Personal Tax
Making Tax Digital for Income Tax: who’s affected and what to do
MTD for Income Tax started in April 2026 for sole traders and landlords over £50,000. Who joins when, how quarterly updates work, and what limited company…
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Practical guides on limited company accounting, IR35, expenses, VAT and tax — for contractors, freelancers and growing businesses.
Personal Tax
MTD for Income Tax started in April 2026 for sole traders and landlords over £50,000. Who joins when, how quarterly updates work, and what limited company…
Personal Tax
Understand HMRC's Payments on Account: key deadlines, managing extra income, and avoiding interest. Essential tax guidance for UK taxpayers.
Personal Tax
Before we explain how to register as a self-employed individual, let's look at what it means to be self-employed or a sole trader. A person who…
Expenses
The complete list of limited company allowable expenses for 2026/27 — plus the director allowances people miss (£6 home working, trivial benefits, pensions) and what HMRC…
Expenses
Thinking of purchasing a van through a limited company? Let's look at the benefits of buying a company van and the tax treatment of each purchase…
Limited Company
Understanding the difference between salary and dividends is the first step to paying yourself from a limited company. Next you can setup payroll, calculate company profit,…
Limited Company
Contractors, freelancers & creators may want to protect their business assets and activities. See how to set up a limited company and the benefits included.
Limited Company
A dormant company can be setup when it's incorporated or later on after it's trading. There is a difference between a non-trading company and a dormant…
VAT
The Flat Rate VAT scheme allows businesses to simplify their VAT returns. This guide will help you to quickly understand what it means for your business.
IR35
IR35 is often overlooked or feared by contractors.Here are 5 simple IR35 questions you can ask yourself to minimise your risk of being caught by HMRC.
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