survive: […]
Government Support for Company Directors affected by the Coronavirus
[Updated 16 April 2020] There have been various announcements for government help for business generally, the employed and the self-employed (which includes partnerships) Company directors do NOT qualify as “self employed” as they are office holders (unless they also have a separate self-employed trade, of course) Directors may be able to access the Coronavirus Job […]
Government Help for Self-Employed People affected by Coronavirus
The government has announced further help, this time for self-employed people (sole traders and partnerships) The government will make a taxable grant of 80% of your average trading profits, up to £2,500. This will be calculated on the average of your trading profits over the following tax years. 2016/17 2017/18 2018/19 You do not have […]
Information for Employers Affected by Coronavirus
[Last Updated 26 June 2020] Coronavirus Job Retention Scheme The Government has announced the Coronavirus Job Retention Scheme. Under this scheme, HMRC will reimburse your business 80% of furloughed employees wages up to a maximum of £2,500 per month. This is a temporary scheme that is currently in place from 1 March to 30 June […]