Elizabeth Hughes

Posts by Elizabeth Hughes

A content writer specialising in business, finance, software, and beyond. I'm a wordsmith with a penchant for puns and making complex subjects accessible.

UK Tax Rates, Thresholds and Allowances for the Self-Employed

UK Tax Rates, Thresholds and Allowances for the Self-Employed

Read our guide to the current UK tax rates and thresholds affecting sole traders, limited companies, partners and partnerships, employers, and...

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Sick Pay for the Self-Employed

Sick Pay for the Self-Employed

Taking time off work for health reasons is worrying enough without adding financial pressure into the mix. Most people who work...

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Should I Register Myself as a Sole Trader or a Limited Company?

Should I Register Myself as a Sole Trader or a Limited Company?

When you decide to start your own business, one of the first big decisions most entrepreneurs face is deciding whether to...

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Selling Shares to Raise Funds in a Private Limited Company

Selling Shares to Raise Funds in a Private Limited Company

Limited companies sometimes sell shares as a way of raising funds for the business. Known as equity finance, one of the...

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Where Is My Employer Reference Number?

Where Is My Employer Reference Number?

An Employer Reference Number (ERN), also known as a PAYE reference or tax reference number, is a unique reference number which...

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Company Car Tax for Electric Cars

Company Car Tax for Electric Cars

It’s fairly common for employers to offer company cars to employees and directors, or for directors to take one through their...

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How Do I Register A Business Partnership?

How Do I Register A Business Partnership?

Like all business structures, general partnerships need to register with HMRC. Partnerships are a bit different to some businesses though, because...

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Christmas Parties, Staff Gifts, and Your Tax Bill

Christmas Parties, Staff Gifts, and Your Tax Bill

Christmas is an opportunity to take a bit of time out, but for those running businesses a Christmas party or gift...

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Submitting a Self Assessment Tax Return for Someone Who Has Died

Submitting a Self Assessment Tax Return for Someone Who Has Died

Sadly, the only two things in life you can be sure of are death and taxes. It’s not an easy subject...

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Can An Employer Claim Back Overpaid Wages?

Can An Employer Claim Back Overpaid Wages?

Overpaying wages can happen for all sorts of reasons, from data entry errors, to confusing overtime or holiday pay arrangements, or...

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What Happens If I Do Not Register for VAT Once I Exceed the Threshold?

What Happens If I Do Not Register for VAT Once I Exceed the...

A business must register for VAT once its taxable turnover reaches or goes higher than the VAT registration threshold of in...

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Carry Back Rules: Relief for Trading Losses on Corporation Tax and Income Tax

Carry Back Rules: Relief for Trading Losses on Corporation Tax and Income Tax

Every business wants to make a healthy profit and sail off into the sunset. But in reality, the sea can be...

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