What happens if a client doesn’t pay – what are your options?
Unpaid invoices? This guide explains what self-employed people can do when a client won’t pay — from chasing to legal action and recovery options.
MTD ITSA deadlines explained: when you need to submit and what to file
Making Tax Digital for the self-employed: who it applies to, quarterly deadlines, and how to prepare before the April 2026 deadline.
Tax-efficient ways to pay yourself through a limited company
We asked a leading accountant to outline the tax-effective ways you can pay yourself via your own limited company. Updated for the 2026/27 tax year.
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.