Tax guides for the self employed - deal with HMRC and self assessment

Supporting the self-employed – since 2004

HMRC late payment interest

Big gap between HMRC interest rate on late payments vs. refunds

November 13, 2024

In what one tax advisory calls the 'elephant in the room', there is a sizeable gap between the interest rate HMRC pays on late payments and the amount of interest it pays out on tax refunds.

register for vat self employed

VAT registration – when should you register for VAT? Try HMRC’s handy estimator

September 5, 2024

If your business's "taxable supplies" over the past 12 months have exceeded the VAT registration threshold, you should register for VAT. As of April 2024, the VAT registration threshold increased…