The tax implications of a summer side hustle
Posted on May 27, 2026 Posted in - Blog, Blogs, self-employed, TaxWith summer coming soon, many people are looking for ways to earn some extra cash.
With summer coming soon, many people are looking for ways to earn some extra cash.
Despite becoming mandatory for sole traders, landlords and self-employed individuals with qualifying incomes over £50,000 from 6 April 2026, 65 per cent have still not registered for Making Tax Digital (MTD) for Income Tax.
There are two things that are certain in this life: death and taxes. So why is it that you hear different tax advice from influencers, accountants and your mates down the pub? That would be because some people give tax advice when they are not actual experts.
A new headline finding from YouGov this month has found that 47 per cent of Britons would support a tax on work done by AI – with only 20 per cent opposed to such a tax.
HMRC has obtained new data from PensionBee and it has revealed a worrying trend about self-employed workers’ tax returns.
With a greater awareness of marketing strategies and a growing presence of Gen Z workers, more businesses are turning to TikTok to grow their brands.
If businesses feel as though they are paying more tax than ever, there is a reason for that.
HMRC has sent out a message to some of the 12 million people with Self Assessment tax accounts in the last week or so, alerting them to the need to file their next Self Assessment tax return.
Many employers are on the lookout for new means to attract talent to their business in an increasingly competitive labour market, but many aren’t aware of annual health screenings and their tax-efficient benefits.
From 1 April 2029, all VAT-registered businesses will need to change the way that invoices are handled.