Tax Tips and Advice for Freelancers and the Self Employed
Entering the world of self employment and being your own boss is extremely exciting. The one downside is dealing with the bureaucracy and regulation that running a business brings. Whatever the size or structure…
Before a business gets off the ground there are often a few start up costs incurred. Wholly and Exclusively Such costs can be recorded in the business accounts and claimed against tax assuming that they…
What is a Self Assessment? A Self Assessment is the Tax Return (referred to by the abbreviation SATR) that self employed people, or those with income not taxed at source, in the UK complete each…
If you operate your business via a Limited Company you’ll likely receive remuneration for your efforts via a salary and dividends. As well as doing all of the filing of accounts and Corporation Tax Returns…
Many self-employed people (AKA sole traders) who complete a Self-Assessment tax return for the first time are left somewhat baffled when their tax bill is much bigger than expected. It happens because after they file their first…
