Search results for: self assessment guides

Understand the HMRC rules to help you to decide whether your training cost are tax-deductible if you’re self-employed or have a LTD.

Want to become self-employed but aren’t sure where to start? Or maybe you’ve started earning a bit of money on the side, want to officially set up your business and feel a bit overwhelmed by all the jargon? In this post, I’ll share with you the steps you need to take to get your business basics in place so you can tick off all the tax, money and planning side of things and focus on making money in 2024.

Find out how the UK 60% tax trap works (which is 63% in Scotland), who has to pay the 60% tax rate and why in this post.