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With the new Labour government now in place, many self-employed workers anxiously await changes that could impact them and their businesses. This week, the new Chancellor, Rachel Reeves, announced that the Autumn Budget 2024 will be delivered on October 30th, 2024. As the first Budget presented by a Labour Chancellor since 2010, there is considerable […]

Understanding the different methods of Directors Pay is crucial for maximizing earnings and effectively managing tax liabilities, both personally and for the company Salary: A salary is a routine payment provided by the company to a director and is the most prevalent form of compensation for directors. Advantages State pension years that qualify for it: Having […]

Starting a side business or going freelance full-time can be both thrilling and daunting. Before diving in, it’s crucial to stay compliant with the law by registering as self-employed with HMRC. Consulting an accountant for self employed can ensure you pay the correct amount of income tax and National Insurance Contributions, helping you avoid unnecessary […]