Business Guides - Tax Advice
Taxpayers start to go digital, but what do you need to know before making the jump over?
As a freelancer, come April 2024, Making Tax Digital is likely to impact you. Finding out more about MTD for ITSA now is recommended if you are reporting income and paying tax via Self Assessment.
If you are a self-employed contractor, freelancer or sole trader, here are your key questions answered regarding reporting and paying tax when you lease a vehicle for work.
If you haven’t already done so and you’re VAT-registered, you need to take steps to comply with MTD for VAT requirements.
If you are thinking of investing in cryptocurrency it's important to know what your obligations would be regarding reporting and paying tax.
Self-Assessment errors can be detrimental for freelancers, costing both time and money, an expense freelancers cannot afford to lose.
The Self-Employment Income Support Scheme has strict conditions, but how much you’ve previously paid HMRC isn’t one.
How to claim mileage allowance when you’re a freelancer who uses their vehicle for business purposes. We give you a breakdown on claiming mileage allowance.
No prescribed format for self-employed accounting doesn’t mean there aren’t dos and don’ts.
The SEISS grants are taxable which means that they are subject to Income Tax and National Insurance contributions in the tax year.
An overview for freelancers on when CGT is due; how to pay it, and how to get relief.
Working Tax Credit is a type of benefit designed to top up low income for people working in the UK, find out if you qualify.
There are a series of incoming tax changes that will impact how freelancers file their tax returns to HMRC as part of Make Tax Digital.
Here are the main tax rates and allowances for 2021/22 that the self-employed/freelancer community need to be aware of
It’s difficult to stay on top of tax law at a time of such uncertainty, so we have created this up to date guide on navigating taxes and deadlines.
Freelancers - Can you really afford to leave your self-assessment until 28th February? 10.7 million people submitted their 2019/20 self-assessment tax returns by 31st January deadline.
An expert on freelancing overseas ends a ‘viscous circle,’ but balks at the likely paperwork and controls involved.
A self-employed freelancer in the UK is required to have a Unique Taxpayer Reference (UTR) as it helps HMRC identify and process tax returns against the correct taxpayer’s records.
With everything else that’s been going on the information regarding IR35 may have got a little lost lately, so we thought we’d write a no-nonsense article to keep you up to date
With a second grant opening in August 2020, a number of freelancers are set to benefit from further financial assistance.
Reassurance for a part-time freelancer, not aware that self-employment and sole trading is one and the same.
Expert helps a self-employed creative eying a new start in Britain, albeit with an old client.
Thinking of going self-employed? We explain everything you need to know about your tax obligations as a freelancer/self employed in the UK.
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.
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.
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
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.
As the Brexit machine continues to grind away, UK freelancers remain poised to discover exactly what will happen to them.
Whether you are just starting out or are an established freelancer, you may need to look at hiring accountants for your freelance business.
We look at some of the most common mistakes freelancers make when filing a self-assessment tax return and how to actually fix them.