Driving instructors across the UK have returned to the roads following extended lockdowns, equipped with new hygiene protocols and a renewed demand for their services. […]
Author: Erik Wilson
MTD for Income Tax vs Self Assessment: A Complete Guide for Small Businesses
Making Tax Digital for Income Tax is set to change how sole traders and landlords across the UK report their earnings. This new system, scheduled […]
Living Abroad and Renting UK Property? Tax Guidance for British Expats
Relocating abroad often feels like a fresh start, but when it comes to tax obligations, many British expats face unexpected complexities. Moving overseas doesn’t automatically […]
How to Claim a CIS Tax Refund Fast: A Guide for Self-Employed Subcontractors
The Construction Industry Scheme, more commonly referred to as CIS, is a government-led initiative in the United Kingdom aimed at improving tax collection within the […]
Understanding Income and Capital Gains Tax on Jointly Owned Properties
Owning a rental property with another person can be a rewarding investment strategy that generates consistent income. Whether the arrangement is with a spouse, family […]
How to Turn Your Hobby into a Profitable Small Business
Many people spend their free time doing something they genuinely love. Whether it’s baking artisan bread, making handmade candles, creating custom artwork, sewing clothes, restoring […]
British Expats and UK Taxes: When You Must File a Self Assessment Return
Relocating abroad can offer many lifestyle and financial benefits, but for British citizens, UK tax responsibilities may still apply. Even after establishing residence in another […]
Tax-Free Rental Income: A Beginner’s Guide to the Rent a Room Scheme
In recent years, renting out a room in your main residence has become an increasingly common way to generate extra income. With property prices rising […]
Avoiding Tax Fines: Steps to Take After Missing the Self Assessment Deadline
Missing the Self Assessment tax deadline is not uncommon. Every year, thousands of individuals, especially those filing for the first time or with fluctuating income, […]
Most Common Self Assessment Tax Filing Errors UK Taxpayers Make
Every year, millions of individuals in the UK are required to submit a Self Assessment tax return. This process applies to self-employed professionals, landlords, those […]