About the Course

Understanding your tax obligations is crucial when running a business in the UK. Whether you're a sole trader, operating through a limited company, or employing staff for the first time, this course demystifies the tax landscape so you can stay compliant and make informed financial decisions. “Tax Implications of Running a Business” is a practical course designed for entrepreneurs, freelancers, and small business owners. It breaks down complex tax rules into clear, actionable insights across key areas of business structure, employment, and sector-specific taxation. Whether you’re just getting started or looking to hire your first employee, this course will equip you with the knowledge to avoid costly mistakes and run your business with confidence.

You'll learn:

The differences in tax responsibilities between sole traders and limited companies When and how VAT applies to your business Your responsibilities as an employer, from payroll to pensions How PAYE and National Insurance affect both you and your employees What additional costs to expect when hiring staff The specific tax implications if you're operating under the Construction Industry Scheme (CIS)

Meet Team Streamline

"Starting a business is exciting… but trying to figure it all out alone can be overwhelming." At Streamline Accountants, we believe that understanding your business finances shouldn't be complicated. That’s why we’ve created a series of bite-sized digital courses designed to give business owners clear, practical guidance on key financial and tax topics, without the jargon. With years of experience supporting sole traders, limited companies, and growing teams, our expert-led content helps you stay compliant, save money, and make smarter financial decisions. Whether you're just starting out or scaling up, our goal is simple: to make accounting easier, clearer, and more accessible for you. "You’ve got the drive. We’ll help with the details."

Course Curriculum

7 Chapters · 25 Lessons

  1. 1

    What You'll Learn and How to Navigate this Platform

    1. (Included in full purchase)

      How To Navigate This Course

    2. (Included in full purchase)

      In This Course, You'll Learn...

  2. 2

    Overview: Tax Implications of Running a Business

    1. (Included in full purchase)

      Introduction

    2. (Included in full purchase)

      Sole Trader

    3. (Included in full purchase)

      Limited Company

    4. (Included in full purchase)

      VAT

    5. (Included in full purchase)

      Section Quiz

  3. 3

    Employing Staff: Part One

    1. (Included in full purchase)

      Tax Implications of Employing People

    2. (Included in full purchase)

      Pensions

    3. (Included in full purchase)

      Re-enrolment

    4. (Included in full purchase)

      Understanding Employer Pension Duties

  4. 4

    Employing Staff: Part Two

    1. (Included in full purchase)

      Employers National Insurance

    2. (Included in full purchase)

      Employee PAYE & NI Contributions

    3. (Included in full purchase)

      Payroll Responsibilities for Sole Traders Employing Staff

    4. (Included in full purchase)

      Pensions: Ltd Companies vs Sole Traders

    5. (Included in full purchase)

      Employing Staff: Part Two

  5. 5

    CIS

    1. (Included in full purchase)

      Tax Implications of Running a Business under CIS

    2. (Included in full purchase)

      CIS

  6. 6

    Other Taxes

    1. (Included in full purchase)

      Other Taxes To Be Aware Of

    2. (Included in full purchase)

      Other Taxes

  7. 7

    Recap

    1. (Included in full purchase)

      Course Recap

    2. (Included in full purchase)

      Final Quiz

    3. (Included in full purchase)

      In Summary...

    4. (Included in full purchase)

      Downloadable PDF

    5. (Included in full purchase)

      Course Completion

Student Testimonials

Discover how our course has helped individuals like you unlock the potential of their businesses.

”
Text-only testimonials are quick to scan and can highlight the value of your product at a glance.
Jessica L.

Las Vegas, NV

The combination of text and imagery make the testimonial feel more personal and credible.
Ashley T.

Working mom

”
Finally, a handbook that makes photography feel simple! It covers everything from camera settings to post-processing in a way that actually makes sense.
Anna W.

Amateur photographer

Learn What It Takes to Stay Tax Compliant and Financially Aware

Take the first step towards financial success by enrolling in our course today. Let's unlock your business's full potential together!

£10.00

Enroll Now