If you are ineligible, HMRC will help you to understand why and guide you otherwise. The good news is that there are quite a few financial support schemes now available and if you need financial support...
Working freelance can be lonely. Yes, lots of buzzy client meetings etc., but at the end of the day, you have to face getting on with the work by yourself. Here are 8 ideas which you can start doing today.
In this TAXO'D Skool blog post we learn all about how to file your self-assessment tax return. Tax Knowledge is Personal Finance Power.
The Self-Employment Income Support Scheme (SEISS) is made up of four taxable Government grants for self-employed individuals. It provides critical support to the self-employed in the form of 4 grants.
Make Money form Home. Legitimate ways to make enough money to live on, working from home during Lockdown.
Last time we donned our designer face coverings, hand sanitised (more than just our hands), and jumped feet-first into: 'Working from home in 2020. How to keep the money coming in during COVID19.'
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
In March 2019 HMRC closed their online services portal - HMRC Government Gateway. Since then UK tax filers have been filing their Self Assessment tax return at the replacement system, HMRC Online Services.
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 the UK, HMRC is making UK business go digital. Making Tax Digital (MTD) requires all involved to maintain digital records and use only approved and compatible software to file tax returns.
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.
So yesterday, Uncle Rishi put out his budget (on a little dishy?) Some it was expected and some, not so expected. What it means for freelancers, self-employed and small businesses (SME)
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.