Sole Trader or Limited Company – Which is Best for You?
If you are the only owner of your business, then you have a choice to make between running it as a sole trader or a limited company. Setting up a business as a sole trader is the simplest and most popular form of business within the UK. Your business is entirely owned by you and…
The Importance of Keeping Good Records and Receipts
For many small businesses bookkeeping can be an unwelcome distraction from their core work. PBH Accounting explains why it’s vital and the best way to keep those books up-to-date. We know it can seem hard to do, but little and often is best. We suggest a couple of hours a week to update a record…
Tax Relief: The Best Methods if your are Self-Employed and Work from Home
Did you know if you are self-employed and work from home there are two options for working out your tax relief? We explain both, so you can choose the best one for you. The good news is you are able to claim tax relief for business use of your home, the only question is whether…