As becoming a childminder involves setting up a childminding business, there are some legal obligations to fulfi. More about these obligations can be found below.
Changes to your circumstances that HMRC need to know
Things in life change regularly – some are important to HMRC others not. Here are a few of the changes you need to inform HMRC about. If you stop working…
What type of expenses can you claim as a childminder?
As a childminder, you can claim certain expenses back from the HMRC to reduce your tax bill. The rules may change so it is important to keep upto date with…
Tax Thresholds
Every person in the UK has a personal allowance. This means you are legally allowed to earn a certain amount of money each year, before you need to start paying…
Why You Must Register with HMRC
Registered Childminders who charge a fee for their services must be registered as self-employed with the HMRC. Being self-employed means you are working for yourself. You must therefore calculate and…
Choosing a Business Name
The business name holds a lot of weight particularly when it comes to small-businesses ensuring their success. Having the right name can make your company the centre of everybody’s attention,…
Planning for your Tax Return
In order to ensure you are able to pay your taxes on time, you should put the money aside as soon as it arrives. To do this, calculate the %…