Aug 11, 2025 | Cloud Accounting, Creative Sector, Self Assessment, Self employed, Sole Trader, Tax, Tax Advice
Are you a sole trader, landlord, or both? Do you earn from property or self-employment? If yes, Making Tax Digital for Income Tax (MTD for ITSA) could soon apply to you. The rules are changing. Deadlines are coming. Preparation now will save stress later. This guide...
Jun 2, 2025 | Self Assessment, Tax, Tax Advice
You can Claim tax relief for work expenses online in 2025 If you spend money doing your job, don’t miss out on tax relief. You may be entitled to claim tax relief on work expenses, even if you have paid them yourself. If your employer hasn’t reimbursed you, then a...
May 26, 2025 | Self Assessment, Self employed, Tax, Tax Advice
What are the benefits of filing your tax return early. Why could this be one of the best financial decisions you make this year. While the Self Assessment deadline for the 2024/25 tax year isn’t until 31 January 2026, early submission has real advantages. Let’s break...
Apr 14, 2025 | Self Assessment, Self employed, Sole Trader, Tax, Tax Advice, Xero
MTD and Incorporation , not something you normally see in the same sentence. From April 2026, self-employed individuals and landlords earning more than £20,000 annually will need to comply. If that’s you, get ready for big changes in how you report your income. But...
Feb 15, 2025 | Accountancy, Self Assessment, Self employed, Sole Trader
Starting a business as a sole trader means lots of decisions to make and stuff to do. One of the first questions is whether to run the business as a sole trader to set up a partnership with others or whether to form a company How you operate your business determines...
Dec 3, 2023 | Budgeting, Money, Self Assessment, Tax, Tax Advice
If you’re a parent in the UK, you might be familiar with Child Benefit. It’s a helpful allowance provided to those responsible for raising a child. However, something called the High Income Child Benefit Charge (HICBC) goes hand in hand with it. Financial aid...