10 min read Being an influencer can be exciting and rewarding, but with great media fame comes tax responsibility. The income from brand partnerships, social media platforms, and other ventures makes you liable to complete a Self Assessment tax return. In contrast to conventional salaried jobs where taxes are automatically withheld through PAYE, influencers […]
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There are thousands of landlords in the UK, owning and renting out second properties. The majority of these landlords declare their income and pay taxes on the profits on their tax returns because they know the consequences of not declaring rental income. But what do you do if you have rental income that you […]
If you missed the payment deadline for Self Assessment on 31st January, there’s good news. HMRC are giving you more time to pay your Self Assessment Tax due to the impact of Covid-19. Although the deadline didn’t change in 2021 despite the financial hardship faced by many businesses in the Covid Crisis, taxpayers […]
Switching to an electric car won’t solve the world’s climate crisis, but it will have a positive impact by reducing the UK’s carbon footprint. Not to mention, a positive impact on your finances.
When you’re a sole trader running a small business, your time is your most valuable resource. You can make small changes in your business to manage your most valuable resource more effectively.