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Day trading vs swing trading

Date: 30 April 2020

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Young female entrepreneur in glasses uses her laptop to file her self-assessment tax return
Blog

Where should the self-employed start this new tax year?

Everything is up in the air thanks to COVID-19 but what do we know for certain and how can this help us in the long run?

Date: 21 April 2020 By:

A happy businessman smiles as he submits his tax return early
Blog

Be tax savvy: file early in 2020

There are many benefits from filing your self assessment tax return early from reduced stress, more time to prepare and no late filing penalties.

Date: 15 April 2020 By:

A self employed window cleaner is cleaning windows outside
Blog

COVID-19 support for the self employed

The government has announced assistance for the self-employed during the COVID-19 outbreak. To qualify self assessment tax returns must be up to date.

Date: 27 March 2020 By:

Chancellor of the exchequer, Rishi Sunak, prepares the 2020 budget statement
Blog

Budget statement 2020: round up of the key announcements

The chancellor of the exchequer, Rishi Sunak, has been in post for less than one month. He announced the government's updated economic forecasts and spending plans.

Date: 11 March 2020 By:

A self-employed couple apply for and are granted a mortgage based on their circumstances.
Blog

Getting a mortgage when you’re self-employed

Don’t assume that mortgage lenders will only be concerned with your income and credit history. Employment status is also important - here’s why.

Date: 26 February 2020 By:

Calendar with 31 January circled in red
Blog

Did you miss the filing deadline?

In 2019 700,000 missed the tax return deadline. What penalties can you expect if you missed the 2020 self-assessment deadline or can't pay your bill?

Date: 3 February 2020 By:

A sales executive drives her company car home from a meeting with a client.
Blog

How to claim business mileage as an expense

Companies that need to reimburse employees for business travel can claim the payments against their corporation tax. What you need to know.

Date: 21 January 2020 By:

A business owner sits behind a big stack of financial documents, worrying about the tax return deadline.
Blog

Three good reasons to file your tax return today

Get the new year off to a calm and organised start. Getting your Self Assessment out of the way early can pay dividends, explains Mike Parkes.

Date: 6 January 2020 By:

A yellow sticky note on a calendar marked ‘File Tax Return!’
Blog

Who needs a UTR number, anyway?

If you don’t have a UTR, you won’t be able to file your Self Assessment tax return - which could lead to some heavy fines. How to get yours.

Date: 17 December 2019 By:

A small business owner fills in her Self Assessment tax return, using a calculator to work out key figures.
Blog

How to prepare for the tax return deadline

If you need to fill in a Self Assessment tax return this year, we’re guessing you’re dreading January. Make it easy on yourself with these tips.

Date: 17 December 2019 By:

A self employed woman completes her self assessment tax return ahead of the January deadline
Blog

Avoid the January tax return rush

In the run-up to Christmas, your tax return is the last thing on your mind. But getting things in order early could be an early gift to yourself.

Date: 10 December 2019 By:

A woman in her 20s does freelance work remotely on her laptop from a coffee shop.
Blog

How members of Generation Z make their money

The 9-5 commute is well and truly on its way out. Why the latest entrants to the job market see flexible working and freelance hustling as the future.

Date: 26 November 2019 By:

A happy US expat pictured on Westminster Bridge in London - working abroad concept.
Blog

A guide to the UK for US expats - taxes, culture and travel

Most Americans find the UK is a wonderful place to live, work or retire to. However, it pays to be prepared for any sticky issues you may encounter.

Date: 30 October 2019 By:

An entrepreneur smiles as she makes savings on her tax bill by claiming allowable expenses.
Blog

Five business expenses you didn’t know you could claim

Millions of self-employed people miss out on tax savings by failing to claim the expenses they're entitled to. Don't be one of them - start here.

Date: 28 October 2019 By:

A businessman sorts out physical receipts and records while filing his paper tax return and needs help.
Blog

How to help accountancy clients with the paper tax return

If you're struggling to support clients who would prefer to file their Self Assessment offline, Mike Parkes of GoSimpleTax has some helpful tips.

Date: 24 October 2019 By:

A businesswoman happily uses bridging software to submit VAT returns to HMRC.
Blog

Making Tax Digital - do you need VAT bridging software?

To make things easier, HMRC is allowing you to file MTD VAT returns using bridging software if your system isn’t compliant yet. Find out more.

Date: 27 September 2019 By:

An accountant completes his client's self-assessment tax return and declares all forms of income.
Blog

Are you declaring all your earnings to HMRC?

If you earn on top of your regular income - for example, from property or savings - you're obliged to tell HMRC and pay any tax that may be owed.

Date: 16 September 2019 By:

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