The tax implications of a summer side hustle
Posted on May 27, 2026 Posted in - Blog, Blogs, self-employed, Tax
With summer coming soon, many people are looking for ways to earn some extra cash.
Category: self-employed
Important updates to Making Tax Digital and late payment rates you might have missed in the Spring Statement
Posted on March 27, 2025 Posted in - Blog, Blogs, Making Tax Digital, MTD, Self Assessment, Self employed & self assessment, self-employed, SME, SMEs, Tax
This week’s Spring Statement brought two announcements that will matter to anyone running their own business or earning income from property.
Tightening the reins on ‘side hustles’ – Navigating HMRC’s new powers
Posted on January 3, 2024 Posted in - Blog, Blogs, Business, Self Assessment, self-employed, SME, SMEs, SMEs / Business, Tax
HM Revenue & Customs (HMRC) is now using new powers granted to them by the Government to target a key area of tax evasion – online traders. Read more…
How does your locus of control influence entrepreneurial success?
Posted on November 29, 2023 Posted in - Blog, Business, Business Advice, Business Blog, self-employed, SMEs, SMEs / Business
Running a small business involves a lot more than juggling logistics. Knowing how to tackle and overcome challenges is an essential aspect of entrepreneurship.
Becoming a freelancer – setting up a limited company
Posted on November 22, 2023 Posted in - Blog, Blogs, Business, Business Advice, Business Blog, Business News, Business Start-ups, Finance, self-employed, SMEs, Start ups
When making the decision to become a freelancer, you have two options. You can either set up as a sole trader or start a limited company.
Crafting success: Selecting the right business framework
Posted on September 13, 2023 Posted in - Blog, Blogs, Business, Business Advice, Business Blog, Latest News, News, self-employed, SME, SMEs, SMEs / Business, Start ups
In order for your business to be both financially secure and successful, you need to ensure you choose the right business framework.
Thousands file tax returns on Christmas Day
Posted on January 4, 2023 Posted in - Blog, Blogs, Business, self-employed, SME, Tax, Tax News
More than 22,000 taxpayers went online over Christmas Eve, Christmas Day and Boxing Day to complete their Self-Assessment tax return.
HMRC asks sole traders to correctly report SEISS grants or “repay in full”
Posted on November 4, 2021 Posted in - Blog, Business Blog, Self Assessment, Self employed & self assessment, self-employed
Sole traders who have not correctly reported their Self Employment Income Support Scheme (SEISS) grants may be forced to repay them in full, it has been warned.
Are you a Self-Assessment taxpayer?
Posted on October 26, 2021 Posted in - Accountancy, Accounting, Blog, Self Assessment, Self employed & self assessment, self-employed, Tax, Tax Blog
If you are, then keep reading… Read more…
Self Employed? HMRC’s self-serve Time to Pay facility may help you pay tax
Posted on October 15, 2021 Posted in - Blog, Self Assessment, Self employed & self assessment, self-employed
Self employed workers who believe they may struggle to pay tax this year should consider arranging an affordable payment plan, HM Revenue & Customs (HMRC) has said. Read more…