Daily Archives: February 4, 2022

What’s the difference between a sole trader and a limited company?

If you are planning to set up a new business in the coming months, you will need to consider what kind of legal structure the business will follow. Whether it be running the business as a sole trader, or running it as a limited company, you will need to decide which option is right for…

What does super-deduction tax mean for my business?

If you are looking to invest in any plant and machinery assets for your business, you could benefit from claiming the super-deduction allowance (also known as the 130% allowance). Introduced by Chancellor of the Exchequer Rishi Sunak in 2021 to stimulate the economy following the peak of the Covid-19 pandemic, the 130% tax relief will…