Why the VAT registration threshold is a problem for small businesses
The £90,000 VAT threshold often holds small businesses back. This guide explains why some avoid registering, and what the experts say.
How the Flat Rate VAT Scheme works (and the Limited Cost Trader rule)
Guide to the Flat Rate VAT Scheme for sole traders and small businesses. How it works, the latest HMRC rules, and when the Limited Cost Trader rate applies.
Claiming capital allowances as a sole trader – what’s allowed
A practical guide to capital allowances for sole traders, including what you can claim, current rates, and how the rules differ from limited companies.
How to register for Making Tax Digital for Income Tax (MTD ITSA)
Learn how to sign up for Making Tax Digital for Income Tax as a sole trader. Step-by-step guide, software tips, and what you need to register.
What is the £1,000 trading allowance – how does it work?
How the UK trading allowance works, who can use it, when to register with HMRC, and what changes with the new £3,000 threshold from 2027.
Can I pay myself a salary if I’m a sole trader?
Can pay yourself a salary as a sole trader? Learn how drawings work, what HMRC expects, and how to manage tax and NI when you're self-employed.
Making Tax Digital for Income Tax: exemptions explained
A clear guide to who must follow MTD for Income Tax, who’s exempt, and the key easements available for sole traders and landlords.
Self-employed? 31st July Payment on Account tax deadline looms
Payment on Account tax is due by 31 July. Learn who it applies to, how to pay, and what happens if you miss the deadline. Includes guides and links.
Self-employed unprepared for Making Tax Digital for Income Tax (April 2026 deadline!)
With the April 2026 deadline approaching for MTD for Income Tax Self Assessment (ITSA), new research shows how unprepared the self employed are for the change.
How long should small businesses keep tax records for?
This concise guide explains which tax records small businesses (including self-employed and limited companies) should keep and for how long.