Blog

24/01/2021
HMRC has indicated that sole traders will not be subject to the usual penalties for filing a tax return after the deadline, if they are able to demonstrate that the...
23/01/2021
Anyone who is self-employed is responsible for paying National Insurance contributions, which are based on their income. In order to accurately calculate how much you must pay each tax year,...
22/01/2021
Thousands of sole traders run the risk of paying more tax than they are actually liable for this year, due to the new automated payment system created by
20/01/2021
Hopes that sole traders classified as company directors – who have been excluded from state COVID-19 support – could get help have risen, with the Treasury looking at the
19/01/2021
With so many people eligible to claim furlough or Self-Employed Income Support Scheme (SEISS) payments, it comes as no surprise to learn that HMRC will be investigating claims to ensure...
18/01/2021
HMRC has issued a warning to both taxpayers and accountants that there will be another rise in the number of self-assessment scams, as the deadline for completing returns