Blog

Is It Cheaper to Be a Sole Trader or Limited Company?

Is It Cheaper to Be a Sole Trader or Limited Company?

Factors such as how much you earn, and the industry you operate in are all at play when considering what type...

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The Different Types of VAT Accounting Schemes

The Different Types of VAT Accounting Schemes

If you need to register for VAT you might assume there’s only one way to manage it, but there are actually...

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June 2026 Client of the Month: Sealgard Security Ltd

June 2026 Client of the Month: Sealgard Security Ltd

This month we spoke to Sal, Director of Sealgard Security Ltd. Sealgard Security Hey Sal! Tell us about your business Sealgard...

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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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Does a Sole Trader Need to Register for VAT?

Does a Sole Trader Need to Register for VAT?

The requirement to register for VAT depends on how much money your business makes in any 12 month period, rather than...

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What Happens if a Director or Shareholder Dies?

What Happens if a Director or Shareholder Dies?

If you’re planning to start a business, it’s really important to ensure you cover everything, including all the potential what-ifs. Some...

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Can I Use the Trading Allowance?

Can I Use the Trading Allowance?

You can use the trading allowance even if you receive an income from other sources, such as an employer. For example,...

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Employed or Self-Employed; Which is Better?

Employed or Self-Employed; Which is Better?

Being your own boss is hard work, but it can also be extremely rewarding. That being said, running a business isn’t...

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The Accountancy Partnership – Our Positive Reviews

The Accountancy Partnership – Our Positive Reviews

We’re proud of our customers' reviews here at The Accountancy Partnership The reviews we receive from our customers show how hard...

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Does a Sole Trader Need to Register with Companies House?

Does a Sole Trader Need to Register with Companies House?

The quick answer is no; sole traders don’t register with Companies House in order to become self-employed. In this short article...

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Who Pays the Bill if HMRC Make a Mistake?

Who Pays the Bill if HMRC Make a Mistake?

Whether you’re a sole trader, limited company, or you co-ordinate the payroll, even the smallest mistake can have big consequences with...

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Can I Take On An Employee Without a P45?

Can I Take On An Employee Without a P45?

The short answer is yes, you can take on an employee who doesn’t have a P45, but you’ll need to ask...

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