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Tax and National Insurance

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...

HMRC £1,000 Annual Tax Free Allowance for Trading & Property Income

From 6 April 2017 HMRC have launched two new £1,000 tax free allowances to help make the tax system easier. They are perfect for people...

Am I Allowed to Do Freelance Work While I am Employed?

In short, Yes! You absolutely can be employed and freelance on the side.  Actually, you will find that there are many freelancers holding onto...

Warning Freelancers: Don’t Get Caught Out by the Tax Man!

If you are new to Freelancing, or even if you have been freelancing for a while, then this is a warning for you.  Whereas...

Top Tips to Budget for Your Tax Bill

January and July of each year can be stressful for freelancers and those who are self employed.  If you are one of them, you...