Tax-Free Childcare for the Self-Employed
The tax-free childcare system is available to self-employed parents to help them with childcare costs. Here’s what you can get & how to apply.
Benefits and Tax Credits
Employment & Support Allowance (ESA) Explained
ESA is a type of sick-pay for people who cannot work due to an illness or disability, it’s recently been extended to the self employed.
Claiming Working Tax Credits When You’re Self-Employed
Working Tax Credits are available to eligible individuals who earn below a certain threshold, including those who are self-employed. Working Tax Credits are available to individuals whose income is below a certain level. They have, in the most, been replaced by Universal Credits.
Universal Credit When You’re Self-Employed
Universal credits help by topping up your income and then get reduced as you begin to earn more. Perfect if your business income takes a dip or you are just starting out. Here’s how to find out if you can claim.
What State Benefits are Taxable?
You don’t have to pay income tax on all types of UK state benefits. And even if the benefit you are receiving is taxable, you’ll only pay tax on earnings that go over the personal allowance. State benefits that are not taxable Here are the most common types of UK state benefits that you do … Read more
Child Benefit Explained
Child benefit is a payment by the government to support certain people who are responsible for children up to the age of 20. The amount you can claim, if at all, depends on yours and your partner’s circumstances, as well as the number of children you are responsible for.
Universal Credit Explained
Universal Credit is a form of financial support available for people with low income or needs some temporary help, including the self-employed.