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Important: How Universal Credit for the Self-Employed Actually Works

9 September 2026 by James Leave a Comment

Self-employed person working at a laptop at home, managing income for a Universal Credit claim

If you're a sole trader in East Lothian or Edinburgh and you're claiming, or thinking about claiming, Universal Credit, there's one thing worth knowing early: it doesn't treat self-employed income the … [Read more...] about Important: How Universal Credit for the Self-Employed Actually Works

Filed Under: Tax & Self Assessment Tagged With: contractor, East Lothian, Edinburgh, freelancer, Scotland, self employed, small business, sole trader

Do I Need a Bookkeeper or Accountant as a Sole Trader?

25 May 2026 by James

Bookkeeper and sole trader client reviewing financial documents together

When you first go self-employed, it’s tempting to handle everything yourself — including your finances. And for a while, that’s often perfectly fine. But as your business grows, or as the complexity … [Read more...] about Do I Need a Bookkeeper or Accountant as a Sole Trader?

Filed Under: Bookkeeping & Accountancy Tagged With: accountancy, bookkeeping, contractor, East Lothian, Edinburgh, freelancer, Scotland, self employed, small business, sole trader, tax tips

Sole Trader vs Limited Company: Which Is Right for You?

25 May 2026 by James

Business owner weighing up the decision between operating as a sole trader or forming a limited company

At some point, many self-employed people find themselves asking the same question: should I stay as a sole trader, or would I be better off forming a limited company? There’s no single right answer — … [Read more...] about Sole Trader vs Limited Company: Which Is Right for You?

Filed Under: Bookkeeping & Accountancy Tagged With: accountancy, contractor, East Lothian, Edinburgh, freelancer, limited company, Scotland, self employed, small business, sole trader, tax tips

What’s the Difference Between Bookkeeping and Accountancy?

23 May 2026 by James

If you run your own business, you've probably heard both terms used — sometimes interchangeably. But bookkeeping and accountancy are different things, and understanding the distinction can help you … [Read more...] about What’s the Difference Between Bookkeeping and Accountancy?

Filed Under: Bookkeeping & Accountancy Tagged With: accountancy, bookkeeping, contractor, East Lothian, Edinburgh, freelancer, Scotland, small business, sole trader, tax planning

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Recent Posts

  • Important: How Universal Credit for the Self-Employed Actually Works
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