Business Guides - Tax Advice

What you need to know about the SEISS 2nd and final grant

With a second grant opening in August 2020, a number of freelancers are set to benefit from further financial assistance.


Freelancers’ Questions: Why will a Spanish client want an EORI number, and VAT waived?

Reassurance for a part-time freelancer, not aware that self-employment and sole trading is one and the same.

Freelancers’ Questions: Is tax due on US income if I left Italy to be a UK sole trader?

Expert helps a self-employed creative eying a new start in Britain, albeit with an old client.

Thinking of going self-employed? Know this first

Thinking of going self-employed? We explain everything you need to know about your tax obligations as a freelancer/self employed in the UK.

Tax Rates and Allowances 2020/21 for freelancers

Here are the main tax rates and allowances for 2020/21 for freelancers. This guide will highlight any changes made from the previous tax year. 

10 Things to know about the Self-employment Income Support Scheme

Here are 10 things to know about the self-employment income support scheme and how to plan for the coming weeks if you miss out on the grant.

How to freelance in the UK for overseas clients

As a UK freelancer who carries out work for overseas clients, or who is based overseas yourself, you might wonder where and how to pay your tax bill. We look at how you can freelance in the UK for overseas clients

What can freelancers do to reduce their tax bills this year?

Saving money wherever you can is a priority for freelancers so here are ten things freelancers can do to reduce their tax bills this year. 

The impact Brexit will have on freelancers

As the Brexit machine continues to grind away, UK freelancers remain poised to discover exactly what will happen to them.

A complete freelancer’s guide to hiring accountants

Whether you are just starting out or are an established freelancer, you may need to look at hiring accountants for your freelance business. 

Common mistakes freelancers make when filing a self-assessment tax return

We look at some of the most common mistakes freelancers make when filing a self-assessment tax return and how to actually fix them. 

What financial records do freelancers need to keep?

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. 

What freelancers need to know about Making Tax Digital

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.

What to do if you’re investigated by HMRC

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. 

Need-to-know tax information for freelancers

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. 

Expenses freelancers can claim on their self-assessment

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. 

Top 5 Tax Tips for Freelancers

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. 

Tax and rates allowances 2019/20 for freelancers

The tax rates and allowances for the year 2019/20 that are most relevant to small businesses. Although, this may change due to Brexit. 

Where do you go to for tax advice?

As John Antell explains, in England and Wales there are a number of professions who provide tax advice.

Do I need to pay an accountant for financial and tax advice?

Assessing the cost and relative value of professional tax advisors and accountants '“ and finding out where to get free advice.

I've got a tax assessment and I don't think it is right. How do I appeal?

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.