Paying tax is no one’s favourite job – so many people do what they can to reduce their bill either with tax planning, avoidance and even evasion! Most taxpayers will…
When you’re running a business you need to look after your accounts. And you might be considering whether you need outsource to a bookkeeper. Whether you’re a fledgling limited company…
Plans to introduce Making Tax Digital for the self-employed and those filing self-assessment have been pushed back two years. And the threshold for those who must file their accounts digitally…
There is often confusion around whether directors need to fill in self assessment forms. The simple answer is it depends! That may not appear to be helpful, but it really…
Most people in business worry about the taxman looking into their affairs. But how does HMRC make the decision to investigate the self-employed? Investigating sole traders may appear to be…
Many people submitting self-assessment returns maybe struggling to pay their tax bill. The 31 January deadline is difficult at the best of times, thanks to the Christmas break interrupting payments.…
As self-assessment deadlines loom, many people could end up receiving a higher tax bill than usual this year! On January 31, 2022, self-assessment tax returns, including activity from 6 April…
Contrary to popular belief being employed and self-employed are not opposites. This means you can freelance! Having a full-time salaried job while earning extra coin is likely to be welcomed…