Sole Trader A sole trader is a business owned and run by a single individual responsible for all aspects of the business and making all the decisions. They are also personally liable for any debts...

If you are a new business owner, you might fall into the trap of not understanding the importance of cash flow management and only focusing on the sales figure. Reasons of why you need to focus...

We have a client who is a Freelance web developer. He has lots of IT gears and the whole Apple ecosystem. He bought an Apple watch and did not claim it through the business as he thought it was...

COVID-19 Support for Businesses COVID-19 support has continued in the Chancellor budget, such as extending the furlough scheme (CJRS) to 30 September 2021. Sole-traders will claim a fourth SEISS...

PM Boris Johnson has announced a full lockdown restriction similar to March 2020 after a sharp increase in coronavirus daily cases.  Rishi Sunak unveiled fresh support for struggling UK sectors...

Job Retention Scheme Business support available under the extended scheme, furloughed employees will receive 80% of their current salary for time not worked, up to £2,500 per month. Businesses...

Chancellor Rishi Sunak unveiled yesterday a recovery economic budget yesterday, putting forward a “Plan for Jobs” worth up to £30bn, this was described as “second phase of covid19 economic support”. Since...