sole traders

What are the Types of Self-Employed in the UK?

What are the Types of Self-Employed in the UK?

When an individual chooses to work for themselves instead of working for a specific employer, they are associated with self-employment. The prime reason for individuals to become self-employed is because it offers them greater autonomy and power in terms of finances, decision-making, task execution, and working hours than a conventional job can provide. In this […]

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All is Not Lost!

All is Not Lost!

Individuals (e.g., sole traders or company owners) often lend money to their business to help fund its day-to-day operations. Unfortunately, some businesses ultimately fail. Consequently, the loan may become irrecoverable, resulting in it being written off. Relief is At Hand…Or is It? A crumb of comfort is that the individual may be able to claim

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