The Finance Blog

Brain Trust 24

The Finance Blog

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Business Structures and Tax Implications

IR35 Explained: What Freelancers Need to Know
Sophie Harrington May 13, 2025

If you’re a freelancer in the UK, you’ve probably heard the term IR35 tossed around — often with a mix of confusion and frustration. And you’re not alone. Despite being around since 2000, IR35 rules still trip up even seasoned contractors. So, what exactly is IR35? Why does it matter? And more importantly, how does Read More

Registering as a Limited Company: Pros and Cons
Eleanor Brooks April 29, 2025

Thinking of taking the plunge and going limited? You’re not alone. Thousands of freelancers, sole traders, and small business owners across the UK ask themselves the same question every year: “Should I register as a limited company?” While the idea of company registration sounds appealing — professional status, potential tax benefits, and protection of personal Read More

Sole Trader vs. Limited Company: Tax Differences
Oliver April 28, 2025

You’ve got the big idea. You’re ready to start freelancing or launch your own business. But before the invoices go out or the sales roll in, there’s a key decision that could shape your financial future: should you operate as a sole trader or form a limited company? It’s more than just paperwork—it’s about how Read More

Operating Through an Umbrella Company: A Contractor’s Guide
Charlotte Whitaker April 22, 2025

Thinking about working through an umbrella company but unsure what it really involves? You’re not alone. Umbrella companies provide an easy way for contractors, freelancers, and temp workers in the UK to get paid. However, they have special factors to think about regarding pay, tax, and control. If you’re new to contracting or exploring options Read More