Every month, HMRC quietly publishes policy papers and consultations that could reshape how the self-employed people or small businesses might pay their tax. While technically public for all to see, …
Making Tax Digital: Self Employment is CHANGING from 2026
Making Tax Digital (MTD) is on its way! If you are self-employed or a landlord, there are MASSIVE changes you will need to deal with when MTD comes into play …
Top 3 Small Businesses to Start in 2025
The question of how to start a business often comes after the question of what business you should start. It’s a common topic across all social media channels, and in …
Self Employment vs Employment: 3 reasons why you might be better off than you think
Which is “better”, being self-employed or employment? Like most aspects of business, there’s no clear-cut answer, with pros and cons on either side. In this article, we’re going to be …
How much can you claim for a van? A self-employed special
Many self-employed business owners wonder about the most tax-efficient way to buy a van. In this blog, we focus solely on how this works for the self-employed or sole trader. …
Tax deductions for clothes, hair, make up and personal care – what’s the deal?
Are you the ‘face’ of your business. Or is your face actually your business? If so, what appearance-related expenses are tax deductible, and which are not? With increasing numbers of …
Can you claim expenses before a self-employed business starts?
It’s quite likely that as a new business owner, you’ll need to buy things to get your business rolling in advance, such as: stock website/s and hosting advertising IT hardware …
Self-employed motor expenses basics
Self-employed travel is actually more complex that many people think, so here’s our overview of the key rules. Is it relevant? As a reminder, the simple(?!) rule for whether something …
Tax return penalties – good news for those struggling to get the return done by 31/1/22
If you have to complete a 2020/21 tax return, the standard deadline to submit your return is 31st January 2022. As this date is coming up quick, you should be …
The Self Employed £1000 Trading Allowance Explained
We quite often see self-employed business owners paying tax where they don’t need to. This is almost always down to a lack of knowledge. The £1000 Trading Allowance is one …
Self-employed expenses: what you can claim (mostly)
If you are just starting out as self-employed, or have been for a while, here’s a refresher on the types of expenses you can claim in your tax return. Claiming …
The Self-Employed Grant 5 (Self-Employment Income Support Scheme)
A key measure that’s been used by the government to support the self-employed during the pandemic has been the Self-Employment Income Support Scheme, or SEISS for short. Under the SEISS …
- Page 1 of 2
- 1
- 2