Self assessment tax return checklist for 2016/2017 January 01, 2018 Help and tips Infographics Self-Assessment Sole Trader Expenses
How to save more than £500 in tax? 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… December 27, 2017 Help and tips Self-Assessment Sole Trader Expenses
What is a capital expense and how is it different from OPEX? 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… November 30, 2017 General Help and tips Self-Assessment Sole Trader Expenses
2017 Autumn Budget - the good and the bad for small businesses 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… November 23, 2017 General Self-Assessment
What is payment on account and how does it work? 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… November 05, 2017 General Help and tips Self-Assessment
Top 10 Worst Excuses for Missing the Self Assessment Deadline 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… October 31, 2017 General Help and tips Self-Assessment
When should I register as a business? 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… October 01, 2017 General Help and tips Self-Assessment
Tax questions you won’t find answers to anywhere else 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… September 27, 2017 Help and tips Making Tax Digital Self-Assessment
Tax & self employment – 5 common mistakes and misconceptions 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… September 12, 2017 General Help and tips Making Tax Digital Self-Assessment Sole Trader Expenses
"Mine is Bigger than Yours" 1Tap's January giveaway 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.… January 16, 2017 General Self-Assessment