Self-employment - overview
Being a self-employed sole trader can be a straightforward way to be in business - but you need to comply with your tax obligations. Our guide.
HELPING SMALL BUSINESSES SUCCEED
Self-employment can be a straightforward way to start up in business. Read practical information about self-employment status, taxes and tax planning.
Being a self-employed sole trader can be a straightforward way to be in business - but you need to comply with your tax obligations. Our guide.
Effective tax planning is essential if you are to minimise your tax bills. Simple tax planning can significantly reduce your tax liabilities.
Many businesses start out as part-time jobs or hobbies that develop into a business. It's possible to be employed and self-employed simultaneously.
How to calculate allowable motor expenses when you're self-employed.
If you own a business, have property or have savings, personal tax planning can help you reduce your income tax bill, stamp duty and capital gains tax.
If you are a sole trader or in a partnership, you are liable for profit-related Class 4 National Insurance (NI) contributions.
Businesses and individuals must account for and pay various taxes. Understand your tax obligations and how to file, account and pay any taxes you owe.
If you don’t have a Unique Tax Payer Reference (UTR), you won’t be able to file your self assessment tax return - which could lead to some heavy fines. Here's how to get your UTR.
Understanding the financial records and receipts that you must keep and the expenses you can claim: a guide for self-employed sole traders.
Working from home? What expenses can you claim when you are self-employed and work from home? Our FAQs answer all your questions on allowable expenses.
Sole trader vs limited company. We look at the pros and cons of each business type and find out when to turn a sole trader business into a company.
Tax planning can help you pay less tax, including personal tax, business taxes and inheritance tax.
Managing your small business expenses requires organisation. Getting them wrong can be costly but getting it right means you will claim all your allowable expenses.
Tax rules for hairdressers and barbers: a guide to claiming expenses and completing a self assessment tax return for hairdressers.
Frustrated that a big slice of your profits goes to the taxman? Ben Dyer explains how to (legally and ethically) minimise how much tax you pay.
Guide to tax for self-employed workers including income tax and National Insurance rates for UK freelancers and sole traders
What's the most tax-efficient way to take money out of your limited company? Accountant Raphael Coman compares taking a salary with taking dividends.