Tax Guide for Self Employed Dentists
A jargon-free guide to taxes for self-employed dentists, including registering with HMRC, self-employment taxes, VAT and tax deductions.
Anita Forrest
Tax Advice for Self Employed Dog Walkers
A jargon-free guide to taxes for self-employed dog sitters including registering with HMRC, self-employed taxes, VAT & tax deductions.
Our Favourite Time Tracking Apps for Freelancers
Whether you are an employee, freelancer or run your own business, time is often your top priority. It influences how early you wake up in the morning, the length of lunch break you take, your social life activities and how late you go to sleep. When scheduling your work time, you might rely on things … Read more
Do I Have to Pay Tax On eBay, Amazon and Gumtree Sales?
One question we are often asked is whether tax needs to be paid from selling online from sites such as eBay, Etsy, Amazon or Gumtree.
If you are selling something you simply don’t want but you own already, you probably don’t need to pay any tax or let HMRC know. However, if you are a regular seller making a profit or are paid for a service you provide online, then you may need to let HMRC know what you are doing and pay tax.
10 Common Excuses for Filing a Late Tax Return Revealed by HMRC
With the online self assessment tax return deadline looming, HMRC has revealed a list of common excuses given for not filing a tax return on time. The deadline for Paper Self Assessment returns is the end of October, while Online Self Assessment tax returns must be submitted by January 31st. This years deadline is only a … Read more
What are your Duties as a Director?
It’s a New Year and you have made a New Start. You’ve taken the first steps to becoming your own boss and formed a Limited Company. While you are busy juggling running your business, making sales and managing cash flow it is important to be aware of your legal duties as a Company Director. Companies … Read more
Buy to Let Landlords: Tax Relief on Mortgage Interest Explained
If you are a Buy to Let Landlord you will no doubt be aware of how unpopular you are with the Government and the changes that are about to affect you. The Buy to Let Mortgage tax changes start to kick from 6 April 2017. It means that by 2020 Landlords who own property with … Read more
Tax Advice for Self Employed Photographers
If self employment is new to you, it can be difficult to know where to start and what it all means. Here I show you how to get started as a Self Employed Photographer, unravel some of the confusion around taxes and get you prepped for doing your first tax return. What is Self … Read more
Claiming VAT on Staff Christmas Parties
Find out how to claim back VAT on staff Christmas parties, the limits you need to stick to and the records you need to keep.
What is Amortisation?
Looking to learn more about amortisation? Read on to find out the definition of amortisation in accounting, examples of how you calculate it and which types of assets are amortised.