Tax Needn’t Be Taxing:
Sole Trader Tax Help
Britain has the most complex tax system in the world, proving too much to handle for some self-employed individuals and entrepreneurs. Discover how to manage your sole trader tax right here!
Sole trader tax can be a tough nut to crack.
While businesses and corporations often find support from finance experts and in-house account management teams, those running their own single-person operations tend to be left to their own devices when it comes to tax.
The idea of UK tax investigations is likely to fill even the most cautious and financially responsible business owner with a sense of dread. The fact that HMRC could end up combing through all your facts and figures leaves you questioning every tax return you’ve ever...read more
Nearly 5 million self-employed individuals are working across the UK. That’s around 17% of the entire British working population. It’s a huge number, and one set to keep rising. According to SmalBusiness.co.uk, over 2.5 million Brits dream of starting their own small...read more
Self-employment is on the rise, and it has been for quite some time. Figures show that since 2001, we’ve seen more than a million new self-employed workers move over from traditional forms of employment. That puts the current UK’s working population at over 15%...read more
Looking for information on business tax rates for the 2019/2029 financial year? Finding other resources confusing and overcomplicated? RS Accountancy explains matters in simple terms. If you operate a small business, you will have to pay tax. How much tax you owe...read more
Taxation is a complicated process. There are many rules and regulations that apply, each with their selection of caveats, loopholes and ambiguities. Trying to understand all facets of tax is a job appropriate only for a financial expert. But that doesn’t mean you...read more
Updated for October 2019 Discover whether or not you have the budget for a new business loan with our business loan repayment calculator. Visualise the costs of borrowing and understand the true cost of your investment. When it comes to securing funding...read more
Self-employed sick pay is a sore subject for many small business owners, but there are ways to protect yourself. RS Accountancy explains the steps you can take. Those familiar with traditional employment in Britain will be aware of Statutory Sick Pay — or SSP. In...read more
Being self-employed can unlock a level of work satisfaction you never thought possible. Many people thrive with their newfound independence and go on to be massively successful. But the lives of the self-employed aren’t always plain sailing. There’s no guaranteed...read more
Are you considering establishing a new business entity but uncertain of which direction to take? In our content, we address the features of a public limited company, as well as the advantages and disadvantages of a PLC, all to help you decide if it’s the route you...read more
As we move into the new year, and towards the end of a financial one, you might be thinking of ways you can save on your tax bills. But are there any legitimate tax strategies that actually work to save cash? It doesn’t matter if you are a private individual or a...read more