The Benefits of Operating as a Sole Trader

The Benefits of Operating as a Sole Trader

  In this episode of the “I Hate Numbers” podcast, we explore The Benefits of Operating as a Sole Trader for your business. While limited companies have their perks, operating as a sole trader can offer flexibility, autonomy, and ease of set-up....
The benefits of filing your tax return early

The benefits of filing your tax return early

    Filing taxes in the UK is a mandatory legal requirement for any individual, business or organization that meets certain criteria. While you may be tempted to put it off until the deadline, there are numerous benefits to filing your tax return early for...
The benefits of financial planning in business

The benefits of financial planning in business

The benefits of financial planning in business are many, but I would say that, wouldn’t I.  If you’re like most small business owners, you probably don’t think of financial planning as one of your top priorities. But did you know that financial...
Tax-free company benefits

Tax-free company benefits

Tax-free company benefits Today I’m going to talk about trivial benefits and Tax-free company benefits. Firstly, your business can pay your staff, and can pay yourself if you’re an employee of your company.  These are nice to have, no tax to pay, saves you...
Saving tax with company benefits

Saving tax with company benefits

Today’s topic is focused on one underused legitimate way of Saving tax with company benefits.  Pay yourself and save personal and company tax. And yes, it’s important as a business owner, you need to pay yourself.  The conventional route to pay yourself is...
Travel Expenses HMRC Allows: Powerful Ways to Claim More

Travel Expenses HMRC Allows: Powerful Ways to Claim More

When it comes to claiming business-related costs, understanding which travel expenses HMRC allows can save you time, stress, and money. In this guide, we break down what counts, what doesn’t, and how to handle claims correctly.  Understanding Travel Expenses  Travel...
How Single Directors Employment Allowance Claim Is Made

How Single Directors Employment Allowance Claim Is Made

How do single directors claim Employment Allowance?.  National Insurance costs are rising fast for employers. From 6 April 2025, the Employer’s National Insurance rate increased from 13.8% to 15%. At the same time, the secondary threshold fell from £9,100 to £5,000...
VAT for UK Businesses: Rates, Rules & How to Register

VAT for UK Businesses: Rates, Rules & How to Register

Understanding VAT for UK businesses is essential if you’re trading goods or services. From what counts as a taxable supply to when you need to register, VAT can seem like a maze, but it doesn’t have to be. In this guide, we’ll break down the types of VAT, the...