For employees, working at home is a privilege that comes with years of trying to convince your boss that you're not going to sit around all day carouselling through Netflix. But for us Freelancers..
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.
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
Did you know you can spread the cost of your Self-Assessment tax bill? You can pay in instalments with a HMRC payment plan.
The housing market is changing. Holiday Lets and Furnished Holiday Lettings using Airbnb are proving more profitable for landlords, but this income will still need to be declared in your self-assessment.
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.
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.