by Kate | Sep 11, 2026 | Accounting Basics, Bookkeeping, Making Tax Digital, Self Assessment, Sole Trader Guides
Running a business creates paperwork, even when most of it is digital. Good record keeping makes bookkeeping easier, helps you claim the right expenses and means the information you need is ready when it comes to dealing with HMRC. What records should a sole trader...
by Kate | Aug 28, 2026 | Bookkeeping, Self Assessment, Sole Trader Accounting, Sole Trader Guides, Starting & Running a Business, Tax
Running a business costs money. Tools, software, travel and other everyday business costs can all affect how much profit you pay tax on. But not everything you spend counts as a business expense. Here’s what you need to know. What is an allowable expense? An...
by Kate | Aug 25, 2026 | Bookkeeping, Business Basics, Making Tax Digital, Self Assessment, Sole Trader Guides, Sole Trader Support, Starting & Running a Business
When you start working for yourself, there are plenty of decisions to make. One question that often comes up is whether you need a separate business bank account, or whether you can continue using your personal account. For most sole traders, the answer is...
by Kate | Aug 21, 2026 | Bookkeeping, Making Tax Digital, Self Assessment, Sole Trader Guides, Sole Trader Support, Starting & Running a Business
Starting your own business can feel exciting. Then come the questions. Do I need to tell HMRC? When do I start paying tax? What records am I supposed to keep? Do I need a business bank account? If you have started working for yourself, getting a few things organised...
by Kate | Aug 18, 2026 | Bookkeeping, Sole Trader Guides, Sole Trader Support, Starting & Running a Business
When you start working for yourself, managing your own accounts can feel like part of running the business. You send your invoices, keep your receipts and deal with your tax return when the time comes. But as your business gets busier, there may come a point when...
by Kate | Aug 14, 2026 | Bookkeeping, HMRC, Making Tax Digital, Sole Trader Guides, Sole Trader Support
If you’re a sole trader who should already be using Making Tax Digital for Income Tax but haven’t signed up, there’s an important change coming. From September 2026, HMRC plans to start automatically signing up people it believes should already be within MTD. That’s...