Each year, HMRC sets a strict deadline for online Self Assessment tax return submissions. That deadline is midnight on 31 January. The purpose is to […]
Self Assessment and Tax Advice for Accidental Landlords in the UK
In the UK, the role of a private landlord has evolved considerably. While some individuals intentionally enter the property rental market, a growing number become […]
Do You Live Abroad? Here’s What You Must Know About Paying UK Tax
More than 5.5 million British nationals are estimated to live permanently overseas. Among the most popular destinations are Australia with approximately 1.2 million UK citizens, […]
Top 20 Tax and Accounting Terms Every Sole Trader Needs to Know
You may be confident in your skillset or profession, but when it comes to the financial side of your business, tax and accounting terminology can […]
Paying UK Tax on Rental Property as an Expat: Complete Self Assessment Guide
When you decide to move abroad, it’s important to understand how this affects your tax status in the UK. Even if you no longer reside […]
How to Claim Business Travel Expenses on Your Self Assessment Tax Return
While digital communication tools have made remote meetings more accessible than ever, many businesses still rely on in-person interactions to build strong relationships and close […]
Do Students Have to Pay Tax on Part-Time or Freelance Work?
Balancing education with finances has never been easy for students, especially in recent years where the cost of living continues to rise. With tuition fees, […]
UK Tax Laws for Online Sellers: Avoid Fines with These Key Guidelines
Selling items online through platforms like eBay, Depop, Etsy, or Gumtree has become a popular way for individuals to earn extra income or even establish […]
Furnished Holiday Letting Explained: How to Qualify for Tax Reliefs
If you rent out your holiday home, you will need to complete a Self Assessment tax return, similar to any other type of property letting. […]
Maximise Deductions: Reduce Your Tax Bill If You Work for Yourself
Self-employment offers freedom and control that traditional employment often cannot match, but it also comes with full responsibility for financial management, especially where tax is […]