Knowledge

An award-winning selection of great tools, business guides, and articles to help you make your business a success.

How to claim the fifth Self-Employment Income Support Scheme (SEISS) grant, image of someone wiping a table | Crunch
Personal finance

HMRC will allow you to apply for the fifth and final COVID-19 Self-Employed Income Support Scheme grant (SEISS) in July 2021.

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Business guides 

From understanding expenses to starting a limited company, we’ve a range of jargon-free business guides for you to download and keep.

Free tools and resources 

Work out your take-home pay, chase unpaid invoices, and so much more. Make running your business a complete breeze!

Online accounting 

Check out our accounting packages for sole traders and limited companies, along with our amazing free bookkeeping software.

Free community for the self-employed 

Join Crunch Chorus - our very own self-employed community - and network with like-minded self-employed people.

Some members of the Crunch team | Crunch
News and opinion

Crunch nominated for gongs including Accounting Tech of the Year and Best Customer Service at the UK FinTech Awards / Brighton & Hove Business Awards.

People at a Crunch meetup
News and opinion

Starting or running a business, and need tips? Want to network with fellow self-employed workers? Find out what events are coming up.

Self-Employment Income Support Scheme - guide for the self-employed | Crunch
Get paid

We've put together this guide to help you make a claim on the government's Self-Employment Income Support Scheme aimed at sole traders and partnerships.

Coronavirus Job Retention Scheme - Guide For Employers, image of a closed sign | Crunch
Get paid

There have been a number of important changes to the Coronavirus Job Retention Scheme (CJSR Furlough). Our guide explains what's changing and how to claim.

Toblerone
Running a business

Here are six important lessons from Alan Partridge for small businesses - some funny, some tragic. Oooh, it's a good list...

Capital Allowances, Annual Investment Allowance, and the Super-Deduction
Tax

Businesses can buy items of “plant and machinery” and offset some of that expenditure against their profits. Ltd companies can also claim a super-deduction.

The Crunch Personal Tax Estimator, image of a pencil and calculator | Crunch
Tax

Crunch's Personal Tax Estimator will help you work out the tax you may have to pay on your personal income, including sole trade income, salary & dividends.

Who determines your IR35 status and who pays employment taxes, image of a women writing at a desk | Crunch
Tax

Following changes introduced by HMRC in 2021, responsibility for determining your IR35 status is mostly, the same for both the private & public sectors.

What is the COVID-19 Recovery Loan Scheme and who can claim?
Running a business

The COVID-19 Recovery Loan Scheme (RLS) officially launched on 6th April 2021, to support businesses as they recover from the disruption caused by COVID-19.

Getting your contracting business ready for IR35 in the private sector, image of British currency | Crunch
IR35

The government introduced major changes to IR35 in April 2021. What do contractors and businesses need to do to ensure they're meeting the new rules?

Personal and business tax changes for new tax year, image of paper money | Crunch
Tax

A round up of the tax changes that may affect small businesses and business owners for the new tax year that starts on 6th April 2021.

IR35 and hiring a freelancer, contractor, or worker
IR35

Hiring a third party could open you up to tax and legal pitfalls surrounding their employment status – are they a subcontractor or an employee? We explain.

VAT registration and reporting explained, image of a man working out tax on a calculator | Crunch
Tax

Although the ins & outs may be tricky to grasp for first-timers, the sooner you get your head around the HMRC VAT system the sooner you can benefit from it.

What business expenses can I claim as a Limited Company?, image of a stationery kit | Crunch
Expenses

There are often limited company business expenses that go unclaimed, which means you could end up paying more tax than you need to.

What business expenses can I claim as a Sole Trader?, image of a stack of papers | Crunch
Expenses

As a sole trader, your business will naturally incur running costs. The good news is that many of these running costs can be claimed as business expenses,

New tax year new you - Crunch - image of fireworks
Tax

Want to make this tax year the most profitable yet? Our top financial resolutions and guidance will set you on the course to success.

A florist turning their hobby into a career
Becoming self-employed

"If there's always biscuits in the tin, where’s the fun in biscuits?" Find out if the decision to turn your hobby into a career is the right one for you.

What do recruiters need to know about IR35? - Image of two recruiters with a contract
IR35

IR35 changes were introduced on 6th April 2021 will have a significant impact on recruiters, both at employment agencies or in-house. Get your free guide.

How the upcoming Making Tax Digital changes affect your business
Running a business

Updates to the government's Making Tax Digital scheme are coming to VAT, Income Tax, and Corporation Tax over the next few years.

Get ready for end of tax year (5th April 2021) & new tax year, image of a calculator | Crunch
Tax

We’re fast approaching the end of the tax year on 5th April 2019. Let's take a look at what you’ll need to know.

Employment law

Can your business claim the £4,000 Employment Allowance towards your NI Bill? Get all the details on eligibility, how much you can claim, and how to claim.

Woman hiring a room
Tax

If you’re planning to rent out a room in your home, you’ll need to know how the tax system works, and how it affects you. Here's a jargon-free lowdown.

File you Self Assessment early - Crunch - image of hands and a calculator
Tax

Filing early will mean you avoid the mid-January dread felt by many freelancers & contractors, and enjoy a well-earned worry-free rest over the holidays.

Expenses

To claim tax relief on your mobile phone or landline expenses, a contract needs to be set up between your limited company and the service provider.

Am I a UK Tax Resident - Crunch - image of a man on a plane
Tax

Getting your UK tax status wrong could mean that your worldwide income is subject to UK tax. Find out how to get it right with this jargon-free article.

Tax rates, thresholds, and allowances, image of a pound coin | Crunch
Tax

There are many different tax rates in the UK affecting both individuals and businesses - we've pulled them all together so you can keep on top of them.

Changing from sole trader to limited company, image of people sticking notes on a cork board | Crunch
Limited company

Think you're ready to move from a sole trader to a limited company structure? Here’s a simple explanation of when to make the transition and what you’ll need to keep in mind, without all the jargon.

Tax

Corporation Tax is the tax levied on the profits of limited companies. But what are the benefits of paying this tax early?

Scottish Income Tax Rates, image of Scottish money | Crunch
Tax

We explain the tax rates that apply for the 2020/21 tax year, affecting income taxpayers resident in Scotland and how to see if you're affected.

Woman typing at laptop
Tax

Disaggregation is when business owners try to avoid charging VAT by splitting a business to ensure each operates under the VAT registration threshold.

British pound coins
Tax

What's the most tax-efficient salary to take as a company director? Here are the benefits of taking a high or a low salary, without the jargon.

Dividends - What Are They and What Taxes Do I Pay on Them? Image of someone working on a tablet | Crunch
Tax

Dividends are payments made to company shareholders from company profits after corporation tax. If you run a ltd company they can be really tax-efficient.

Tax

If you pay for something for your business with your own money don't forget to claim it back as a business expense, we show you how.

Chrunch's guide to the March 2021 Budget for small business owners and the self-employed
Tax

Here is Crunch's small business friendly highlights from the the Chancellors March 2021 Budget  affecting small business owners and the self-employed.

What help is available for small businesses, gig workers, and the self-employed affected by coronavirus (COVID-19)?, image of a globe with a mask | Crunch
Running a business

The government has announced financial measures to support businesses through the Covid-19 emergency. There's support for certain employees, businesses and self-employed.

A row of colourful houses in London
Tax

In 2017, the government introduced two new annual tax allowances: one for trading income (sole trade), and one for income from a property business.

People working in a modern office
Tax

What is National Insurance and do the self-employed have to pay it? This article explains it all as simply as possible.

Freelancing on the side, image of a woman doing taxes | Crunch
Tax

Here's how to make sure you're paying the right amount of tax when deciding to freelance on the side, and how to stay in HMRC's good books!|Here's how to make sure you're paying the right amount of tax when deciding to freelance on the side, and how to stay in HMRC's good books!

Can I make pension contributions through my limited company?
Expenses

Pension contributions are one of the few remaining tax breaks available to limited companies. It makes sense to take advantage of this tax break.

Personal finance

Whatever your business situation, there are significant tax reliefs for pension contributions available. So you can pay less tax and save for your future!

Business mileage rates – who can claim and how much does HMRC allow? Image of a driver on a dark night | Crunch
Tax

When you’re self-employed, or director of your own limited company, it can be confusing to know how to claim back business mileage. We've got you covered.

What are the main advantages of a limited company - Crunch - image of a man drinking coffee at a laptop
Limited company

Many take the sole trader route when starting a business, but there are huge benefits and advantage associated with setting up a limited company.

What is Child Benefit - Crunch. Image of a happy child with a skateboard.
Tax

Child Benefit is a benefit payable to someone responsible for a child under the age of 16, or 20 if they’re in full time education. There are a few things to be aware of which we’ll take a look at in this article.

IR35: Why contractors should have business insurance, image of someone signing insurance terms
IR35

Although changes to IR35 have been delayed until April 2021, contractors working through a personal service company still need to have business insurance.

Woman reading letter while she drinks coffee
Tax

Failure to file a Confirmation Statement is a criminal offence, which can result in directors being fined personally in criminal courts. Here's what to do.

Sleeping on the job: Is there any clarity about pay? Image of a sleeping dog | Crunch
Employment law

To examine the latest position on whether you should be paid for sleeping at work, we'll look at the most important, and recent, tribunal cases.

Taxation of company cars and vans - how much will you pay?, image of company car park | Crunch
Tax

Some businesses include a company car as part of the overall remuneration package for their employees. However, HMRC considers the private use of a company car to be a Benefit in Kind and is, therefore, taxed as part of the employee’s overall income from employment.

Opening a business bank account, image of woman on phone and laptop | Crunch
Running a business

It’s essential to make sure that you keep your personal and business banking separate, so you’ll usually need a dedicated business bank account.

Crunch Free - Simple Online Bookkeeping
Tax

Freelancer, contractor, or small business owner looking to reduce outgoings and increase productivity? There’s a new solution - Crunch Free!

Managing your accounts and tax as a self-employed dentist, hygienist, or dental therapist - Crunch - image of a dentist
Tax

We’ve put together this comprehensive, jargon-free guide to help you understand how best to set up as self-employed, and how to act tax-efficiently.

Uber Car
News and opinion

In 2021, the Supreme Court ruled that Uber drivers were workers, not self-employed. But what does this ruling mean, and how did we get here?

Crunch
Tax

This article will cover exactly what a director’s loan is, the HMRC rules, and your tax obligations. So you'll avoid any problems or unexpected tax bills.

Self Assessment: What happens if I miss the deadline?, image of coins on a table | Crunch
Tax

If you don’t file your Self Assessment and pay any tax due by 31st January deadline you’ll face fines – and potential extra penalties. Here's all the info.

How to reduce your Corporation Tax
Tax

Lowering your Corporation Tax just takes diligence, a bit of knowledge of the tax system, and a few minutes every month making sure everything is recorded.

Man using a phone and laptop | Crunch
Becoming self-employed

Finding work as a freelancer can be tricky. But there's good work on offer if you know where to look - here are a few of our favourite freelance job sites.

Should I have a company car, van or motorcycle?, image of open van | Crunch
Expenses

Businesses can benefit from a company car, van or motorcycle. Having a mode of company transport can be invaluable for small businesses.

National Living wage and National Minimum Wage - Crunch - image of british coins
Running a business

The Conservatives' 'National Living Wage' is not the same as the one proposed by the Living Wage Foundation. We look at the differences.

Coffee
News and opinion

How and why do so many freelancers end up turning into obsessed coffee lovers? What is it about coffee that suits the self-employed life? We take a look.

What is a P11d - Crunch. Image of a woman on a laptop
Tax

Confused by P11D forms? Unsure whether you need to file one? Want to avoid the common mistakes? Read our articles and you'll be an expert in no time.

What is Self Assessment? How to complete your Self Assessment, image of someone typing their Self Assessment | Crunch
Tax

New to contracting or freelancing? Struggling with filing your first Self Assessment? Our quick guide goes over the basics of what you should do.

Running your UK limited company or sole trader business when you’re not resident in the UK
Running a business

If you live outside of the UK but run a UK-based limited company, there are certain rules you’ll need to be aware of to effectively run your business.

Tax-Free Childcare for the self-employed, image of kids at school | Crunch
Tax

What is the Tax-Free Childcare scheme? How does it work, and how do you apply for it? Read on for everything you need to know about the new scheme.

Do I have to complete a Self Assessment tax return?, image of a woman reviewing notes with a dog | Crunch
Tax

A Self Assessment tax return is one of the most significant tax documents you’ll be dealing with when you’re self-employed. Here's what you need to know.

Running a business

How long does trademarking a company last? How much does it cost? What's the difference between trademarking a company & registering one? All this and more.

Limited company

A locum doctor can provide work under a variety of different guises, including as a limited company. We take a look at the pros and cons.

Small Business Taxes - Crunch - image of business workers
Tax

A quick explanation of each of the small business taxes you’re expected to pay as a freelancer, contractor, or small business owner.

Get paid

We’ve all done it, yet most freelancers will have regretted it at some stage. Here's a few who have had enough of being asked to work for free.

Crunch - What is a sole trader? Crunch - photo of a lady using a laptop
Becoming self-employed

A sole trader is someone who runs their own business as an individual, and is self-employed. Find out more about how it works in this jargon-free article!

Personal finance

Professional Indemnity insurance should be considered by any self-employed worker who is providing design, advice or specifications.

What is VAT MOSS and does it affect me?
Tax

The VAT Mini One Stop Shop (VAT MOSS) scheme is a way of paying VAT if your UK business provides certain digital services to customers in the EU.

15 attributes every business owner should have - Crunch
Becoming self-employed

In no particular order, here are 15 personality traits that, when properly harnessed, can lead you to business success!

How to come up with a great company name, image of someone thinking | Crunch
Becoming self-employed

To make naming your business or company just a little easier, here are some simple, quick methods for coming up with a company name.

Contracts

In our first article for Locums we looked at the crucial element of employment ‘status’ - how you know what status you have?

What is Employers’ Liability Insurance? What cover is required? Image of hazard cone | Crunch
Employment law

Employers’ Liability Insurance often provokes many questions, not least whether or not you actually need it. We answer the most commonly asked questions.

Gifts from UK small businesses in 2020
Running a business

Struggling for present ideas this Christmas? We asked members of our Community to share some ideas so you can support a small business this December!

Is my contract inside our outside IR5 - Crunch - image of a man looking at papers
IR35

If HMRC decide your contract is inside IR35, it can be a costly and time consuming. We look at the best ways to ensure you're not caught out.

How to start a business what do you need to know? Image of someone working at a desk | Crunch
Becoming self-employed

If you're looking to start a business here are all the I’s you'll have to dot, and all the T’s you'll have to cross to give you the best chance of success.|If you're looking to start a business here are all the I’s you'll have to dot, and all the T’s you'll have to cross to give you the best chance of success.

Has your contractor insurance really got you covered?, image of someone on a laptop | Crunch
Running a business

This handy checklist will help you understand what to look out for when arranging insurance cover as a contractor.

10 ways to stress-test your small business idea, image of a woman thinking | Crunch
Becoming self-employed

It's important to stress-test your small business idea for fatal flaws before you become self-employed. Here at 10 ways to stress-test your idea.

Locum Doctors – what is your employment status? Image of doctor listening to a patient
Employment law

For Locum doctors, it's important to know whether you are employee, a worker, or someone who is self-employed? We explore the differences.

Crunch Free - the perfect replacement for Wave Accountingin the UK
News and opinion

Wave Accounting is removing access to its free accounting software in the UK, but there’s an even better replacement for the UK’s self-employed heroes.

What is VAT reverse charge in the construction sector?, image of construction workers discussing plans | Crunch
Tax

If you’re in the Construction Industry Scheme (CIS) and VAT registered, HMRC are changing how you account for VAT from 1st October 2019.

A warning cone
Running a business

Public Liability Insurance won’t cover you retrospectively, so you should have it in place as soon as you start to interact with members of the public.

Care Workers - what are your rights at work? Image of woman playing chess with an elderly man | Crunch
Employment law

Lesley of the HR Kiosk provides advice for care workers who are unsure of their rights. Have an employment question? Leave a comment.|Lesley of the HR Kiosk provides advice for care workers who are unsure of their rights. Have an employment question? Leave a comment.|Lesley of the HR Kiosk provides advice for care workers who are unsure of their rights. Have an employment question? Leave a comment.

Open banking is coming to Crunch - Image of someone banking online
News and opinion

Upload bank transactions in a flash with Crunch's simple and secure Open Banking feeds, with established links with several of the UK's biggest banks.

Can I claim a Christmas party as a business expense?
Expenses

If you're a director of a limited company, you can claim up to £150 as a business expense for a Christmas party. There are some strict rules, though.

Small Business Survival Checklist, image of a struggling businessperson in a cashflow emergency | Crunch
Running a business

A handy, jargon-free checklist to prepare you for when times take a turn for the worse.

Finance Bill may affect the self-employed. Image of a freelancer doing her taxes
Running a business

The Coronavirus Business Bounce Back Scheme is designed to provide quick access to cash . We've put together this guide to help you make a claim

How to find your gap in the market
Becoming self-employed

Looking to find your gap in the self-employed market? Here's how do you identify your niche among the self-employed community and stress-test your idea.

Immigration Guide - How can employers recruit people from outside the UK from 1 January 2021, image of people at the airport | Crunch
Employment law

From 1 January 2021, all non-British/Irish nationals will require a valid immigration status/visa to live, work, and study in the UK.

Ultimate Business Tips - Crunch - image from a Crunch Chorus networking event in Brighton
Running a business

Our ultimate business tips guide covers everything from which hand to hold your drink, to the secret tricks that the most successful people swear by.

What is bookkeeping and why does it matter - Crunch - picture of man doing some bookkeeping
Get paid

Bookkeeping is the art of recording your financial information so that you can keep track of your incomings and outgoings. It can be a delicate process, but once you've mastered it, you'll have full control of your finances.

Get paid

The government have announced the Job Support Scheme to protect viable jobs in businesses who face lower demand over the winter months due to COVID-19.

Chancellor increases financial support for businesses and workers
Get paid

Further expansion of the Job Support Scheme to cover businesses that remain open, as well as support for the self-employed during the COVID-19 pandemic.

Crunch
Get paid

You've pitched, landed the job, delivered your work...and now it's time to get your money. But how do you do that? Luckily, help is at hand! We give you the lowdown on what your invoice should include as well as links to handy free templates and software.

Man doing his taxes on his phone
News and opinion

With Snap, our new receipt scanning app all you have to do is take and upload a photo of the receipt or invoice for an expense.|With Snap, our new receipt scanning app all you have to do is take and upload a photo of the receipt or invoice for an expense.

Business guides

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