Skip to main content
Guiding you to a better future


For a successful business, you need a viable business idea, the skills to make it work and the funding. Discover whether your idea has what it takes.

Forming your business correctly is essential to ensure you are protected and you comply with the rules. Learn how to set up your business.

Advice on protecting your wellbeing, self-confidence and mental health from the pressures of starting and running a business.

Learn why business planning is an essential exercise if your business is to start and grow successfully, attract funding or target new markets.

It is likely you will need funding to start your business unless you have your own money. Discover some of the main sources of start up funding.

Businesses and individuals must account for and pay various taxes. Understand your tax obligations and how to file, account and pay any taxes you owe.

Businesses are required to comply with a wide range of business laws. We introduce the main rules and regulations you must comply with.

Marketing matters. It drives sales and helps promote your brand and products. Discover how to market your business and reach your target customers.

Some businesses need a high street location whilst others can be run from home. Understand the key factors from cost to location, size to security.

Your employees can your biggest asset. They can also be your biggest challenge. We explain how to recruitment and manage staff successfully.

It is likely your business could not function without some form of IT. Learn how to specify, buy, maintain and secure your business IT.

Few businesses manage the leap from start up to high-growth business. Learn what it takes to scale up and take your business to the next level.

Deadline looms for registering as self-employed

2 October 2023

Anyone who has earned income as a self-employed worker in the 2022/23 tax year must register for Self Assessment by 5 October if they haven't done so already.

HM Revenue and Customs (HMRC) is reminding anyone who is new to Self Assessment for the 2022/23 tax year that they must register online by 5 October 2023.

How to register as self-employed

You can register for Self Assessment on the GOV.UK website. Taxpayers that need to do this include anyone who has:

  • Worked on a freelance basis in the past tax year;
  • Set up a side hustle to earn money in addition to their PAYE job;
  • Starting renting out a property as a landlord.

In fact, if a taxpayer has any income that they have not already paid UK tax on, they need to register for Self Assessment on GOV.UK. They will then receive a Unique Taxpayer Reference, which they will need when completing their tax return. The deadline for taxpayers to file their tax return online and pay any tax owed for the 2022/23 tax year is 31 January 2024.

How to stop Self Assessment

If a worker thinks they no longer need to complete a Self Assessment tax return for the 2022/23 tax year, they should tell HMRC before the deadline on 31 January 2024 to avoid any penalties.

HMRC has a wide range of resources to help customers file a tax return, including a series of video tutorials on YouTube.

Written by Rachel Miller.

Stay up-to-date with business advice and news

Sign up to this lively and colourful newsletter for new and more established small businesses.