This guide covers the key differences between being a sole trader and self-employed. Learn what counts as self-employment, how to register, and your business responsibilities. Entering the world of self-employment can seem daunting, but understanding the basics can...
Discover how directors can maximise the £300 trivial benefits allowance. Learn the rules, eligible perks, and how to enjoy tax-free rewards. As a company director, did you know there’s a smart way to reward yourself without triggering tax liabilities? The £300 trivial...
Explore our comprehensive guide for security professionals on setting up a limited company. Discover the benefits and step-by-step instructions, and see how Whittaker & Co. can assist you. For many security professionals, operating as a limited company offers a...
Discover how the VAT Flat Rate Scheme can simplify your VAT returns. Learn about eligibility, benefits, and how it works for small businesses in our easy-to-read guide. The VAT Flat Rate Scheme is a simplified way for small businesses to handle VAT. The scheme...
Learn how to claim Seafarers Earnings Deduction (SED), including setting up your self-assessment record and understanding qualifying days. Claiming Seafarers’ Earnings Deduction can significantly reduce your tax liability if you qualify. Below, we break down the...
