107FollowersFollow
7,115FollowersFollow

SELF ASSESSMENT

Self Employed: Can I Claim for the Cost of Training Courses?

When you are self employed it is really important to stay on top of your game to maintain a competitive edge.  So with no...

How are Payments on Account Calculated?

The concept of payments of account can be confusing and be the cause of unexpected tax bills.  Understanding how payments on account are calculated...

Self Employed Allowable Expenses List

Generally speaking, business expenses are tax allowable if they are ‘wholly, necessarily and exclusively’ incurred in the performance of your business.  So if you are a...

What is the Self Employed Mileage Allowance?

The Self Employed mileage allowance when you use your car for business purposes is 45p per mile up to the first 10,000 miles per year...

How to Get a UTR number

A UTR (Unique Taxpayer Reference) Number is a 10 digit number that HMRC that you get if you are are registered for Self Assessment. It is a reference number that is...

Tax Advice for Bloggers

Do what you love and you will never work a day in your life. Unfortunately the taxman may disagree and as much as you feel...

LATEST

how to calculate payments on account

How are Payments on Account Calculated?

The concept of payments of account can be confusing and be the cause of unexpected...
How to Register as a Sole Trader

How to Register as a Sole Trader

Becoming a sole trader can be a life changing decision to make, one which may...
Last minute cancellations when you are self employed

How to Deal with Last Minute Customer Cancellations

Time is Money. But if only everyone understood and respected that. When you are self employed...
How Much Tax To Pay as a Sole Trader

Sole Trader Tax: Work Out What You Need to Pay

If you are considering becoming a sole trader you must be aware of the tax...
Amazon Flex Tax Benefits

Amazon Flex Tax Benefits

Join Amazon Flex, Be Your Own Boss and Enjoy Some Great Tax Benefits Record numbers of...
CAN A SOLE TRADER HAVE 2 BUSINESSES-

Can A Sole Trader Have Two Businesses?

Yes, A Sole Trader Can Have Two Businesses There is no restriction on the number of...
Do I Need a Business Account

Do I Need a Business Account?

HMRC advice is that it is preferred for you to open up a business bank...
HMRC Tool: Check if You Need to File A Tax Return

HMRC Tool To Check If You Need to File a Tax Return

Confused whether you need to submit a tax return by 31 January 2018, for the...
Self Employed: Can I Claim a Laptop as a Business Expense

Self Employed: Can I Claim for the Cost of a New Laptop as a Business Expense?

If you are Self Employed or a Freelancer the responsibility of delivering products or goods...
What is a Personal Allowance

What is a Personal Allowance?

What is a Personal Allowance? The Personal Allowance is an amount set by the Government that you can...