Money laundering regulations are essential in preventing criminal funds from entering the legitimate financial system. These rules are designed to ensure that businesses play their […]
Author: Erik Wilson
Late Self Assessment Filing? Here’s What You Need to Know Right Now
Each year, 31 January marks a critical point for millions of taxpayers across the UK. This is the final date for submitting your Self Assessment […]
Freelancer Success Starts Here: Master Your Business Expenses
For anyone taking the plunge into freelancing, managing money effectively is just as critical as honing your skills. When you become a self-employed sole trader, […]
Maximize Your Paycheck: A Teacher’s Guide to Claiming Work Expenses
Teachers play a vital role in shaping future generations, yet they often do so while shouldering significant financial burdens. From purchasing classroom supplies to funding […]
Tax Return Disasters: Excuses So Bad They’re Almost Genius
Missing the Self Assessment tax return deadline happens — sometimes for unavoidable reasons. HMRC provides some flexibility for genuine circumstances. But every year, a number […]
Essential Tax Tips for Tradespeople: Maximize Deductions and Boost Profits
For self-employed tradespeople in the UK, understanding how to handle taxes is a vital part of running a successful business. Whether you’re a carpenter, plumber, […]
Red Flags to Watch When Working with Overseas Freelance Clients
Working with clients across borders can be exciting and financially rewarding, but it also introduces several risks. As a freelancer, you may face hidden transaction […]
How Liam Found Tax Heaven in Just 30 Minutes: A Wealth Shortcut
Liam is a seasoned web consultant who spends most of his professional time analysing and building user-friendly websites. But despite his technical background and comfort […]
How to Register as a Self-Employed Gig Worker and Maximise Your Tax Deductions
In the last five years, the number of gig workers in the UK has more than tripled, reaching over 4.5 million. This increase reflects the […]
Do I Need to Pay Tax on My Side Hustle Income? HMRC Filing Guide
Side hustles are no longer a niche trend in the UK. With the rising cost of living and increased opportunities to earn money online or […]