When Does A Hobby Become A Business For Tax Purposes?

When Does A Hobby Become A Business For Tax Purposes?

If you have a hobby that you enjoy and are good at, this can often be a great way to earn some extra money on the side. Maybe you sell things that you have made such as arts and crafts or cakes, or maybe you…

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What is a dormant company?

What is a dormant company?

A dormant company is a company that has been registered at Companies House but has not traded within the current financial year or received any other income such as investments. If the company has had no significant accounting transactions during the financial year it is…

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How To Open A UK Bank Account As A Non-UK Resident

How To Open A UK Bank Account As A Non-UK Resident

If you do business in the UK but live and work overseas, you may find you need to open a UK bank account in addition to your usual resident account in your home country. This will make it easier to facilitate your business transactions overseas.…

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What Is A Tax Reference Number And Why Do I Need One?

What Is A Tax Reference Number And Why Do I Need One?

In the following guide we will explain what a tax reference number is, why you need one, and when to use it. What is a tax reference number? If you are employed or receive a pension in the UK you will have a tax reference…

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The Best Content Marketing Approach for a Fintech Company

The Best Content Marketing Approach for a Fintech Company

The era of digital marketing can be marked as an advent milestone in the history of marketing. The technological advancements of the digital sphere have not only made many tasks easy, but it has also inducted several platforms that have extended innovative technology to realms…

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How To Save On Taxes As A Freelancer – Explained

How To Save On Taxes As A Freelancer – Explained

  Being your own boss has its own set of advantages unlike anything else. The only problem is the tax mess you often find yourself in, often alone and without help. The benefit of being an employee is the employer is responsible for half of…

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5 Easy To Use Tools To Automate Your E-commerce Business

5 Easy To Use Tools To Automate Your E-commerce Business

All growing eCommerce business reach a point where they either have to evolve or suffer the consequences. The field in itself is full of fierce competition and those not trying to get ahead will inevitably get left behind in the dust. If you’re seeking to…

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5 Social Media Strategies You Can Use to Boost Your SEO

5 Social Media Strategies You Can Use to Boost Your SEO

In today’s time, social media and SEO are synced with each other and are the two main components of an effective strategy for digital marketing. Despite the confusion that might have arisen on the ability of these two components to work together there are certain…

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