by Kate | 25 Sep, 2026 | HMRC, Self Assessment, Sole Trader Accounting, Sole Trader Guides, Starting & Running a Business, Tax, Uncategorized
Started working for yourself? Whether you call it freelancing, a side hustle or running your own business, there comes a point when HMRC needs to know about it. If you earned money as a sole trader during the 2025/26 tax year, you may need to register for Self...
by Kate | 18 Sep, 2026 | Accounting Basics, Business Basics, Growing Your Business, Sole Trader Accounting, Tax, Uncategorized
VAT can sound like something you only need to think about when your business gets “big”. But if your income is growing, it’s worth understanding the rules before VAT registration becomes something you need to deal with quickly. Here’s the simple version. When...
by Kate | 28 Aug, 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 | 11 Aug, 2026 | Bookkeeping, Making Tax Digital, Sole Trader Guides, Sole Trader Support, Tax
Your MTD update has been submitted. So, what happens next? If you have sent your first Making Tax Digital quarterly update, you might be wondering whether there is anything else you need to do. The good news is that there is no separate tax return to complete after...
by Kate | 24 Jul, 2026 | HMRC, Information, Making Tax Digital, Sole Trader Guides, Tax
Making Tax Digital sounds complicated. It doesn’t have to be. If you’ve heard people talking about Making Tax Digital, you might be wondering what it actually means for you. The name sounds technical, but the idea is quite simple. It’s a new way...
