What expenses can I claim as a freelancer? A simple guide
As a sole trader or worker, one of the worst things about your job is having to pay taxes on...
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How to Contribute to a Personal Pension Scheme as a Self-Employed Worker
When you work for yourself, it could be difficult to comprehend how to benefit from pension plans. Those who are...
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How to Pay National Insurance for the Self-Employed?
A big part of the UK's aid system is National Insurance. The Basic State Pension, the Maternity Allowance, and the...
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What are the Self Assessment tax Return Mistakes to Avoid?
Self-assessment is how HMRC takes out income tax from people who work for themselves or make money that isn't taxed...
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A Complete Guide About The Self Employed Pension UK
In the UK, self-employed individuals often find retirement savings to be an exceptionally difficult task. Individuals who operate their businesses...
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A Complete Guide On How To File Self Assessment Tax Return
Filing your self-assessment tax return isn't impossible if you know how to perform all the legal proceedings. Through a system...
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What is the Difference Between Annual Return and Annual Accounts?
“Annual return vs Annual accounts” is a confusing statement for many business owners, especially those who are new to company...
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Failure To Notify HMRC Of Self Employment And Its Penalties
People who are self-employed in the UK have to notify HM Revenue and Customs (HMRC) about their self-employed status. Although...
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What is the Self-Employed Teacher Tax Owed to HMRC?
Are you unsure of how self-employed teacher tax is calculated? A self-employed teacher's monthly income can vary greatly, as is...
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Top 5 Self Employed Tax Deductible Expenses
In this article, we cover self employed tax deductible expenses. Allowable expenses might lower your self-assessment tax liability if you...
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How Legally Do You Avoid CGT On Gifted Property? A Guide
One of the largest concerns when determining whether you should gift property as a gift to family members or relatives...
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What is the Company Car Tax, And How Can it Be Reduced?
The company gives an employee a car for both work-related and personal travel also called fleet car. It might serve...
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What Is A Tax Code? How Do They Work? Complete Guide
HMRC may owe you money or you may owe them money if you are on the incorrect tax code, but...
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A Best Guide To Understand What Is Paye On Payslip
There are many cuts that you can see on your payment, and "paye" is one of them. You came to...
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How To Update HMRC Payslip Tax Code | A Complete Guide
Everything you need to know about the HMRC payslip tax code and why it can allow you to get cash...
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What is P60? Why is it Important? Why is it Needed?
What is p60? The P60 form, which summarises an employee's total compensation and tax deductions for the fiscal year, is...
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What is Back Pay on Payslip?
Late pay can occasionally be confusing to both employers and employees in the UK. Whether a late payment is the...
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Best Self-Employed Allowable Expenses Guide Overview
The majority of self-employed individuals, such as independent contractors, freelancers, and sole traders, are required to pay income tax on...
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A Complete Overview of the Non-Resident Landlord Scheme
Whether you are a non-resident landlord or a renter, we go into greater depth about the non-resident landlord scheme (NRLS)...
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A Complete View of the Construction Industry Scheme Guide
The main purpose of the Construction Industry Scheme (CIS), a significant part of the tax system in the United Kingdom,...
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The Best Guide to Get to know About the Flat Rate VAT Scheme
The majority of people will know what VAT is. It's possible that many are unaware that one-third of all fiscal...
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