Self Employment Taxes

Marriage Tax Allowance 2017/2018

The HMRC Marriage Allowance is a tax perk that allows one partner in a marriage of civil partnership to transfer up to 10% of their unused personal allowance to another, meaning that person can benefit from some additional tax free earnings.

Tax Advice for Self Employed Usborne at Home Organisers

Being your own boss as a Usborne Books at Home Organiser means you need to be self employed.  If self employment is new to...

How to Register for Taxes as a Self Employed Uber Driver...

  Here’s the Link to HMRC to set up your Government Gateway Account and to start the registration process. Check out the full guide to Taxes and Expenses for...

Lost P45? What to Do About It

Unfortunately you cannot get a copy of a lost P45.  A P45 is an official tax form that summaries information about your pay and...

How To Claim Marriage Tax Allowance

The HMRC Marriage Allowance allows one partner to transfer up to 10% of unused personal allowance to a partner, so they benefit from extra tax free earnings.

HMRC Overlap Relief

Overlap profits occur mainly when someone who is newly self employed chooses an accounting period that is not the same as the tax year....

HMRC Overlap Profits

When you are self employed you pay tax on your business profits according to the tax year (6th April to 5th April) you make...

What is an HMRC Basis Period

Definition of the HMRC Basis Period A basis period is a term used by HMRC referring to the time period on which someone who is...

Capital Allowances

HMRC sets out certain rules when it comes to claiming tax relief on fixed assets.  You are still entitled to claim for full tax...

6 Reasons to Submit a Tax Return, Even If You Don’t...

Taxes can be annoying - a pain to deal with and irritating to pay, especially when you read all the stories about the sneaky...