This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. To find out more click here.
What is IR35?
by Calum Morrison
Knowledge
A selection of great tools, business guides and articles to help make your business a success
Managing your money
Everyone wants to make sure they're bringing home as much of their pay as they can - whether you need money-management tips to tax guidance, we can help.
Showing 1 - 15 of 256 articles
Business expenses
by Calum Morrison and Laura Hughes
Self Assessment
by Calum Morrison and Nick Chowdrey
Do I have to complete a Self Assessment tax return?
A Self Assessment tax return is one of the most significant tax documents you’ll be dealing with when you’re self-employed.
What business expenses can I claim as a Limited Company?
There are often limited company business expenses that go unclaimed, which means you could end up paying more tax than you need to.
What expenses can I claim as a Sole Trader?
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,
What is a Personal Allowance?
Personal Allowance is the amount you’re allowed to earn in a given tax year (tax years run from 6th April and 5th April) before you start paying Income Tax.
Limited company freelancers: How to claim business expenses you paid for personally
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.
How long should company records be retained for?
A limited company director must keep company records, as well as financial and accounting records. You must keep these records for six years.
Everything you need to know about kill fees
There are several clauses you need to include in contract negotiations, including a kill fee. We take a look at what they are and what you need to know.
Self-employed won’t get National Insurance cut says Chancellor
Self-employed workers were dealt another blow after Chancellor Philip Hammond ditched plans to abolish Class 2 National Insurance on 5th September 2018.
Can a limited company contractor be in scope of the Agency Workers Regulations?
Although many commentators believe that the AWR were not intended to apply to ‘professionals’ with their own limited companies it is certainly possible.
Advisory Fuel Rates – What is the VAT element of business mileage on Standard Rate
Using these advisory fuel rates, you can calculate what percentage of the business mileage rate applies to fuel and calculate the VAT on that element.
What are Tax Credits and how can they help my limited company?
Tax credits are an incentive for people to remain in low-waged employment instead of seeking similar benefits in unemployment.
What is the Supervision, Direction, or Control test and how does it affect travel and subsistence expenses?
If you work through a personal service company, then you need to understand how Supervision, Direction, or Control affects travel and subsistence expenses.
How do I claim expenses for business telephone calls (and the phone itself)?
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.
Tax-free allowances on property and trading income
In 2017, the government introduced two new annual tax allowances: one for trading income (sole trade), and one for income from a property business.
Managing your accounts as a freelance musician
Whether you have an accountant or are taking on the books yourself, it's important to be organised, especially if you're planning on making expense claims.
Tools and resources
We've collated a selection of free tools and resources for you to help make running your business a breeze. With everything from software to templates you can work out your take home pay, chase that unpaid invoice and calculate your IR35.
We can help you every step of the way
Join Crunch Chorus
The UK’s leading free micro-business community
50,739 members and counting…
Stay up-to-date with the latest news affecting small businesses, join us at events and network with like-minded people. Access a full range of guides, help articles and videos plus free tools and resources and discounts on Crunch services and products.