Business Guides - Tax Advice
When you are running your freelance business it can be difficult to determine what files and financial records you need to keep. Here we look at the financial records freelancers need to keep.
Making Tax Digital (MTD), which started its first phase on April 1 2019, is one of those schemes that many people will have heard of but don’t actually know much about.
The guide highlights what to do if you’re investigated by HMRC. The main points highlighted included how the enquiries are triggered, what are the red flags, what happens when HMRC decide to investigate and what are the possible outcomes.
Here’s some important tax information to take into account if you are a freelancer or looking to go self-employed. This need-to-know- tax information for freelancers guide will help you get started on your taxes.
A guide for freelancers on the expenses they can claim on their self-assessment. The self-assessment deadline is right around the corner, therefore freelancers need to get their taxes into order.
As a freelancer, do you always feel dread whenever tax season comes? In theory, you should always keep your accounts in order. It can be difficult to keep on top of your accounts and taxes, here are some tips on managing your taxes efficiently.
The tax rates and allowances for the year 2019/20 that are most relevant to small businesses. Although, this may change due to Brexit.
As John Antell explains, in England and Wales there are a number of professions who provide tax advice.
Assessing the cost and relative value of professional tax advisors and accountants '“ and finding out where to get free advice.
Even the Inland Revenue get things wrong. If you really think the Taxman is asking for more tax than is legally due, there are ways to appeal '“ and taxpayers do successfully overturn tax demands and determinations.