Category: Self Employed

Being a sole trader means you can start trading immediately, keep all your post-tax profits, and run your business with minimal admin: no Companies House

Deciding if an accountant is worth the investment usually comes down to two factors: the complexity of your income and the value of your time.

Artist resale rights pay you a royalty whenever one of your original works is resold for £1,000 or more through a gallery, dealer or auction house. Rates run from 4% down to 0.25% on a cumulative scale, capped at £12,500 per sale, and you collect through DACS or ACS rather than invoicing the trade yourself. The money is taxable income but sits outside the scope of VAT, and the right keeps paying your heirs for 70 years after your death.

If you’re starting a small business, one of your first choices is whether to operate as a sole trader vs limited company. Key Takeaways 1.

Specialist accountants for makers understand a maker’s reality and catch the deductions and reliefs a generalist routinely misses. Key Takeaways Looking for accountants who get

Specialist accounting for photographers helps you save and earn more money in the long-term thanks to sector-specific tax knowledge, and not just by filing your

Specialist accountants for musicians read royalty statements, touring costs and foreign income fluently, where a generalist firm asks you to explain them. Key Takeaways Want

Specialist accountants for authors & writers who work only with creatives checks the tax reliefs as standard, so the value often outweighs the fee for

When freelancing becomes your main income or you hit a trigger point (e.g. the £90,000 VAT threshold or passing the £50,000 MTD threshold), you’re weighing

Hiring an accountant for influencers is not a legal requirement. But once your creator income passes roughly £40,000–£50,000 a year the tax saved and time freed