Being self-employed gives you powers, but with great power comes great responsibility. As a freelancer, you will be filing your own tax return and doing your own books. Here's a guide to claimable expenses.
Working as a freelancer and being self-employed means you are always looking for avenues to save money on your tax bill. When travelling for work purposes you should be claiming it as business mileage.
If you are a delivery rider/driver for one of the UK delivery platforms (Just Eats, Foodhub, Zomato, Deliveroo, Uber Eats) then this TAXO'D guide aims to inform you of your tax obligations on your earnings.
In this TAXO'D blog post we discuss Income Tax, National Insurance (and how they are both calculated) and other tax benefits that you may be entitled to as a freelancer or a director of your own company.
Thinking about working for yourself? Then you will need an understanding of the taxes you will pay to HMRC. Here is the TAXO'D basic guide to: Understanding Income Tax for Freelancers and the Self Employed.
Track and record all your business transactions on the fly. Whenever. Wherever. Whatever.
Know what you owe and when you owe it, without needing to know a thing about it.
The simplest, quickest and most enjoyable way to file your tax return - on earth.
A self-assessment is a horrid affair which becomes more difficult (and costly) the later you leave it. Avoid these costly and common mistakes (and TAXO'D the taxman) when filing your tax return
A self-assessment tax return (2019/2020) is a bleak affair. The good news is you can keep your tax to a minimum (and TAXO'D the taxman) by knowing your Allowable Expenses, Tax Reliefs & Refunds.
Being a creative freelancer is the dream. Finding the work and ensuring you are paid your worth is often the nightmare. In this blog post, TAXO'D reviews the very best platforms for freelancers in 2021.