Many sole traders I work with either over-record expenses they never claim, or under-claim because the sums feel too complicated. HMRC's simplified expenses fix this by letting you use fixed rates instead of calculating actual costs — yet a surprising number of self-employed people have never used them.

#WordPress #SoleTrader #Tax #HMRC #SmallBusiness

https://wpguy.uk/blog/how-sole-traders-can-cut-tax-admin-using-hmrc-flat-rate-expense-claims/

Having a Chinese takeaway meal as a treat, paid for by my first earnings as a self-employed person.

Life is Sweet and Sour
#SoleTrader

Raefr IO is live!

Raefr IO is an independent software practice, run as a sole trader in the UK by Nestor Rivers.

No layers, no handoffs, just direct, accountable work focused on building reliable systems.

See the newly launched website at raefr-io.com

#SoleTrader #IndieDev #SoftwareEngineering #WebDevelopment #UKDev #BuildInPublic #FreelanceLife #DjangoDev

If you’re making more than £15,500 a year, the corporate tax rates will save you more money than paying personal tax, meaning that you’ll save more money as a limited company.

Read more 👉 https://lttr.ai/AJhJ6

#CompanyFormation #Entrepreneurs #SoleTrader

A lot of sole traders work from their own homes and may think that they don’t need additional building or contents insurance. This isn't necessarily true.

Read more 👉 https://lttr.ai/AJc6U

#BusinessStartUp #Insurance #SoleTrader

Changing from a sole trader to a limited company is a big step and can mean a lot more growth for your company.

Read the full article: The Full Guide To Changing From A Sole Trader To A Limited Company
▸ https://lttr.ai/AIxwb

#SmallBusiness #LimitedCompany #SoleTrader

If you're a #smallbusiness #selfemployed #soletrader #marketstall etc you may be interested in white label #coffee for your #smallbiz check out https://roastinghouse.co.uk/coffee/white_label/

Get your #branding into people's home. 25 and 50 bag options available.

Making a large claim can be a daunting process. Loss Recovery insurance can help you navigate the process and get the coverage you deserve.

💼 Call us now on 020 3883 7976 to learn more about how it can benefit your sole trader business.

#soletrader #lossrecovery