The latest from Duncan
Do I Need a Business Bank Account?
A business bank account is a smart way to keep your finances organised and separate from your personal money. Whether you’re self-employed, in a business partnership or run a limited…
UK Energy Crisis Explained: What Does it Mean for Your Business?
The UK energy crisis has had a domino effect across the sector, and businesses are in no way immune. Find out what caused the crisis, and what support the government…
Sole Trader vs Limited Company: Making the Right Choice
The legal status you choose for your business has major implications for tax, earnings and even survivability. Should you be a sole trader or a limited company – and how…
How Does the Energy Price Cap Work?
The energy price cap is set by energy regulator Ofgem. It doesn’t cap bills but instead limits how much energy providers can charge consumers for the units of energy they…
11 Tips to Save Money on Business Energy
Energy prices are rising and your business may be feeling the pinch. Below, we look at ways to save money on your business energy bills, ranging from short-term switches to…
29 Ways to Make Money Online and Offline
Make money with a side gig and learn how long it will take to see the extra income, whether it’s freelancing online, driving passengers or selling your stuff.
Energy Bill Relief and Energy Bills Discount Schemes: How Did They Work?
The Energy Bill Relief Scheme was introduced to provide businesses with a level of protection from rising energy costs over the winter of 2022/23. It was replaced by the Energy…
Tax Brackets, Tax Rates, Tax Bands and Tax Allowances
The UK has two main rates of income tax: 20% and 40%. We explain these different income tax brackets and the allowances you may be eligible for.
How do Limited Company Business Loans Work?
Limited company loans offer a way for businesses to potentially get the funds they need to take their business to the next level. Loans between directors and their business are…
What is Universal Credit and How Can I Apply?
Universal credit is a means-tested benefit for people without an income or on a low income. Read on to learn who is eligible, how much the payment will be and…
What is a Trust and Why Set One Up?
Trusts can be a useful way to reduce inheritance tax, but they can also protect your assets so they are passed to the people you care about in the way…
Estate Planning: What to Consider
Estate planning helps you to arrange how to leave your money, property and possessions to your loved ones when you die. From writing a will to minimising inheritance tax, here…
Your Guide to Business Tax in the UK
For sole traders and limited companies alike, knowing what business tax you have to pay, and when, is crucial. Find out everything you need to know about UK business tax…
What is a Dividend? Tax and Yields Explained
When a company periodically rewards their shareholders with a cash payout, those are known as dividends.
What Self-Employed Taxpayers Should Know About the SA100 Self-Assessment Tax Form
The SA100 form is filled in by those who are self-employed or have more complex finances and need to report their income to HM Revenue & Customs (HMRC) and calculate…