Going self-employed as a sole trader, or setting up your own limited company are the two most popular ways to start up a new business. However, there are significant differences between these two types of business structure which you can compare here.
Limited Company Help
If you own or work for a small limited company you can get life insurance cover without having to pay over the odds while also benefitting from tax relief. This is where relevant life insurance comes in.
One rule that is highly relevant to a limited company contractors in particular is the 24-month travel expenses rule. At a glance, it all seems pretty straightforward but when it comes to HMRC and allowable expenses, nothing is ever quite that simple.
Sending out invoices for the goods or services you provide is a key task for limited company owners. If your invoices lack certain details, this could cause a delay in receiving payment, possibly resulting in cash-flow problems.
Google AdWords is an online advertising platform used by companies of all sizes to promote their goods and services. A useful guide for small business owners to get started.