Open to access this content

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This course is for you if you are a sole trader who is wondering if you should go limited. Should you incorporate the business into a limited company? In short, it’s very much a personal decision dependent on your business intentions and financial situation, but this course covers the most crucial aspects you must consider.  

This course looks at when you need to register for VAT, how to register (and what information you need to give HMRC), and what you must do once your register. We also look at how to file your tax return (in FreeAgent, Xero, and QuickBooks) and whether it's worth your while to voluntarily register for VAT.

In this course, we'll cover what you can and cannot claim through your business as a sole trader (or freelancer), so you can rest easy at night knowing you have filed your tax return correctly. You'll also find yourself filing you filing your tax return a lot quicker too, as once you know you're doing something right you'll no longer procrastinate on it.

In this course, we'll cover what you can and cannot claim through your Limited Company so you can rest easy knowing you are acting responsibly as a Director. You'll also learn how you can be more tax-efficient whilst ensuring the business is financially resilient to withstand any financial storms. NB: If you are a sole trader please see our other course What expenses can I claim as a sole trader? This course is only relevant if you are thinking of going limited and want to know the differences.

"Without profit, the products and services couldn’t be provided, nor could workers be kept in employment.  WCF Hartley, An Introduction to Business Accounting for Managers, 2^nd edition, 1970

Only available to members of The Financial Resilience Hub.

Only available to members of The Financial Resilience Hub.

Only available to members of The Financial Resilience Hub.