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Finacbooks UK Blog - A Complete Solution for SME's, Contractors, Sole Traders & Accountants
Do you need a Business Bank account?

Do you need a Business Bank account?

It depends upon your business structure whether you are legally obliged to have a business bank account or not, including freelancers and sole proprietors. As a sole proprietor, you are not legally [...]

UTR Number (Unique Taxpayer Reference Number)

UTR Number (Unique Taxpayer Reference Number)

What is a UTR number? UTR stands for Unique Taxpayer Reference Number. UTR number is a unique 10 digit number allotted by HMRC to give unique identification to the taxpayers and their tax records. [...]

Changing from Sole Trader to Limited Company

Changing from Sole Trader to Limited Company

How to Change from Sole Trader to Limited Company? Many individuals working as a sole trader in the past shifted from sole trading business to a limited company but there is some reason attached to [...]

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