Self-employment

Being self-employed as a sole trader can be a straightforward way to be in business - but you need to comply with your tax obligations. Our guide.

Effective tax planning is essential if you are to minimise your tax bills. Simple tax planning can significantly reduce your tax liabilities.

Many businesses start out as part-time jobs or hobbies that develop into a business. It's possible to be employed and self-employed simultaneously.

A business can become loss-making at any time - but you may be able to set the loss off against your tax. Claire Georghiades explains.

There are two ways to work out motor expenses for the self employed - by actual cost or mileage. Which is best for you?

Tax planning can make a significant difference to the tax you pay. You should take advantage of any opportunities to minimise your tax bill.

Businesses and individuals must account for and pay various taxes. Understand your tax obligations and how to file, account and pay any taxes you owe.

If you don’t have a Unique Tax Payer Reference (UTR), you won’t be able to file your Self Assessment tax return - which could lead to some heavy fines. Here's how to get your UTR.

Keeping records of your expenses and receipts might be daunting if you're newly self employed. This guide talks you through the expenses you can claim and the records you must keep for HMRC.

A series of frequently asked questions on what expenses you can claim when self-employed and working from home, including 'allowable expenses'.

Sole trader vs limited company. We look at the pros and cons of each business type and find out when to turn a sole trader business into a company.

Tool to help self-employed businesses use fixed rates (‘Simplified Expenses’) to calculate how much to claim with mixed business and private use.

Effective tax planning is the best way to reduce tax liabilities. That means planning in advance from business start up through to eventual exit.

This toolkit supports tax advisers by providing guidance on the errors often found in tax returns re capital allowances for plant and machinery.

What expenses can hairdressers and barbers claim for? Here's a summary of allowable expenses that they might claim on their self-assessment tax return.

Frustrated that a big slice of your profits goes to the taxman? Ben Dyer explains how to (legally and ethically) minimise how much tax you pay.

Self-employed people can claim certain expenses. Use this e-learning guide to find out which expenses are allowable when filing your tax return.

Watch this HMRC video which explains how you can claim allowable expenses off your taxable profit for the year on your self-assessment tax return

Sole traders must register with HMRC when they start trading and set up a personal tax account.

Paying yourself from the business you own and run is more complex through a company than a partnership or sole trader structure. An expert explains.

When you become self-employed you become responsible for your own tax and NI. You'll need to know what and how much tax to pay and when.