11 Benefits of Self-Employment
Want more control over your work and life? Self-employment is on the rise, and for good reason. It offers the freedom and flexibility many crave…
self employed
If you work for your self you are classed as self employed. Many small businesses are run on the self employed basis.
Proof of Income for Self-Employed
Being a self-employed person in the UK offers fantastic freedoms but presents unique challenges when you need proof of income. Demonstrating your earnings is essential…
Self Employed and Need Help Dealing with Tax?
From understanding your obligations to staying compliant, tax is one of the most dreaded parts of being self-employed. With January on the horizon, it won’t…
Understanding Your Side Hustle Tax UK: Navigating Extra Income Tax
Knowing how that income affects your taxes is crucial when your side hustle starts paying off. ‘Side hustle tax’ isn’t just a buzzword—it’s a reality…
Tax Returns for Self Employed
Tax returns for self-employed individuals are used to report income, expenditures, and other financial information to HMRC. The information collected calculates the amount of tax…
Record Keeping for Self-Employed
As a self-employed individual, you know the importance of keeping your records in order and up to date. From payments and invoices to tax filings…
Sole Trader Advantages and Disadvantages
Starting up a business as a sole trader is an attractive option for many entrepreneurs. There are many advantages to being a sole trader, not…
How to Budget If You Are Self-Employed – 7 Top Budgeting Tips!
Budgeting is not everyone’s forte. If you are brilliant at it, you probably aren’t reading this blog; if you’re here, it’s because you know you…
Making Tax Digital ITSA Delayed
HMRC have announced that making tax digital ITSA has been delayed to April 2026. ITSA is Income Tax Self Assessment. In this article, we will…
Making Tax Digital for Business
Making tax digital for business will start affecting the smaller businesses which are not registered for VAT. It is expected to commence in April 2019….