Starting Your Self-Employed Journey?
So, you did it! You followed your dream to go self-employed. But you never expected it to be so confusing – from how to register as self-employed to filing your first tax return.
With so much information out there, how do you know whose advice to trust? If you’re a side hustler or sole trader looking for a trusted resource to guide you through how to set up a business, from handling taxes to bookkeeping, you’re in the right place.
Here you’ll find easy to follow resources, guides & templates on topics like HMRC registration, side hustle taxes and invoicing. Jargon-free guaranteed.
An Introduction
Beginners Guide to Going Self-Employed in the UK
Not sure where to start with going self-employed? Start here! In this guide, I explain how HMRC registration & taxes work along with some other useful stuff you need to know when you embark on your journey to be your own boss.
A Detailed Guide
Self-Employment Tax: How Does it Work?
Taxes are a complicated subject. In this guide, I simplify the topic of self-employment taxes. Read this guide to find out exactly how they work, how much you’ll need to pay and, most importantly, when.
Essential Reading
When to Register as Self-Employed
Wondering if you need to make things official? Here are the rules on registering as self-employed, the deadline and whether you need to do it straight away.
Tax Guide
Tax When You’re Employed and Self-Employed
Tax works slightly differently when you’re employed and self-employed. Read this guide to find out it all works, whether you need to pay extra tax & what you need to check on your payslip.
Business Registration
Do I Have to Register My Side Hustle as a Business?
Is your hobby taking off? Or did you test out a business idea that is proving to be a success? Your next steps may be to register with HMRC. Find out what steps you need to take and when.
Business Setup
Sole Trader or Limited Company? What’s Right?
Limited Companies have the reputation of being tax efficient and offering protection of your assets. But is it as good as it sounds? Find out whether an LTD is right for you or whether being a sole trader will bring you more benefits in this guide.
Worried you’ve missed a step setting up your business?
I get it! I’m Anita, a Chartered Accountant turned content creator on a mission to simplify money and taxes for the self-employed. (I’m also a Spreadsheet Geek and Money Nerd!)
Because starting your own business shouldn’t be so hard. Just because we aren’t taught about money at school, it shouldn’t prevent us from creating a financially stable life on our own terms.
That’s why this website is full of straightforward advice to make topics like taxes, accounting, banking and insurance easy to understand at every point in your self-employed journey. I want to simplify business and tax for UK sole traders and small business owners, like you.
You make money doing what you love; I’ll help you look after it.
More Must Read Articles on Self-Employment
Self Assessment Tax
How to Fill In Your Tax Return Online
If you’re DIY-ing your tax return, then this guide has everything you need! Follow this guide step-by-step, check what information you’ll need and where to find it all. It’ll make tax time a breeze!
Self Employed Expenses
How to Claim Self Employed Expenses
Expenses reduce your tax bill, but you can’t claim them all! Read this guide to check what you can claim and where to enter allowable expenses on your self-assessment tax return.
Business Setup
What Business Records Should You Keep If You’re Self-Employed?
Paperwork urgh! Here are legal requirements set out by HMRC detailing what business records you need to keep and for how long.
Tax Allowances
The £1,000 Trading Income Allowance Explained
The £1,000 allowance could save you a lot of hassle and mean you can earn money tax-free. Find out how the trading income allowance works, how to claim it and whether it’s right for you.
Free Self-Employed Finance Basics Guide
Going self-employed? Sign up to receive a free copy of my finance basics guide!
A bumper 26-page guide to Self Employed Finance Basics. Jam-packed with tips and advice on topics like registration, tax and bookkeeping to filing your first tax return and an introduction to IR35.
Template & Resources
Invoicing
Self-Employed Invoice Template
This invoice template contains all the information you need to get paid by your clients and comes with a step-by-step guide on how to customise it along with advice on sending it out to your customers.
Pricing
How to Work Out Your Hourly Rate
Download this hourly rate calculator to check you’re pricing your services at a rate that is not only fair for your clients but also covers your expenses, taxes and time off.
Cash
A simple cash flow forecast template and an example to show you how to fill it in step by step, as well as how to review the numbers to help you avoid the panic of an empty business bank account.
Expenses
Use this mileage spreadsheet to track the business miles you have travelled, with the formulas done for you to automatically calculate how much you can claim on your tax return.
Looking for something specific?
Just use the search bar to find an answer to your question! And don’t forget to find me on Instagram, where I share helpful tips and tax reminders, as well as going live for Q&A sessions.