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Everything you need to know about VAT

VAT Domestic Reverse Charge Delayed until March 21

16 June 2020

A 12-month delay has been announced by the Government for the UK-wide rollout of the new VAT domestic reverse charge within the construction industry. The reverse charge had been set to come into force on October 1st, 2020.

Sector-specific guidance on social distancing in the workplace

09 April 2020

On 7th April, a report released by the Department for Business, Energy & Industrial Strategy gave extra guidance for those working in various key sectors. We've broken down what it means for tradespeople, construction workers and logistics professionals.

How to avoid COVID-19 scams

26 March 2020

It can be difficult to believe that some people out there would use the coronavirus outbreak as an opportunity to commit fraud. Sadly, it happens. Fraudsters all over the world have been using the situation for financial gain, so we wanted to let you know what you should keep an eye out for.

Top 5 ways to minimise your expenses

24 March 2020

You might have been made redundant, put on furlough, or you’re still working. Whatever your current situation, you’re probably keen to keep your spending down. We’ve gathered five top tips on what you can do to minimise your outgoings.

IR35 delayed in light of COVID-19

18 March 2020

In a surprising announcement last week in response to the COVID-19 crisis, the off-payroll reforms have been delayed until 6th April 2021. We take a look at what that means for contractors.

What is Class 4 National Insurance? | Sole Trader Nl

09 January 2020

National insurance (NI) is a tax you pay on any earnings and income when you start work. The national insurance contributions you make help to pay for things like state benefits, statutory sick pay, maternity leave, and various other employment benefits.

Self-employed health: Are you neglecting yours?

12 December 2019

Working for yourself comes with stacks of benefits. From choosing how you work to who you work with, being self-employed gives more than 4.98 million people in the UK the opportunity to be their own boss. But the latest research from AIG Life has found that life as a self-employed person might have unexpected health implications.

Here's what you need to know about the UK's ULEZ scheme

19 August 2019

London has suffered illegal levels of air pollution for many years, having been at the heart of the Industrial Revolution and a centre for innovation through the centuries. The pollution will continue to be a problem if something isn’t done about it. This is why the ULEZ scheme was introduced.

Everything you need to know about VAT

06 August 2019

If you're self-employed, you'll need to know about VAT. We’re here to debunk some of the myths and help you understand how, as a self-employed person working in the UK, you can use VAT registration to your advantage.

Everything you need to know about Making Tax Digital

21 June 2019

Making Tax Digital is the name of the Government plan which changes the way UK businesses file their tax returns. We’ve put together everything you’ll need to know about Making Tax Digital so you can focus on doing what you do best, without stressing about the changes.

Ultimate Guide to becoming a self-employed Sole Trader

09 January 2019

Making the leap to self-employment can feel scary. Stepping away from the reliability and security of Pay As You Earn (PAYE) employment has its risks but opens the door to a lot of opportunities. Read our guide to help you decide if it is right for you.

The ultimate guide to managing your self-employed business expenses

11 October 2018

Whether you’re a self-employed contractor, freelancer or sole trader, you’ll know that running a business is expensive. There are lots of things you can claim for in your Self Assessment. This article will help you make sure you claim everything you're entitled to as a self-employed person.

Are you self-employed? Do you claim travel expenses?

26 July 2018

If you’re self-employed, chances are you might find yourself having to travel for work and claim travel expenses. What you can and can’t claim for in your tax return can become a bit of a minefield! Get the facts on what you can and can't claim for.

What is the VAT Flat Rate Scheme?

26 June 2018

With the VAT Flat Rate Scheme, you still charge your clients 20% VAT, but will no longer have to pay HMRC the full 20%. You will now pay a fixed percentage of your VAT inclusive of turnover, depending on your business type.

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