Free Webinar Making Tax Digital for Income Tax- Why You Should Prepare Now
Thurs June 16th, GoSimpleTax and ListenToTaxman bring you a free webinar on Making Tax Digital for Income Tax. Sign up here...
The Self Assesment extension and what it means to you?
If you missed the 31st of January filling and payment date for your return, you may want to read this article.
A breakdown of late Self-Assessment fines and penalties
Here we show just how much a late return and /or a late payment on your self-assessment could cost you.
Self-Assessment Guide by Listentotaxman
Our guide to making your online self-assessment return with tips on reducing your tax bill and avoiding fines.
Working from home - allowances for the self-employed (updated for 21/22)
Self-employed guide to claiming allowances for working at home
Self-Employed Expenses made Simple
This guide explains what expenses can be used to reduce your tax bill. There may be a few you had not thought of!
How will NIC increases to pay for health and social care affect you?
GoSimple Tax article on the social care tax rise passed in yesterdays Commons vote. How will it effect sole traders, employees and landlord's?
How to claim mileage allowance when you are self-employed
Mileage for self-employed explained.
Guide: Payment on Account Updated 2021
An updated Guide to Payment on Account for the Self-employed for 2021/22
Making Money Online: When A Hobby Becomes Taxable Income
Wondering about the tax implications of a hobby? When do you need to let HMRC know?
Tax implications of the SEISS- Getting To Grips With Grants and your Self Assessment
How will the Self-Employed Income Support Scheme impact your next Self Assessment return?
The First 5 Steps To Self-Employment
We take you through the initial steps to going solo.
Understanding the SEISS Extension
If you’re self-employed, the latest U-turn in government policy could well benefit you. Instead of ending on the 1st October 2020, the Self-Employment Income Support Scheme (SEISS) is extending to April 2021.
Self Employed- The end of the traditional Self Assessment return is nigh
HMRC extend Making Tax Digital rules to all VAT registered and Self Assessment returns starting 2023.
Self-employed: Should You Defer Your Second Payment On Account?
Some guidance on COVID caused deferral of taxes, due on the 31st July.
Tax Guide to Going Self-Employed (Becoming a Sole-Trader)
Our guide to the tax implications of branching out on your own.
UK Contractors; Limited Company vs Umbrella 2020-2021 tax year update
With the impending IR35 changes right around the corner, the Limited vs Umbrella debate is on a lot of contractor’s minds. But what really is the difference and which one will be most beneficial to you?
Sole Trader vs Limited Company – Our Analysis
Which is the better option for you?
Beginners Guide to Contracting through a Limited Company
Wondering about setting up a limited company to offer your trade/services through?
Self-employed Sole Traders - where do you start in the new tax year?
Tax planning Guide for Self-employed Sole Traders.
A Guide To Self Assessments For Taxi Drivers 20/21
Taxi Drivers are expected to accurately report their income while simultaneously submitting evidence of fuel and maintenance fees – often resulting in a last-minute search for invoices and receipts.
Start The New Year Right – File Today
January 31st marks the deadline for your Self Assessment tax return. If you have yet to submit, it’s now more important than ever to prepare your documentation and receipts – and get back to earning. COVID update 2020 deadline changed to 28th of February.
Stress-less tax returns (well almost)
Dreading January? As a self-employed sole trader, we’re going to guess that’s a yes – unless you’ve managed to file your Self-Assessment tax return already. Getting this monumental task completed early is no mean feat. But it is possible to get through the tax season without experiencing a stressful sprint to 31st January.
Do I Need To Register As A Self-Employed Sole Trader?
Are you unsure about whether you need to register as Self-Employed for tax purposes? Our guide can help you.