What is a Sole Trader?

What is a sole trader? Setting yourself up as a sole trader will mean you are self-employed and will run your own business. You are responsible for any losses your business makes but you also have total control over your business and its profits once you’ve paid tax...

Do I need an Accountant?

Being self-employed and running a business can be stressful. Keeping your books up to date and taxes in order even more so. If you’re self-employed or working as a Freelancer or Contractor,  you may be sceptical about spending money on an accountant, but it could free...

Tax for the Self Employed

AN INTRODUCTION TO THE TAX SYSTEM FOR THE SELF EMPLOYED Horner Downey can advise self employed people on all aspects of tax – here is an overview of some of the main things to consider. REGISTERING WITH HM REVENUE & CUSTOMS (HMRC) If you start working for...