COVID-19 Government Help For the Self-Employed

We did a live webinar on the 5th of April covering the COVID-19 Self-employment Income Support Scheme (you get 80% of your profits as a grant) and benefits such as Universal Credit available to the self-employed with actual examples. Please scroll down for the recording. You can downl
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Корона вирус – държавна помощ ако сте Самонает в Обединеното Кралство

Запис от Уебинара от 29 Март 2020 Ако искате да си запазите копие от презентацията моля попълнете данните си по долу. Кратко обобщение на извънредната помощ от която може да се възползвате в Англия. Ако сте се били селф-имплойд през 2018 -2019 потенциално се квалифицирате за безвъзмез
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Auto enrollment pension providers comparison

Many small employers will be need to choose a pension provider for auto enrollment very soon. In September 2016 we did a comprehensive analysis of all providers registered under the master trust assurance scheme. We chose to review only providers under the scheme as their control fram
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Class 2 NICs abolished – are you in danger of loosing your pension?

From 2018 Class 2 NICs will be abolished. This has impact on how you accrue qualifying years for state pensions if you are self employed and your earnings are below 5,965 per year. Whereas before you could pay voluntary class 2 NICs at 2.80 a week even if you had very low income
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3 rules that will keep you afloat and jump start your business

1. Cash is king As cliché as it sounds this is the first rule of business. Many a profitable businesses have gone bankrupt because they did not budget appropriately and did not manage their liquidity. The amount of effort you should put in budgeting depends on the size and complexity
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Business Ideas

They are generally two models you can use to get rich in business: 1. Become the next big thing by expressing your creativity, indomitable will to make things happen, extreme hard work and lots of luck 2. Pick a tried business model and work work work and get some decent return Most b
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Are you getting the best advice from your accountant?

As a contractor, you have an accountant, you pay your fees, you get your accounts… and that’s it. Or is it? This is a very short post about the telltale signs that you might not be getting the best advice from your accountant. The signs: You are getting paid the minimum sa
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Should independent bike retailers fear the BREXIT fallout?

If you follow cycle biz news as I do you may think that the BREXIT propaganda is still in full swing.Be it currency devaluation or full blown zombie apocalypse with the economy crashing and most of us losing jobs, it seems the future of cycle sales is not great. In this article I will
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Hobby vs Trade

Is it a trade or a hobby – working tax credits

There seems to be an increasing scrutiny lately by HMRC into working tax credits claimed by self employed people. The general mode of enquiry seems to be questioning if the income is so small as to allow claiming for working tax credit, is it actually a trade? Or a hobby, which will n
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Direct marketing fear

Let me state this upfront – I am no direct marketing expert. But it is such an important topic that I feel the need to share the little that I know with my clients. The below is mostly relevant for direct mail – good old letters through a post box. While many of the princi
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