Business

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General

Legal

Sole Trader

Limited Company

You must set up the company with Companies House and let HM Revenue & Customs (HMRC) know when the company starts business activities.

Every financial year, the company must:

put together statutory accounts send Companies House an annual return send HMRC a Company Tax Return The company must register for VAT if you expect its takings to be more than £77,000 a year.

If you’re a director of a limited company, you must:

fill in a Self Assessment tax return every year pay tax and National Insurance through the PAYE system if the company pays you a salary

Information

Contract

Software licensing

Lookup any software license shortly summarized in plain English.

Money

Pricing

In lump sums for set period of hours done.

Invoicing

Open source

Services

Tax

Sole traders’ tax responsibilities:

  • send a Self Assessment tax return every year
  • pay Income Tax on the profits your business makes
  • pay National Insurance
  • register for VAT if you expect your business’ takings to be more than £77,000 a year.

Limited Company: Any profit it makes is owned by the company, after it pays Corporation Tax. The company can then share its profits.

Tools

Banks

Tridos

"We do not provide counter banking services from our Edinburgh office (or indeed any of our UK offices) but are pleased to meet with business customers who have a pre-arranged appointment."

Co-operative

Online service, no real-life access?

Has branches under the name Britannia. One on George Street.

Accounting

Software

  • Gnucash

Services

Trading

Payment gateways

Funding potentials

  • Funding Scotland - Signposting funding opportunities for Charities, Community Groups and Businesses around Scotland.

Freelance job markets

  • oDesk is the world’s largest and fastest-growing online workplace, ranked #1 by annual contractor earnings.

empowering entrepreneurs & small businesses worldwide.

Marketing

Gumtree

Hiring

Ideas and other

Social

Other