We all agree that donating to a charity is good for everyone but did you know that there are tax-efficient benefits to donating? We take a look.
The Conservatives' 'National Living Wage' is not the same as the one proposed by the Living Wage Foundation. We look at the differences.
Unsure of the difference between cash-flow and capital? Business jargon can often be complicated, especially if you're just getting started. We've compiled a glossary of some often-used business and accounting terms and provided easy to understand definitions, with links to further info where appropriate.
Business mileage is an important – but often overlooked – expense for freelancers and contractors. In short, this is good news for you and your company.
Capital Gains Tax comes into play when you make a profit from selling something you own. The important point to remember is that the tax is calculated on the profit you make, and not the amount you sold it for. As the name suggests, it’s all about the gain! Here's a quick breakdown of what you need to know.
If you spend time working from home, then depending on the work you do, you might be able to claim expenses back for using your home as an office.
Darren Fell, CEO of Crunch, said: "We welcome the government's commitment to adopt the recommendations from the Taylor report. We would however, urge caution that any response does not introduce more red tape, or reduce the ability for entrepreneurs to employ people flexibly."
If you don’t file your return and pay any tax due on time, you’ll face fines – and there are potential extra penalties. We outline what you need to do.
When you join Crunch Chorus you’ll get access to free business guides, self-employed meetups, an invoice generator, late payment letter templates and more.