About Sole Trader:

A person who runs their own business and owns it as an individual is known as a sole trader. The business is run by one individual and an important point to get noted is that there is no legal distinct...

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January 08, 2021

For a company to be stable & financially sound, it needs to grow and be profitable, irrespective of it being a small company or large multinational. By having a team of skilled accountants improves the business processes, which is an important...

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January 06, 2021

Just submitting your self-assessment on time is not that important. You need to ensure that it is error-free of any unintentional mistakes. While there are penalties for not meeting the deadline when it comes to filing your self-a...

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December 21, 2020

HMRC has come up with great news for all the taxpayers as they are not going to charge daily penalties for late filing of 2018-19 tax returns because of coronavirus. Keeping the current situation in mind, HMRC took this decision to support taxpaye...

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December 18, 2020

The holiday spirit does indeed seem to be thin this year, even as business owners navigate haltingly through the ‘difficult winter’ that was predicted by the UK government thanks to the coronavirus pandemic. As the end of the year draw...

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December 14, 2020

The self-employed regularly require to file a self assessment tax return every year. Whether you are a sole trader or run a limited company. As a result of the current COVID-19 situation, many are finding they have extra free...

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October 19, 2020