A business tax reference number is an identification number used by HM Revenue and Customs (HMRC) to connect a person or business with a particular tax record. In most cases, […]
Tax & Accounting
What Are Typical Accountancy Costs for a UK Business?
Accountancy costs for a UK small business can range from around £150 for a straightforward Self Assessment tax return to more than £3,000 a year for ongoing bookkeeping, payroll, VAT […]
Business - How To Start - Startup
How To Start A Consulting Business In The UK?
Starting a consulting business in the UK is relatively straightforward, but building a profitable consultancy requires more than simply registering a business. You need a clear area of expertise, a […]
Startup - Startup News
Do I Need Business Insurance as a Sole Trader in the UK?
Running a business as a sole trader is straightforward, but it also carries personal financial responsibility. Unlike a limited company, a sole trader and the business are legally treated as […]
Startup News
How Much Is QuickBooks for Self-Employed in the UK?
QuickBooks for self-employed people in the UK costs £10 plus VAT per month for the standard Sole Trader Plus plan. This means a non-VAT-registered sole trader normally pays £12 per […]
Business - Business Plan - Startup
How To Register as a Sole Trader With HMRC in 2026?
To register as a sole trader with HMRC, you normally register for Self Assessment. Registration is generally required if your gross income from self-employment is more than £1,000 during a […]
Business - Business Plan
How to Register as Self Employed in 2026: Deadlines, UTR and Tax Rules
To register as self employed in the UK, you normally need to sign up for Self Assessment with HMRC if your gross trading income exceeds £1,000 in a tax year. […]