More than 200,000 businesses enter MTD without an accountant
A quarter of businesses entering Making Tax Digital for Income Tax are unrepresented, with firms warning of rising fees, according to a TaxCalc survey.
UK small businesses still owed £70bn in late payments, says Hiscox report
Small firms are owed £70.4bn in late payments, according to Hiscox, with many waiting weeks beyond invoice due dates, causing cash flow issues and stress.
Are advertising and marketing expenses tax deductible for sole traders?
Sole traders can claim advertising and marketing expenses against their taxable profits if the costs are wholly and exclusively for business purposes.
Can sole traders claim bank charges and interest as expenses?
Can sole traders claim bank fees, overdraft and loan interest as expenses? What is allowable, what is not, and how to include costs in your tax return.
Setting up accounts if you’re self-employed – a beginner’s guide
If you start a business as a sole trader, you need to set up an accounting system to record your income and expenses, and work out how much tax to pay.
864,000 sole traders and landlords face new MTD reporting rules from April 2026
HMRC has reminded over 864,000 sole traders and landlords that they have just two months to prepare for Making Tax Digital (MTD) for Income Tax.
The risks of setting up a partnership without an agreement
Learn why partnership agreements matter, who should have one, and the clauses that help avoid disputes and protect your business.
Income protection for sole traders – cover from £26.31 per month
If you’re a sole trader and can’t work due to illness or injury, income protection insurance can replace part of your income with monthly payments.
VAT for the self-employed – what you need to know in 2026
A practical guide to VAT for sole traders in 2025 – when to register, how it works, VAT returns, reclaiming expenses, and how to stay compliant with HMRC.
Compare Sole Trader Accountants – Monthly Fees & Features (2026)
On this page, we have added some links and details of sole trader accountants we have worked with for many years at ByteStart. Compare fees and features.