Posts in Category: Self-Assessment

         

If you're an artist working as a Sole Trader in the UK, there are many things you can claim back as expenses for your work. Every penny you claim as…

One confusing area around claiming expenses for you business is the difference between a capital expense and an operating expense. It is important to understand the difference between them because…

Yesterday we saw Philip Hammond’s third budget since he became chancellor and the first since last June’s general election. Billed as the Brexit Budget it has, as always, attracted mixed…

Many self employed people struggle to understand how self-assessment works - especially the fact that your return covers the previous tax year and not the current. So when HMRC and…

With the Self Assessment deadline approaching, make sure you have your tax returns ready and filled in by 31 January. Otherwise, you might need to make up an excuse just…

Many sole traders start their business as either a hobby or a sideline to their ‘day job’. For those who make the jump to becoming self-employed, there comes a critical…

The 31st October (paper submissions) and 31st January (online submissions) tax return deadlines are approaching fast! Around this time, millions of British self employed people just like you will be…

Becoming self-employed is a big step for anybody and tax is always a scary thing. While you might be one of the best photographers in the UK or the star…

The dreaded January Self Assessment deadline is near! Which means it is time for taking out those stored receipts from folders, shoe boxes, and pockets and starting your Self Assessment.…