Matthew Mills

Public liability, insurance, tax, invoices, and copyright are all different depending on how or what your business is. When you are employed by a company, public liability, insurance, tax, and invoices are all taken care of by the company. However, if you are a sole trader or have a limited company, you will be subject to public liability, insurance, tax, and invoices.

Tax

This changes depending on the company value, and when you have an independent company or are a sole trader, you must fill out the HMRC tax system before January to allow for the changes to your tax allowance for the next tax year.

Public liability insurance and insurance

These are both part of covering yourself when it comes to claims made against or damage caused to you or your equipment.