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 […]
Author: Erik Wilson
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 […]
The Ultimate Guide to Running a Business Alongside Your Job
As the nature of work continues to evolve, more people are choosing to supplement their regular employment with self-employed pursuits. Whether through freelancing, running a […]
How Making Tax Digital for ITSA Helps Sole Traders Save Time and Money
In recent years, the UK government has embarked on an ambitious initiative aimed at overhauling the country’s tax system. This initiative, known as Making Tax […]
Non-Business Bad Debt: What You Can Deduct and How
Many individuals at some point in their lives have loaned money to a friend or family member with the expectation of being repaid. While the […]
Understanding the Difference Between Form 1099-NEC and 1099-K
As a new tax season begins, self-employed individuals, freelancers, and gig workers typically receive a variety of informational tax forms from clients, financial institutions, and […]
Filing Taxes as a Married Couple: Your Options Explained
Getting married is a major life milestone filled with joy, new beginnings, and responsibilities. While many newlyweds focus on planning a honeymoon or merging finances, […]
Understanding the Tax Benefits of Retirement Contributions
Saving for retirement is not just a critical part of long-term financial planning but also a strategic way to manage your annual tax bill. Whether […]