Here is an update with the measures so far put in place by HM Government to hep support businesses For self employed, sole traders, partnerships and owner run Limited Companies: At the moment the assistance offered to this group is very limited however there is...

For many, a period of enforced working from home is now inevitable as we fight the coronavirus (Covid-19). It won’t be everyone’s first consideration but there are tax implications in doing so. Here’s what you need to know. Employees For a start, most employees should...

With the country in the grip of an unprecedented health danger none of us are likely to not be touched by this whether we are a small company, self employed landlord or employed. As we know the government issued some financial measures to help business in the recent...

What to do if you need to change your tax return You made it and filed your self-assessment return for 2018/19 by the 31 January 2020. However, having felt pleased with yourself, you realise to your horror that you have made a mistake and need to correct your return....

For anyone with a self assessment payment due by 31 January, it is now possible to set up a time to pay arrangement, subject to electronic approval, solely online without contacting HMRC. If an installment plan for direct debit payments is agreed with HMRC then there...

Using  mileage rates if you are self employed can save you much of the record keeping. If you are a sole trader or in partnership and you use a car, motor cycle or goods vehicle for the purposes of your trade, you can claim a deduction for the costs incurred in doing...