October 8, 2026HMRC is writing to individuals it believes may have failed to declare consultancy income from private healthcare providers on their…- September 24, 2026Some taxpayers have already started to receive Simple Assessment letters from HMRC for the 2025-26 tax year, with a further…
- September 17, 2026HMRC has launched an improved online service to make it easier for individuals to register for self-assessment. Anyone who needs…
- September 10, 2026Self-employed people can deduct allowable business expenses when calculating their taxable profits. However, where a cost has both a business…
September 10, 2026Self-employed people can choose to use simplified expenses to calculate certain business costs using flat rates rather than working out…- September 3, 2026HMRC is currently carrying out its annual reconciliation of PAYE for the 2025-26 tax year. Between June and November, HMRC…
August 27, 2026Self-employed individuals can deduct allowable business expenses from their income when calculating taxable profits. However, businesses must keep accurate records…
August 10, 2026The £1,000 property allowance is a helpful for individuals with small amounts of property income. The allowance provides a tax…
August 10, 2026Cash basis accounting is a simplified method used by sole traders and other unincorporated businesses to work out income and…- August 6, 2026If you pay for replacing or repairing small tools you need for your job, you may be able to claim…
