Blog Posts

Small Business

Search and browse our online articles and tools to help you start and run your small business. Includes advice and guidance on choosing a business structure, registering a business, paying tax and what records and documents you need to keep.

UK Tax Rates, Thresholds and Allowances for the Self-Employed

UK Tax Rates, Thresholds and Allowances for the Self-Employed

Read our guide to the current UK tax rates and thresholds affecting sole traders, limited companies, partners and partnerships, employers, and...

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Taking Time Off When You’re Self-Employed

Taking Time Off When You’re Self-Employed

Being self-employed will often mean you’re tempted to grab any opportunity for work when it comes in, but this can make...

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What is a Letter of Intent When Selling a Business?

What is a Letter of Intent When Selling a Business?

A letter of intent sets out everyone’s intentions regarding the transfer of a business, so there’s a good chance you’ll come...

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How Do I Pay Myself From My Own Business?

How Do I Pay Myself From My Own Business?

If you run your own business then it's very likely that you'll want to pay yourself at some point! The way...

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What Type of Legal Structure Should I Choose When I Start a Business?

What Type of Legal Structure Should I Choose When I Start a Business?

The structure you choose when you start a business affects how the business operates, the amount of tax you pay, how...

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Side Hustle Ideas

Side Hustle Ideas

Side hustles are everywhere these days – it feels like almost everyone has one. If you’re thinking it might be your...

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What Responsibilities Do Directors Have in a Limited Company?

What Responsibilities Do Directors Have in a Limited Company?

The directors in a limited company are normally responsible for managing and running the business. As a company director you might...

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The Financial Reporting Standard: What is FRS 105?

The Financial Reporting Standard: What is FRS 105?

Our frequently asked accounting and bookkeeping questions blog series is designed to make running your business as simple and stress-free as...

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Does My Small Business Need to Sell on TikTok?

Does My Small Business Need to Sell on TikTok?

It can be hard to keep up with new trends when it comes to advertising your business – especially on social...

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How Do I Turn My Business into a Franchise?

How Do I Turn My Business into a Franchise?

If you’ve spent time, effort and money building up a successful business, the idea of letting another business operate under your...

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How Do I Work Out the Value of My Business?

How Do I Work Out the Value of My Business?

Knowing what your business is worth at any one time can be incredibly useful, helping you understand how to add more...

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What Am I Allowed To Do In Business If I’m Made Bankrupt?

What Am I Allowed To Do In Business If I’m Made Bankrupt?

Bankruptcy is a traumatic event which can have significant implications for the future, particularly if you run a business. We explain...

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