Resources for Small Businesses
Whether you are an aspiring entrepreneur or running a small side hustle for extra income, we have several resources for small businesses to help you with your venture. Our small business resources provide guidance on business structure options and tax obligations for small business owners. If you are looking to expand your team, you’ll find information detailing the costs of hiring employees, including salary, employer pensions and employer national insurance contributions.
Self-employment – business structure
Learn about the business structure options for self-employment, the tax implications and other aspects of running a small business.
Self-employed tax and national insurance
Tax and National INsurance is different for self-employed individuals and varies according to the business structure you use for your small business.
UK staff cost calculations
If you are running a small business, it is vital to understand the full UK staff cost calculations before recruiting an employee.
Employer NI from April 2025
From April 2025, changes to employer’s national insurance rates will increase employer’s NI for many, while smaller businesses may see a decrease in their NI costs.
Side hustles and savings interest
If you have income over £1,000 from a side hustle or savings interest, you may need to complete an annual self assessment tax return.
How to do payroll calculations
Are you running payroll and are unsure of the calculations behind the software? Learn more about how payroll deductions and national insurance contributions are calculated.
Allowable and disallowable business expenses
Make sure you understand which business expenses are tax-deductible. Learn more about allowable and disallowable business expense on our sister website MQCalcs.
We have several calculators for self-employed individuals and business owners in the small business resources section of our financial calculators.
Designed to help small business owners manage their employee costs, they are a useful resource to help you make better financial decisions.
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In our shop we have a number of Excel spreadsheet resources specifically for self-employed individuals and small business owners.
Track your tax and national insurance liability with our self-employed tax calculator or budget your employee costs with our staff cost budget resources.
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