Filing your Self Assessment tax return is a legal obligation for millions of UK taxpayers, particularly those who are self-employed, company directors, or have multiple […]
How to Pay Tax When You’re Self-Employed or Freelancing: A Complete Guide
Navigating taxes as a freelancer or self-employed professional can feel daunting, especially when it’s your first time managing your finances outside of traditional employment. Unlike […]
Top Time Management Apps Every Self-Employed Professional Should Know
Running your own business is both exciting and demanding. It allows you the freedom to shape your schedule and build something on your terms, but […]
Top Tax Concerns for Student Landlords and How to Handle Them
Becoming a student landlord may appear to be a lucrative path, especially with consistent demand in university towns. However, it is not a straightforward process […]
Incorrect Tax Return Submitted? What to Do and When to Act
Filing a tax return can be a complex task, especially when dealing with multiple income streams, deductions, and allowances. Even with the best intentions and […]
Child Benefit Threshold Tips: Save More with Smart Income Planning
In a bid to reduce public spending by £1.5 billion, HMRC introduced the High Income Child Benefit Charge (HICBC), which took effect from 7th January […]
Selling Online for Profit? Here’s When and How to Pay Income Tax
Over the past decade, selling online has become a part of everyday life. Whether through eBay, Depop, Etsy, Facebook Marketplace, or even niche reselling platforms, […]
Self-Employed Hairdresser Tax Guide: Maximise Income and Minimise HMRC Stress
Choosing to work independently as a hairdresser or barber offers the flexibility to build your own client base, set your own hours, and decide how […]
Essential Tax Return Tips Every Sole Trader Should Know
If you operate as a sole trader and your earnings exceed £1,000 in a tax year, registering with HMRC as self-employed is a legal obligation. […]
MTD for ITSA Overview: Digital Record‑Keeping and HMRC Submissions
The UK tax system is undergoing a significant transformation through a government initiative known as Making Tax Digital. This programme is designed to modernise how […]