Understand HMRC’s requirements when it comes to keeping accounting records, include how long to keep your tax records and how.
Ready to DIY your self-employed accounting? Learn how to do your own accounts when you’re self-employed using a spreadsheet with this example.
See examples of how national insurance is calculated, learn about the different NIC classes and find the NI thresholds for 2023.
Find out how to calculate class 4 national insurance, the tax-free thresholds available and the Class 4 NIC rates for the 2023-24 tax year.
Any self-employed person who runs their own business knows that balancing everything from marketing to accounting is a great deal to manage. However, the workload of crunching numbers almost becomes a doddle when you enlist the help from accounting software. While you’re focusing on the day-to-day business tasks, accounting software for sole traders can save …
Find out how to chase unpaid invoices and get email templates you can send to your clients if you’re not getting paid for work you’ve done.
11 ways to manage your finances as a solopreneur, whether you’re in your first or tenth year of self-employment.
Understand national insurance credits and how they keep your NIC record up to date to protect your ability to claim state benefits.
Whether you’re new to the world of invoicing or an established business owner who needs to brush up on your skills, it can take a while to get invoicing right. While there are various ways to send an invoice, being professional is key to best practice. In addition, when you understand how to send an …
If you’re struggling to keep track of all your invoices, then maybe it’s time you switched to using an invoicing management system to help you get organised. Most invoicing software offers easy solutions for tracking all sales, projects or billable hours and collecting payments so you can get paid on time. Before deciding on which …