Can sole traders claim insurance premiums as a business expense?
Practical guide to which types of insurance sole traders can claim as expenses, including public liability, professional indemnity and income protection.
Practical guide to which types of insurance sole traders can claim as expenses, including public liability, professional indemnity and income protection.
Are car and van repairs tax deductible for sole traders? A clear guide to claiming servicing, maintenance and other vehicle running costs.
Are accounting fees tax deductible? This guide explains when sole traders can claim accountant costs as allowable business expenses.
Are software subscriptions tax deductible for sole traders? Explanation of the tax rules, examples, and how digital tools are treated in business accounts.
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.
Making Tax Digital for the self-employed: who it applies to, quarterly deadlines, and how to prepare before the April 2026 deadline.
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.
A quarter of businesses entering Making Tax Digital for Income Tax are unrepresented, with firms warning of rising fees, according to a TaxCalc survey.
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.
Sole traders can claim advertising and marketing expenses against their taxable profits if the costs are wholly and exclusively for business purposes.