Theatre Tax Relief lets production companies claim 45% on touring and 40% on non-touring core expenditure, including a direct cash repayment from HMRC if the
Orchestra Tax Relief gives UK companies a 45% credit on qualifying core expenditure for live orchestral concerts — but you must submit the Additional Information
MTD stands for Making Tax Digital. And as of things stand, you’ll need to prepare for MTD for income tax sooner or later. It’s a
Entrepreneurs’ Relief was renamed Business Asset Disposal Relief (BADR) in 2020 — the rate is now 18% for disposals made on or after 6 April
A social enterprise is a business that trades for a social or environmental purpose and reinvests most of its profits back into that mission. The
As a sole trader you must keep records for at least 5 years after your Self Assessment deadline; as a limited company, at least 6
Incorporation is the name given to the creation of a corporate entity, or new limited company, that is separate from an individual (sole-trader). Key Takeaways
Changing from sole trader to limited company? It’s a big step, but if you’re already considering it, it might just be the right time for
As a self-employed or a freelancer, you can lower your tax bill by claiming self assessment expenses. These are the costs you pay to run
If your limited company is profitable, the way you take money out matters as much as how much you take: salary, dividends, and pension contributions
