Accounting

Understanding the Difference Between Sole Trader and Self-Employed

Navigating the world of business ownership can be a bit of a maze, especially when it comes to understanding the different labels and structures. Two terms that often cause confusion are “sole trader” and “self-employed.” While they are related, they are not exactly the same. This blog ‘Understanding the Difference Between Sole Trader and Self-Employed’ breaks down in simple terms to clear up any confusion.

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UK Economy Flatlines in April 2024

The UK economy saw no growth in April 2024, with particularly wet weather discouraging shoppers and slowing construction.

Official data from the Office for National Statistics (ONS) indicates that this outcome was anticipated, following robust growth from January to March which had pulled the economy out of a recession.

This failure to grow comes at a critical time, with the general election on 4th July looming, making the economy a key battleground for political parties.

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The General Election 2024: What it Means for Your Small Business

The General Election 2024 is just around the corner, and it’s more than just a national event; it’s a pivotal moment for small businesses across the UK.
As we brace for the potential changes and opportunities that come with a new government, it’s essential for small business owners to stay informed and prepared.

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