The Basics of Self Assessment: What You Need to Know
Self Assessment is how HMRC collects tax on income that isn't taxed automatically. Find out who needs to file a return, what to include, and how to meet the deadline without a last-minute rush.
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Self Assessment is how HMRC collects tax on income that isn't taxed automatically. Find out who needs to file a return, what to include, and how to meet the deadline without a last-minute rush.
How small business owners in the UK can manage taxes, expenses, and cash flow without losing their minds. Practical tips on budgeting, tools, and when to call in an accountant.
Essential taxes for a new UK limited company: Corporation Tax, PAYE, VAT, and Self Assessment, with current rates and deadlines explained.
Do limited companies need an accountant? Not legally, but here's what one actually saves you, and what your alternatives look like.
Business expenses reduce your tax bill, but only if you claim them correctly. Learn what qualifies as an allowable expense, how to claim as a sole trader or limited company, and what records HMRC expects you to keep.
A dividend is a share of company profits paid to shareholders. Find out what dividends are, how they're taxed, how to pay them correctly, and why many limited company directors use them as part of their income strategy.
Do I need a limited company for an online business? Not legally, but it comes with real advantages, and some trade-offs too.
Sole traders do not need to register with Companies House. You do need to register with HMRC for Self Assessment. Here's what that involves and what else you're responsible for as a sole trader.
Interior design business: sole trader vs limited company, weighing up liability, tax, and credibility to pick the right structure.
Sole trader vs limited company: the real differences in tax, liability, and paperwork, so you can pick the right structure for your business.