Podcasts about sole trader

Are you moving to Ireland with an existing business, freelancing for the first time, or wondering if it's time to incorporate a limited company?In this episode, I'm joined by Paul Coffey of Coffey Accounts—one of our go-to referral partners for freelancers and small business owners starting out (or levelling up) in Ireland.Paul and I unpack the practical side of becoming a sole trader in Ireland, what's involved in setting up a limited company, and why choosing the right structure from the start can save you a world of hassle later. We also chat through common pitfalls, commercial realities (not just the tax stuff), and why sole tradership might make perfect sense—until it doesn't.If you're an expat or returning Irish passport holder thinking about working for yourself in Ireland, this episode will give you the clarity you need to take the next step. Part 2 coming soon, where we'll get into director salaries, pensions, and planning for long-term growth.Main Topics discussed in this Episode:Sole Trader vs Limited Company: Paul explains the core differences between running a business as a sole trader and incorporating a limited company in Ireland.Setting Up as a Sole Trader in Ireland: They walk through the practical process of registering as a sole trader, what paperwork is involved, and why Ireland is considered relatively straightforward for getting started.Commercial vs Tax Considerations: Beyond the tax implications, Paul highlights real-world reasons clients might need a company structure.When and Why to Transition from Sole Trader to Limited Company: How and when a growing business might benefit from incorporation.Planning Ahead: Shareholding, Spouses, and Long-Term Strategy: Stephanie and Paul talk about the importance of thinking beyond the first year—considering shareholding arrangements, family involvement in the business, and future tax reliefs when setting up a company from day one.Get in touch with Paul Coffey and mention the Podcast when you do!Email: paul@coffeyaccounts.iePhone: +353 086 074 0880LinkedIn: https://www.linkedin.com/in/paul-coffey-05081535/*****If you loved this episode or have a similar story, we'd love to hear from you! You can get in touch with us directly at info@expattaxes.ie or leave a rating and review on Apple Podcasts or Spotify.Taxbytes for Expats is brought to you by ExpatTaxes.ie. If you're considering moving to or from Ireland and would like support with your taxes, book a consultation today: https://expattaxes.ie/services-and-pricing/.Mentioned in this episode:Check out ExpatTaxes.ie to get your Tax sorted!

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>>  dentistswhoinvest.com/podcastreport———————————————————————Should you operate as a sole trader or through a limited company? For dental professionals, this decision can impact everything from tax bills to long-term wealth. In this essential episode, specialist dental accountant Amman Sarkaria breaks down the financial, legal, and practical implications of each structure — updated for the 2025 tax year.Amman walks us through real-world comparisons, including a £130,000 income example that shows how dentists could save up to £25,000 annually with the right limited company setup. Learn how to optimise your salary-dividend mix, make use of electric vehicle deductions, and even employ family members legally and effectively.But it's not just about tax perks—we explore NHS pension eligibility, IR35 risks, and whether a Ltd Co truly fits your career stage and lifestyle goals.Whether you're newly qualified or restructuring your business, this episode delivers the insight every UK dentist needs to make an informed, strategic decision.Listen now and maximise your tax efficiency this financial year.———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.Send us a text

Join Chris Targett for an engaging chat with Kate McTernan, the pioneering force behind Redditch Mortgage Advice, as they explore the vital steps Kate took to transform her role from a solo venture to the helm of a flourishing team of 12. This episode is a treasure trove for any mortgage adviser looking to boost their business through social media, offering a deep dive into the world of mortgage marketing and the power of social media for mortgage advisers.Kate delves into the pivotal role of admin support in lifting client service to new heights and provides a candid look at the current dynamics of the mortgage market. With her unique journey, she offers a wealth of advice on managing client expectations and navigating the complexities of business expansion. Additionally, Kate highlights the unexpected benefits of having a physical office space for enhancing team collaboration and underscores the invaluable interactions that face-to-face meetings bring to the mortgage advisory business.Further enriching the conversation, Kate reveals her successful strategies for lead generation for mortgage advisers and how seizing the right opportunities led to the unexpected expansion into a new office space. She gives insights into strategic growth, the nuances of hiring practices, and the indispensable tools that bolster her business's daily operations, such as WhatsApp and Google.This episode is not just about the stories of growth and success in the mortgage industry but also zeroes in on finding the perfect balance between scaling a business and maintaining profitability. It's packed with practical tips on effective communication and leveraging mortgage adviser social media to tap into a wider client base. Whether you're just starting out or looking to expand your mortgage advising venture, this conversation is filled with actionable insights to help you navigate the fast-evolving landscape of mortgage marketing.

Feeling uncertain about your business setup? In today's episode, we're tackling one of the biggest decisions for freelancers in the UK—should you be a sole trader or set up a limited company? I'm joined by Janet Knapton, a Chartered Accountant and expert in helping freelancers make smart, tax-efficient decisions. Janet breaks down the pros and cons of both structures, helping you decide which one is right for you and your business. You'll get clear, simple, and actionable steps to make this crucial decision, and tips on staying tax-efficient while focusing on what matters most: growing your business. For more resources, including links to Janet Knapton's website and social media, check out the episode page. If you found this helpful, make sure to listen to our next episode for more expert tips on managing your finances as a freelancer! If you liked this episode, discover the full series.#ad Listen to PensionBee's monthly podcast, The Pension Confident Podcast to better understand the world of personal finance and pensions: Connect with Emilie:Sign up to The Edit newsletterFollow Vestpod on InstagramEnroll in our upcoming bootcampsGet Emilie's book: You're Not Broke, You're Pre-Rich#ad Thank you to our partner PensionBee. With PensionBee you can combine, contribute and withdraw online. Take control of your pension, so that you can enjoy a happy retirement and join over 265,000 customers saving with PensionBee. When investing, your capital is at risk. Hosted on Acast. See acast.com/privacy for more information.

Can't pay your tax bill? Consider this. In this episode Dan reminds you of your options if you can't pay your tax bill. He chats about interest, penalties, debt collection …. all this and more on today's HeelanHub! www.heelanassociates.co.uk/podcast - the show for UK small business owners. info@heelanassociates.co.uk 02392 240040

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>>  dentistswhoinvest.com/podcastreport———————————————————————Join expert dental accountant Johnny Minford as we break down the pros and cons of operating as a limited company versus a sole trader in 2025. This episode dives into the often confusing world of tax decisions, uncovering key insights on potential tax savings and hidden costs that could affect your financial strategy. Whether you're an NHS dentist or a private practitioner, understanding the nuances of incorporation and consulting with an accountant can make all the difference in shaping your financial future.Discover the best tax strategies for limited companies, including tips on valuing goodwill, the timing of incorporation, and how to optimize profit extraction. We also discuss valuable opportunities for non-domiciled UK residents and the strategic use of voluntary liquidation for entrepreneurs' relief, ensuring you get the most out of your business structure.Looking ahead to 2025, we also explore how upcoming tax changes—such as the narrowing gap between income tax and capital gains tax rates—could impact your financial decisions. From pensions to long-term investments, understanding these shifts is crucial for securing your financial future. Tune in for expert insights that will empower you to make smarter tax and financial planning decisions in the dental industry.———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.Send us a text

Sole Trader or Limited Company—this is one of the most significant decisions you'll face as a business owner. Each option has its own advantages and challenges. However, understanding how these choices impact your business can save you from costly mistakes.The Sole Trader AdvantageA sole trader business is straightforward to set up. Because you and your business are legally the same entity, getting started is simple and affordable. Additionally, sole traders enjoy fewer reporting obligations and generally lower administrative costs. However, despite its simplicity, this structure comes with risks. For instance, your personal assets are at stake if financial or legal issues arise.Moreover, sole traders may struggle to attract investors or plan for substantial growth. For example, Emma, a fictional bakery owner, chose to run her business as a sole trader. Nevertheless, when faced with financial difficulties, she found her personal finances exposed.The Benefits of a Limited CompanyConversely, a limited company offers greater protection by separating your personal assets from your business. Consequently, your liability is limited to the company itself. For example, Ali, who launched a tech startup, opted for a limited company to protect his assets and prepare for future investment opportunities.Although forming a company requires more administrative work and compliance costs, it provides better opportunities for tax planning. Additionally, companies enjoy more credibility, which can positively influence how customers and suppliers perceive your business.Making the Right ChoiceWhen deciding between a sole trader or limited company, you must consider your goals, risk tolerance, and growth plans. Additionally, tax planning and administrative responsibilities play a crucial role. While starting as a sole trader might suit some, transitioning to a limited company can make sense as your business grows.Final ThoughtsSole Trader or Limited Company? The choice depends on your unique needs and ambitions. Before you decide, consult a professional for tailored advice. For more insights and guidance, listen to the I Hate Numbers podcast today!This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Choosing the right trade-based business structure is crucial for every Aussie trades person aiming to succeed in 2025. In this episode, we cover the ins and outs of starting as a sole trader, partnership, PTY LTD company, or trust. Learn how each structure affects taxes, liability, and the ease of expanding your business. If you're considering starting or restructuring your trade-based business, this guide will equip you with the knowledge to protect your assets and grow your venture effectively.Watch the video version of this podcast at https://youtu.be/8CDuj469fMYDiscussion Points: 00:00 Simplify content for universal understanding and communication.05:58 Easy entry, tax advantages, but unlimited liability.07:05 Start with unlimited liability; consider partnership later.12:10 Start honest talks early to avoid conflicts.13:34 Friends in business risk ruined friendships.18:20 Understand taxing implications of company withdrawals.20:14 Transitioning to new ABN requires extensive administrative work.25:42 Loss treatment differs for business structures.28:39 Trust benefits adult beneficiaries with low taxes.31:41 Confusing tax savings with cash savings explained.33:53 Consider restructuring after 130,000 profit threshold.37:07 Separate entities protect assets through strategic division.39:22 Understand write-offs to avoid being scammed.Resources:Visit Retinue's website at www.retinue.com.com.auGet in touch with David at david.rosenthal@retinue.com.au Welcome back to The Site Shed Podcast! If you're in the trades and wondering how to integrate AI into your business, Tradie Hub has you covered. Discover innovative ways to reduce labour costs, increase efficiency, and leverage AI for growth. Check out Tradie Hub at tradiehub.net and see how they're transforming the trade industry with cutting-edge AI solutions! Don't let your business fall behind—explore the power of AI with Tradie Hub. Visit tradiehub.net to see the innovative AI tools crafted just for tradies. Discover how you can stay ahead and transform your business with cutting-edge technology! Enjoyed the podcast? Take your trade business to the next level by incorporating AI! Don't get left behind—explore Tradie Hub at tradiehub.net. Discover game-changing AI solutions designed to boost efficiency and growth for trade businesses worldwide. Check it out today! Check this out: Guarantee 30 Qualified Project Quotes Over The Next 90 Days! Learn more here: https://tradie.wiki/pod Learn more about the CRM that DOES IT ALL for your trade business! Just click on this link: https://tradiehub.net Join a global community of 6000+ trade professionals https://www.facebook.com/groups/TheSiteShed Connect with me on LinkedIn. For more podcast episodes, you can also visit our website. Thank you for tuning in! If you enjoyed this podcast and this series, please take 5 to leave us a review: Google Facebook Podcast

In this episode of the Inner Sanctum, we talked about the T word! That's right, lovers. It was Tax and Relationships with your accountant and chat with Paris from Group One Accounting. You will often hear the team singing the praises of Paris. Not only is she an exceptional human, she's also an incredible Accountant! This chat covered Paris's journey into accounting. Some background into Samara and Paris' journey together. Then, we went deep into tax and all its variations. If you don't know your GST from your BAS or PAYG, this is the episode for you. We talk about sole traders transitioning to company status and the importance of financial discipline. And, of course, why is having a great relationship with your accountant so important?  00:00 Episode Summary02:56 Introducing Our Special Guest: Paris from Group 1 Accounting03:22 The Journey with Paris: Transforming Business Finances04:13 Navigating Financial Challenges and Trusting the Process05:48 The Importance of a Good Relationship with Your Accountant08:53 Personal Stories and Emotional Support15:29 Protecting Your Business and Personal Finances20:14 Simplifying Tax Concepts for Business Owners29:56 Understanding Superannuation30:34 Breaking Down BAS Payments32:49 Navigating PAYG Instalments34:49 The Importance of Accurate Financial Planning40:13 Director's Loans Explained43:34 Transitioning from Sole Trader to Company48:45 Effective Budgeting and Cash Flow Management58:11 Final Thoughts and Advicehttps://www.salonrising.com/Find out more and watch out for updates on socials @ -https://www.instagram.com/salonrising_/We also have a very special offer for all Salon Rising listeners! If you'd love to join the Kevin Murphy family for the first time, or if you are a Kevin Murphy OG, click the link below and jump on these amazing offers.https://ozdare.com/salonrisingAnd a huge thank you to our podcast sponsors:https://ozdare.com/https://kevinmurphy.com.au/au/en/km/

The gap between the rich and the rest of us appears to be growing every day.  And the property market? It's becoming more and more exclusive to those who already have the money to begin with. But here's the good news: by getting smart about your taxes, your investments, and how you structure your business, you can massively improve your financial position… perhaps enough so to start acquiring more property. On this week's podcast, Jeremy Iannuzzelli shares some top-notch advice for anyone thinking about jumping into property investing.  One of the key takeaways? It's not all about the tax benefits—think about the long-term value of what you're investing in. So, if you're serious about making the most of your money, whether it's in business or property, this episode is packed with insights that can help you get there faster and smarter.  If you love this episode, email us at podcast@dashdot.com.au, and don't forget to subscribe, rate, and share this podcast! See you on the inside!    In this episode, we cover: 00:00 Coming Up 05:16 Why Tracking Your Property Investment Numbers Is Key to Success 09:51 Smart Strategies and Tax Tips for Property Investors 14:49 How to Structure Your Property Purchases for Maximum Cash Flow and Borrowing Power 18:01 Boost Your Tax Benefits with the Right Mortgage Structure 23:37 What You Need to Know About Switching from Sole Trader to Company Structure 29:47 Top Tax Hacks for Property Investors    Connect With Us: Free Rentvesting Calculator (https://dashdot.com.au/rentvesting)  Subscribe on Youtube (https://www.youtube.com/@dashdotinsider)  Listen on Spotify (https://spoti.fi/3Np19x8) Dashdot Website (https://www.dashdot.com.au/) Ready to work with us directly? (https://dashdot.com.au/discovery) Get your Property Portfolio Growth Plan (https://dashdot.com.au/portfoliogrowthplan)   About the Guest: Jeremy Iannuzzelli, with over 12 years of experience in small to medium business enterprises, specializes in property investment. He creates effective tax structures for clients, aligning with their goals. Jeremy is also a seasoned property investor with a diverse portfolio. He mentors investors, helping them develop balanced strategies for acquiring and holding wealth, ensuring financial security into retirement. See omnystudio.com/listener for privacy information.

We're joined by Sue Reeve of Chamber member and bookkeeping and training services provider,  Windmill BTS. Our conversation centres around self assessment and expenses with lots of useful tips and advice for sole traders when doing self assessment and other ways to save money! Chamber members can access a 10% discount on Windmill BTS's Business Finance Academy. Learn more here: https://windmillbookkeepingandtrainingservices.com/business-finance-academy/ Click here to download Windmill BTS's free guide on how to retain more of your earnings:  https://my.windmillbts.co.uk/landing/how-to-retain-more-of-your-earnings  

قال المحاسب القانوني مدpت عطية إذا كان دخل التاجر الفردي Sole Trader أكثر من 75 ألف دولار أو أكثر فيجب عليك ان تدفع ضريبة السلع والخدمات GST.

For more questions/inquirues,  feel free to reach out Mike Bryan here: http://www.humph.co.uk———————————————————————You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>>  dentistswhoinvest.com/podcastreport———————————————————————Unlock the secrets to navigating the complex tax landscape for dentists with insights from Mike Bryan, a leading accountant specializing in dental practices. In this episode, we promise to demystify the advantages and pitfalls of operating as a limited company versus a sole trader, especially in light of recent tax changes. Mike takes us on a journey through the history of limited companies in dentistry, starting with the 2006 government decision that initially provided tax benefits, to the more recent changes in dividend and corporation tax that have shifted the financial advantages.Through real-life scenarios and practical advice, we explore how significant life events, such as purchasing a home or supporting a family, can influence your financial decisions as a dental professional. Discover when incorporation might be beneficial, like leveraging a lower-earning spouse or investing in electric vehicles and property. Learn the importance of regular financial reassessments and how increased private pension contributions could be a game-changer for sole traders. Tune in for a thoughtful discussion that underscores the dynamic nature of career trajectories and financial needs in the dental profession.Send us a Text Message.

This highlight was for all the Sole Trader babes in the hair and beauty industry. Samara and Jen caught up with past client Amy to chat about her Solo journey and how she's moved the needle. Amy was looking for help balancing her professional and personal life. She knew she wanted to start a family and wasn't sure how to make that work in her business. Amy's work with Salon Rising helped her find a sustainable path forward. So she didn't need to feel torn between her career ambitions and personal goals.The episode highlights Amy's emotional growth. She has learnt to set boundaries and has increased business her confidence. Amy was already an amazing hairdresser. But these tweaks within her business helped her achieve amazing financial gains . It's about aligning your business decisions with your personal goals. Especially when planning for a family.We know everyone is always looking to balance professional demands with personal life. This snapshot of Amy's story shows how important self-reflection can be. And how to make empowered decisions for business and life. Listen to the full episode here:Apple: https://podcasts.apple.com/au/podcast/going-solo-success-as-a-sole-trader/id1675792257?i=1000633048573Spotify: https://open.spotify.com/episode/06NcXfUMcZkrwRGOXddCjl?si=NzI0xHlPSKq-gnF2ql23fAYouTube: https://youtu.be/DIiB5tWJMIk?feature=sharedTo find out more about Salon Rising:https://www.salonrising.com/https://www.instagram.com/salonrising_/

Welcome to Episode 194 of The Numbers Game. This episode is all about making sure you're paying the least amount of tax legally possible, specifically through the use of bucket companies. We take you through strategies and examples for using bucket companies to reduce tax liabilities, protect assets, and grow family wealth!On this episode, we discuss:What is a Bucket Company?The Tax Benefits of Bucket CompaniesReal-Life Examples and Tax PlanningAdvanced Bucket Company StrategiesCan You Trade Out of a Bucket Company?Check out the free resources from Inovayt here.Send us an email: hello@thenumbersgamepodcast.com.auThe Numbers Game is brought to you by Future Advisory & Inovayt.Hosts:Nick ReillyJason RobinsonMartin VidakovicThis podcast is produced by VIDPOD.

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>>  dentistswhoinvest.com/podcastreport———————————————————————Unlock the secrets to financial optimization for dentists with our expert guest, David Hossain, as we dissect the pivotal choice between operating as a sole trader or a limited company. Discover how this decision impacts your tax responsibilities and income control, and why the option to trade as a limited company, available to UK dental associates since July 2006, offers unparalleled financial planning flexibility. We'll also navigate the complexities NHS associates face regarding superannuation and provide a comprehensive look at the UK tax bands to help you make informed decisions about your business structure.Join us as we break down the financial nuances of withdrawing money from a limited company versus being a sole trader, illustrated through real-world scenarios and graphical representations. Learn how maximizing tax savings can be achieved by strategically withdrawing minimal amounts, and why remaining a sole trader might be more advantageous beyond certain income levels. Tailored specifically for the dental profession, this episode underscores the importance of individual circumstances and strategic financial planning. Tune in and arm yourself with the knowledge to make smarter financial choices for your dental practice.

Sita, a talented hair and makeup artist based in Tauranga, New Zealand, shares her inspiring journey from working in a small-town hair salon to becoming an internationally experienced makeup artist. Throughout the podcast, Sita discusses her experiences working abroad in Austria and London, building her business in Tauranga, and the challenges and benefits of transitioning from a sole trader to a company. She also shares valuable insights on setting rates, building a reliable team, and the importance of eco-friendly and long-lasting makeup products. Sita's passion for her craft shines through as she discusses her creative freedom in non-wedding events and styled shoots, while still appreciating the natural, glowy style of the wedding industry. With plans to grow her business, Beauty Tribe, and manage her side hustle, Beauty Mat, Sita's entrepreneurial spirit is truly inspiring.(00:00:26) From Art to Makeup Artistry(00:03:14) From Europe to Freelancing in NZ(00:08:41) Building a Makeup Business in Tauranga(00:09:34) Setting Rates and Managing Client Content(00:11:50) Eco-Friendly Makeup in New Zealand(00:15:30) The Beauty Mat(00:16:25) Transitioning from Sole Trader to Company(00:20:01) Balancing Profitability and Competitive Pricing(00:21:16) Building a Reliable Makeup Artist Team(00:24:16) Building a Makeup Kit Abroad(00:25:08) Makeup Artist Work Abroad(00:25:46) The Creative Role of a MAC Product Specialist(00:26:28) Embracing Creative Freedom as a Makeup Artist(00:28:17) Growing The Beauty Tribe and Future Aspirations(00:29:46) The Final Three Questions(00:33:03) Setting Up a Beauty Studio Space Hosted on Acast. See acast.com/privacy for more information.

At the time of recording, Tim was knee-deep in building works at home, so I polished up my Chelsea boots for a visit to his London studio. As always, I asked him to describe his life story through the lens of the homes he's lived in over the years. It was particularly interesting to find out more about his current home, which he bought after seeing it on our website and falling instantly in love. It's a mid-century masterpiece set in splendid isolation near Rye, in East Sussex. A celebration of craftsmanship comes through in everything that Tim is about. His father was a textile manufacturer, and he's inherited a fascination with how things are made and the excitement of seeing something take shape on the factory floor. He tells me about his background in advertising, when he was given the most thrilling brief of all time: ‘Make Adidas cool again'. Having been given the keys to one of the world's most established brands, he was inspired to start his eponymous footwear company and ultimately take over Grenson.Tim is a lovely guy – very humble and grounded – and I really enjoyed getting to know him through the course of this conversation.This episode was recorded in person at the Grenson Studio in Chelsea.For more:Visit The Modern House website to see images of the spaces discussed in this episode.Check out Grenson.Production: Hannah PhillipsEditing: Oscar CrawfordGraphic Design: Tom YoungMusic: FatherThis episode was sponsored by Vitsoe. Hosted on Acast. See acast.com/privacy for more information.

Glen and John chat about a listener's question on managing super as a freelancer or small business owner.We hate email spam so we don't create it! Sign up to our newsletter to get only the valuable money, careers and property info you need.To get help, and to check out our online courses, resources and downloads (+ our disclaimers and warnings), click here. Hosted on Acast. See acast.com/privacy for more information.

As a small business owner, it is crucial to wear many hats and outsource areas that require expertise. However, one aspect that often gets overlooked is paying yourself. Though it might not initially appear as a top priority, paying yourself serves as both a reward for your efforts and a means of securing a financial return from your business.So, How Much Should You Pay Yourself? Unfortunately, there is no one-size-fits-all answer to this question. The amount you pay yourself depends on various factors such as your sales, expenses, and upcoming financial obligations. I'll guide you through the variables to consider and provide tips on how to determine the right amount to pay yourself.Once you have determined how much to pay yourself, it is crucial to understand the process of actually withdrawing the funds. I'll walk you through the steps of withdrawing money from your business bank account and transferring it to your personal account. I also highlight the often-overlooked issue of superannuation and the need to address it as a sole trader. Tax implications are another critical consideration. We'll explore income taxes and emphasize the importance of setting aside funds for tax obligations. I'll clarify the distinction between owner drawings and wages, and dispel the misconception that sole traders can't hire team members. You definitely can employ others, you just cannot employ yourself.Paying yourself as a sole trader is an integral part of running a successful business. It not only rewards your hard work but also ensures the viability of your venture. While there's no magic formula, my goal is to leave you feeling confident in navigating the complexities of compensating yourself effectively as a sole trader.Connect with Lisa Turner: Join the waitlist for The Bookkeeping Matters Blueprint hereInstagram:     @accountedforyouWebsite:         https://accountedforyou.com.au/ Join my Numbers List for small business news and fun, helpful tips hereGrab some FREE Resources hereCheck out my blog here

The Autumn Statement 2023 has been and gone. In this episode Dan runs through the essential news that matters He chats about national insurance cuts, wage rises, late payments…. all this and more on today's HeelanHub! www.heelanassociates.co.uk/podcast - the show for UK small business owners. info@heelanassociates.co.uk 02392 240040

What is the difference between a Limited Company and a sole trader? Hosted on Acast. See acast.com/privacy for more information.

Hey lovers, welcome back to the inner sanctum. We have said before and we will say it again – scaling your business is not the only path the success. Our beautiful guest Amy from Amy Grant Hairdressing was kind enough to share her Sole Trader journey with us on this week's Pod. She is such a superstar and has proven that you can hugely change you financial success without taking on any staff. As well as the steps she has taken to prepare for her pending birth of her first baby. We are so proud of this Mumma to be and can't wait for you to hear her story.Topics covered:Amy's journey in the industryDeciding to stay a sole traderSetting up a home salonAnd getting ready for having a baby in businesshttps://www.salonrising.com/Find out more and watch out for updates on socials @ -https://www.instagram.com/samarapalazziandco/https://www.instagram.com/salonrising_/Huge thank you to our podcast sponsors:https://ozdare.com/https://kevinmurphy.com.au/au/en/km/

Glen, Sim from Girls That Invest and Sarah from the OneUp Project discuss the pros, cons and considerations of running a business as a sole trader vs company. We hate email spam so we don't create it! Sign up to our newsletter to get only the valuable money, careers and property info you need.To get help, and to check out our online courses, resources and downloads (+ our disclaimers and warnings), click here. Hosted on Acast. See acast.com/privacy for more information.

It's July 2023, where did the year go? If your small business wants to get shimmy on and needs assistance selling more – then I have some pointers in this months podcast. There are a number of things that I am talking about specifically in this podcast, if your small business is based in West … Small Business – Self Employed and Sole Trader Podcast Read More »

You can download your FREE eBook on avoiding financial mistakes as a dentist using the link just here:  www.dentistswhoinvest.com———————————————————————Promise me you've pondered the gnarly question of whether to stick it out as a sole trader or to shift gears and become a limited company. Well, you're not alone! In this riveting discussion alongside David Hossein, a crackerjack dental accountant, we dust off the age-old debate, but with a unique twist - we're targeting it to the dental industry in the UK. Get ready to navigate the tricky waters of tax bands, the ups and downs of your choices, and the curiosity of losing your personal allowance once profits exceed £100,000. Something big is brewing in the UK tax scene, and folks, it's not looking pretty. With the recent budget announcement, brace yourselves for a taxing roller coaster ride. Together with our expert guest, we're diving into the new world of tax dividend allowance, the surge in corporation tax, and the hike in National Insurance and dividend taxes. Get your calculators ready as we unpack a graph that lays bare the tax saved with a limited company versus a sole trader. You wouldn't want to miss this - we're also breaking down the graph in a tabular format to give you a clear picture. So, buckle up for an enlightening and insightful conversation.

Episode 20 is here. I brake down the costings of doing a comedy festival and talk about going broke again.

In this episode of the "I Hate Numbers" podcast, we explore The Benefits of Operating as a Sole Trader for your business. While limited companies have their perks, operating as a sole trader can offer flexibility, autonomy, and ease of set-up. Listen to learn more. If you're starting a business and trying to decide on its legal structure, it's essential to consider the benefits of operating as a sole trader. In this episode of the "I Hate Numbers" podcast, we'll take a closer look at why being a sole trader can be an excellent option for small businesses. Ease of Set Up:One of the most significant advantages of being a sole trader is the ease of setting up your business. Compared to forming a limited company, the formalities are relatively light-touch, and the process is generally more straightforward. This simplicity can save you time, effort, and money in the long run. Flexibility:Another advantage of being a sole trader is the flexibility it offers. As a sole trader, you have the autonomy to make decisions independently, without the need to consult other directors or shareholders. This flexibility allows for a quicker response to changing market conditions and can give you an edge over your competitors. Privacy:One of the biggest benefits of operating as a sole trader is the privacy it offers. Unlike limited companies, sole traders have a greater degree of privacy, and only HMRC is entitled to look at your accounts. This privacy can be especially important if you're running a home-based business or if you're in a sensitive industry. Tax:Tax is often cited as a reason to form a limited company, but this isn't always necessary. Many people who incorporate become companies when it's not necessary, Furthermore, it can be more expensive than operating as a sole trader. As a sole trader, you can take advantage of tax deductions, and it's often simpler to manage your tax affairs. Migration to a Limited Company:If you decide to start as a sole trader, you're not locked into that legal structure forever. It's possible to migrate to a limited company when the time is right and when circumstances dictate. Starting as a sole trader can give you the freedom to test your business idea before committing to a more complex legal structure. Conclusion:In conclusion, while limited companies have their advantages, operating as a sole trader can offer significant benefits, This includes flexibility, autonomy, ease of set-up, privacy, and tax advantages. If you're starting a small business, it's essential to consider all the options available to you and choose the legal structure that best suits your needs. Check out our range of calculators Now, let's talk about the fabulous resources we've cooked up for you. Our clients have their own client portal (think of it as your secret recipe book) with a Tax Return Checklist. Fancy tapping into some extra FREE I Hate Numbers resources about UK tax and business, you have

In this episode, Gary discusses the three levels of business success for ambitious advisers and financial services pros: Sole Trader, Business Owner, and Entrepreneur. He shares valuable insights and strategies for each level, providing a complete business blueprint for generating leads, building relationships, and achieving your definition of success. Whether you're starting out as a sole trader or aspiring to become a successful entrepreneur, this episode will provide you with the knowledge and inspiration to level up your business. What Is Covered In Today's Episode Of The PRO Podcast: Understanding the three levels of business success: Sole Trader, Business Owner, and Entrepreneur The importance of generating leads, building relationships, and creating sales Transitioning from level one to level two: common pitfalls and strategies for success The mindset shift required to become a successful business owner Designing your business for growth and lifestyle alignment We hope you enjoyed today's episode, please make sure you subscribe, rate and review the show on your favourite platform. Follow Gary Das on Socials: Instagram | LinkedIn | Facebook | Website | YouTube

With such a great response from all our listeners about our Rent to Rent episode Sophie & Simon delve into the GiP mailbag and answer all of your questions (with a little help from our friend Henri Ghijben from last week's pod).1) Market research: How do I know if a property is in a 'good' location? Researching  your target tenant & what they are looking forHow do I know how much rent to charge?Gauging demandShould I take on a property that is two hours away?How can I ensure I don't lose money? 2) Putting the plan into action:Negotiating a rent-free periodGet viewings in early - get cash-flowing before tenants even move inEnsuring occupancy - messaging those looking for rooms on Spareroom, messaging centres of employment (hospitals, nursing homes, large providers).Compliance for HMO & SA - where to find standards and compliance in your areaGet a 3rd party fire risk assessment to mediate responsibility with ownersGetting council approval for serviced accommodation How to work Rent to Rent with Landlords who have mortgages3) Day to day & lifestyle:Handling novel & emergency situationsMaintenance & complianceAttitude is more important than knowledge - you aren't expected to know it all!Its all about customer serviceWhat work is involved day-to-day and what is the work/life balance like?When to take on help to work on the business not in the businessWhat do you do if a guest won't leave your SA? Phone a Friend with Henri GhijbenHow to resolve cost disputes with Landlords - have a good proposal & contract to manage expectations and fall back on when there is an issueMaintenance - budgets, inspections, reporting & shouting about your good service to Landlords. 4) Building relationships & growing your businessHow to open & build relationships with agentsListen & learn about Landlords throughout - ask about their situation, needs and experiences with a view to pitching your servicesSpeaking to agents when you are starting out To claim your space at our Girls in Property Retreat on Friday 19th April 2024 simply visit www.girlsinproperty.co.uk & to find out more info or join The Property Lifestyle Accelerator Programme simply DM the word "Lifestyle" on Instagram or Facebook for a Discovery Call. You can also email me at girlsinpropertypod@gmail.comABOUT THE HOST With more than 5 years of experience as a landlord, Athena Dobson departed her secure corporate job two years ago to chase her passion as a full-time property investor.Now, she successfully manages multiple businesses handling HMOs, SAs, & BTLs, all while sharing her expertise to guide &teach others on their own journey to success. Athena's mission is to be able share as many tips as possible from her own experience, to empower others to navigate the complex realms of business & property with confidence!

Chantal & Matthew discuss the differences between trading as a sole trader compared to a limited company. The aspects they cover include legal entity, limited liability, bank account, tax liabilities, deadline dates, registrations, filing requirements and other bits too.Your Business Hour podcast is hosted by the founders of Champ Consultants, Chantal and Matthew Baker. They are both accountants and bring a wealth of knowledge, experience, and business tips to their chat. They interview guests who tell their business stories, as well as consider the latest topics in business and finance.New podcasts are released weekly on a Tuesday and you can follow us on:Instagram: @your.businesshourFacebook: @your.businesshour

Episode 16: “Can I expense lunch with a client?!” Accounting 101 with Rachel Harris   Do you have financial anxiety as a business owner? Are you confused about paying taxes as a limited company vs as a sole trader? Does the thought of dealing with your numbers fill you with dread?   In this episode of The Social Brain Podcast, Head Brain Frances Barrett chats with Rachel Harris about all things finance, accounting and taxes as a business owner.   Rachel Harris is a qualified accountant, business owner and founder of Accountant She. Rachel specialises in accountancy and tax advisory services for female entrepreneurs, influencers and business owners and always goes the extra mile for her clients by providing support, empowerment and positivity along the way.    Questions we answer for you in this episode:

Hey all! This episode will be taking a look at all things to do with accounting! Well, some of it at least! I'll be explaining why I decided to opt with limited company ownership over being a sole trader as well sharing how much I have paid for accounting services and where I found them. If you have any questions regarding anything on this episode, head over to my instagram @kei_maye :)

Managing your money can be challenging as a sole trader in carpentry and construction. Robin talks about how he's dealt with this over the course of his career. Jordan Jewitt, managing director of (Accountants) For The Trade joins us to answer some questions about handling tax, doing your books, National Insurance contributions and more

This weeks guest is the ever charismatic, loveable, laughable Gary Boulter. Gary is an actor, event MC, murder mystery host and just a wonderful guy. In this weeks we talk about Gary's approach to keeping motivated, viewing his craft as a business and him being a sole trader. There is also some interesting stories about sights he's seen on walking tours around the rocks in Sydney and an “indecent proposal” in the blue mountains. We also talk about Gary's experience with WeAudition. If you're interested in exploring more about Gary you can check out his website or maybe you'd like to hire him for a murder mystery event You can follow actors making it on Instagram and Facebook You can follow me on Instagram --- Send in a voice message: https://anchor.fm/actorsmakingit/message

Hello everybody and welcome back to the Crushing It In Construction podcast. My name is Jordan Skinner, I am your host,  and this week I'm chatting with Mark Yates, who is the Managing Director of Y.E.S Group, here in South Australia, they are a company based in Renmark. In this episode, we basically just cover off on how Mark built the company from first being a sole trader to eventually becoming a company and hiring his first people and the first projects that he did. So it's a really interesting podcast episode I always enjoy hearing about how people have built things! Lets get into the show. CONTACT DETAILS:Mark YatesLinkedIn: https://www.linkedin.com/in/mark-yates-3716425b/Website: https://yesgroupsa.com.au/Jordan SkinnerLinkedIn: https://www.linkedin.com/in/jordan-skinner-685439178/Website: https://moonshotmedia.com.au/

People often wonder if there are any secret things they are not claiming against tax that they should be In this video, I'll go through the tax tip secrets for UK consultants and coaches and see if there are any that you could be claiming for.

People often wonder if there are any secret things they are not claiming against tax that they should be In this video, I'll go through the tax tip secrets for UK consultants and coaches and see if there are any that you could be claiming for.

Understanding the market is knowing your customers. In this week's Bobcast, I chat with Kevin Haughey based up in Dundalk, Ireland. Join me and Kevin as we chat about site work, crap lazy paint reps, knowing your market, and the many hats of a sole trader. So you know the drill by now, get a brew, pin back your lugs and give it a listen and give us (@ brothersofthebrushinsta and Kevin) your feedback by hash-tagging # brothersofthebrushpodcast on Insta and well give you a shout-out back! Watch the episode on PCA Overdrive PCA Overdrive is free for members. Not a member? Try our 30-day, free trial; $5.99/mo after. Download the app on the Apple Store or Google Play. Become a PCA member

Nếu muốn mở một thương vụ nhỏ, chẳng hạn như kinh doanh quần áo hay trái cây, thì nên đăng ký làm sole trader hay company? Khi nào thì sole trader phải đăng ký thuế GST? Và những khái niệm như personal services income hay instant asset write-off là gì?

Have you ever considered partnering up with another freelancer to expand your business? Teaming up could be a great way to attract bigger projects, expand your services and grow your business without doubling your hours. But how does it work? How do you find the right business partner? What happens if you disagree?!In this episode, I chat to Adam Pearson, one half of the research powerhouse that is PS Research, which he runs with his business partner, Emma Slater. He shares his experiences of going from being a solo business owner to forming a successful partnership:Why Adam made the jump from company of one to forming a partnershipHow to find the right person to partner withUnexpected upsides of working with a partnerHow to figure out working styles, money stuff and holidaysHow to market your partnership to new and existing clients.Since Adam is just back from paternity leave, we also discuss how he planned for a chunk of time off – and how other freelancers can do the same.Mentioned in this episode:PS Research: https://pearsoninsight.co.uk/ Emma Slater: https://twitter.com/emmapsresearchGareth Hancock: https://www.thatcontentshed.com/Frankie Tortora: https://francescatortora.com/Dave Smyth: https://websmyth.co/Martin Brooks (Gold Stag Accounting): https://www.goldstagaccounts.co.uk/Being Freelance Podcast: https://www.beingfreelance.com/Say hi to Adam:Website: www.psresearch.co.uk LinkedIn: https://uk.linkedin.com/in/pearsoninsight Twitter: @adampsresearch Say hi to Louise:Louise Shanahan is a freelance health and medical copywriter and a big fan of finding your freelance niche. She's on a mission to help others build a freelance business that feels easy and works for them – in weekly snack-sized bites.LinkedIn: Louise ShanahanTwitter: @LouiseShanahan_Website: thecopyprescription.comIf you find this episode helpful and you'd like to show your appreciation, consider leaving a tip over at ko-fi.com/15minutefreelancer. All donations help cover the cost of running the podcast and are very much appreciated!

Should you jump in a set up a limited company or hang back and try a sole trade? It can be a confusing decision to make yourself - so let us help you decide Whether to be a limited company or sole trader is always a hot topic and there is not a straightforward, right or wrong answer. What I want to do is present you with a balanced approach to help you decide which might work best in your particular circumstances so you can make the decision to go for a limited company or sole trader option. Perhaps you are already running a business as one or the other and are not sure if you are using the right vehicle for your business, or perhaps you are starting a new business - either way, this video will take you through the advantage and help you decide to be a limited company or sole trader. If you want me & my team's expert accounting and tax help, you can book a fitting call through our website →

An Afro-Caribbean woman born in Jamaica, raised in London. Married, four sons, and 11 grandchildren. Science graduate with science and teaching professional work history. After redundancy created a career as an Independent Safeguarding Consultant/Trainer and Restorative Justice Practitioner. Spoken Word artist, sharing her poetry, writing, and performing since February 2016 with radio and online appearances. Co-author of the book 'Life Inna Lockdown 2020 Behind Closed Doors'. Acting role in musical ‘Joseph versus Barrett' October 2020. Storyteller/Reader for Simply Deez course for NHS Recovery College. Natural wellbeing advocate and entrepreneur Sole Trader business owner of Verelba Mind & Body, providing artisanal skincare, wellbeing items and holistic therapy (Federation of Holistic Therapists registered) Building a coaching and mentoring business for over 50s females. A love for people, nature, literature, theatre, travelling and vintage fashion. Life Inna Lockdown 2020, behind Closed Doors by Dee Bailey, Veronica Ebanks and 20 others A publication that captures, crystallizes and documents individual journeys of 'Life Inna Lockdown'. This book provides a piece of history, a snapshot of time and our lived experiences, our feelings, our hopes and dreams. Contact information: @Verelba_World2021 | Linktree, Verelba Mind & Body - Home (facebook.com) and  Home - Verelba Mind & Body (verelbavmb.com) Host Contact information and resource material www.drajrbutler.com --- Support this podcast: https://anchor.fm/momentsofgrace/support

 TRIGGER WARNING: this episode contains themes of financial hardship during the pandemic. In this episode I talk to Melbourne photographer Breeana Dunbar about being a single mum and a sole trader during the pandemic. Bree talks through the gaping holes left by the Morrison Government's individual and business support packages, the emotions she felt going through the pandemic with financial concerns, and the impact it's had on her business. Where to find Bree:Website: https://www.breeanadunbar.com/Online store: https://www.breeanadunbar.com/print-shopInstagram: https://www.instagram.com/breeanadunbar/?hl=en - Sign up to my weekly feel good finance newsletter www.thebrokegeneration.com/subscribe, where you'll also nab access to my free 7 daily tasks to set up a budget.Where to find me:Instagram: @the.brokegenerationBlog: www.thebrokegeneration.comDisclaimer: Information contained in this podcast is general in nature and should not be considered financial advice, nor used to make a financial or investment decision. Please seek professional advice for information tailored to your own circumstances. 

Sole trader, partnerships, companies, SMSF - what does this all mean? Let the girls educate you on all things business start ups in this episode with guest speaker Tanesha Reed, director of East Coast Incorporations. Over 7+ years in the industry, she is here to help all you beauties get your business start up sorted. Contact Tanesha: 0450 017 533 www.eastcoastinc.com.auEast Coast Incorporations Facebook PageGold Coast, AustraliaThank you for supporting the Barefaced and Naked Podcast! Please downloaded this podcast and share your feedback on Apple Podcasts by clicking HERE Sponsored by Bella Beauty Professional This episode is sponsored by Bella Beauty Professional, the one stop shop for all brow supplies.

In this episode I run through the 8 considerations of running your business as a sole trader or as a limited company, this may help you decide which is best for you. I've been asked this a lot recently, it is clearly a hot topic and if you're not sure what the differences are this episode is for you. Hope you enjoy AW The links promised are Check out the following resources: - Directors (legal) duties link is: http://bit.ly/2xFpLAh - The one page summary of considerations link is: http://bit.ly/2IMrJRD

One of the big challenges facing many freelancers is the feast or famine cycle. You're either way too busy and stressed out, or your inbox looks like someone cancelled your account without telling you. Navigating these ups and downs can be hard work, both financially and psychologically. But there is a way to break free! Today's episode includes a few strategies that might help you smooth out your workload and income so you can say goodbye to the feast or famine cycle.  Mentioned on this episode:Episode 1: 7 simple ways to find freelance clients in 2021Episode 6: Spend less time on client work with theme daysEpisode 9: 7 tips for easy freelance financesEpisode 15: Is it time to raise your rates?Louise Shanahan is a freelance health copywriter and content marketer. She's on a mission to help others build a freelance business that feels easy and works for them – in weekly snack-sized bites.Keep in touch!Twitter: @LouiseShanahan_LinkedIn: Louise ShanahanInstagram: @Louise_Shanahan_Website: thecopyprescription.comNewsletter: thecopyprescription.com/subscribe

How do you feel returning home after a hard day's work to a messy, dysfunctional house? Pretty crap eh! How does it feel walking into a clean bedroom - feels like home - pretty good eh! Little Miss Tidy Roelene Coleman founder of Organise You is going to share her top tips for LETTING GO and how to create a space worth loving. Roelene Coleman's bioVery early on in life, Roelene realised her knack for organisation and order. She has always practised these skills in her personal life, and the lives of her friends and family; She found that turning a mess into a space of simplicity and order gave her a deep sense of satisfaction.Roelene was able to apply these skills and eye for detail in her professional life working as an Office Manager for a small business as well as a Sole Trader and Business owner for her previous ventures. What keeps Roelene motivated as a professional organiser is helping people find their feet again by giving them a fresh start, whether that be in their business or home. How to best connect with Roelene:Website - www.organiseyou.com.auInstagram @organiseyou_auFacebook @organiseyou.com.auAbout me&my Health Up & Hostme&my Health Up seeks to enhance and enlighten the wellbeing of others. Host Anthony Hartcher is the CEO of me&my wellness which provides holistic health solutions using food is medicine, combined with a holistic, balanced, lifestyle approach. Anthony holds three bachelor's degrees in Complementary Medicine; Nutrition and Dietetic Medicine; and Chemical Engineering.Watch on YouTube: https://youtu.be/enwW6LaoaXECreditsPodcast editing: Ivan SaldanaSupport the show (https://www.patreon.com/meandmy)

#1 -  Are you a budding entrepreneur looking for inspiration to start your very first business? Or do feel that your small business is in need of a little va-va-voom? Then the ‘My Small Business & Me' podcast is essential listening. The podcast has two elements - on the one hand your SMALL BUSINESS and on the other, YOU. Firstly, your SMALL BUSINESS. Host Rona Wheeldon from Flowerona speaks to entrepreneurs who share insights into what it takes to run a successful, sustainable and profitable business. You'll hear how their companies have grown from ideas to reality, the challenges encountered along the way and lessons learned.Industry experts in web design, branding, marketing, photography, social media and coaching also provide insights into how to maximise your potential and build your small business, making sure that you have the essential knowledge and tools you need to grow. Secondly, YOU, the owner. Rona interviews specialists who can help you, both mentally and physically - from fear, confidence and time management to personal styling advice, meditation and aromatherapy - you'll gain an insight into how to prioritise your well-being. There's so much that goes into becoming a successful, happy entrepreneur. And listening to the ‘My Small Business & Me' podcast every Tuesday will ensure that you've got all the bases covered, when it comes to both your small business and you. If you'd like to find out more about the podcast and episodes, simply head to: http://mysmallbusinessandme.com/So, hit subscribe, settle down and be inspired…!

Amber Daines is a PR professional who worked on two intense crisis communications projects: AMP during the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry and the NSW government during one of the worst drought on record. She joins our Flying Solo podcast to share some of these insights in the context of sole trader life coming through and out of a crisis.