Blogs

Can You Claim Childcare Costs When Self-Employed?

Can You Claim Childcare Costs When Self-Employed?

When you're self-employed, juggling job and personal life may be challenging especially when it comes to child care. Knowing that...
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How to File VAT Returns as a Self-Employed Worker?

How to File VAT Returns as a Self-Employed Worker?

UK residents are required to pay VAT. Sellers receive VAT from customers and forward it to HMRC. Working for yourself...
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Self Assessment Tax Return for Side Hustles: A Complete Guide 2025

Self Assessment Tax Return for Side Hustles: A Complete Guide 2025

Is it necessary to file a self assessment tax return for side hustlers in the UK in 2025? Many side...
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How to Plan for Your Self-Employed Tax Bill in the UK?

How to Plan for Your Self-Employed Tax Bill in the UK?

As a self-employed person in the UK, it can be hard to keep track of your taxes. But if you...
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What Are the Tax Implications of Going Self-Employed?

What Are the Tax Implications of Going Self-Employed?

If you work as a self-employed individual, you have both advantages as of freedom and responsibilities regarding tax implications. You...
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How to Claim a Capital Allowance for Self-Employed Workers?

How to Claim a Capital Allowance for Self-Employed Workers?

Businesses and the self-employed in the UK can deduct the cost of specific business-related assets from their taxable income thanks...
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Claim Tax Relief on Charitable Donations When Self-Employed

Claim Tax Relief on Charitable Donations When Self-Employed

There are different ways that HMRC can help people who donate to charity. It's different for sole traders, partnerships, and...
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Can Self-Employed Workers Claim State Pensions?

Can Self-Employed Workers Claim State Pensions?

The State Pension changed on April 6, 2016, for people who will be getting it after that date. Men born...
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What expenses can I claim as a freelancer? A simple guide

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

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?

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?

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

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

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?

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: Avoid Penalties and Fines

Failure to Notify HMRC of Self-Employment: Avoid Penalties and Fines

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?

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

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

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?

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

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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