Managing Your Taxes Maybe you find dealing with the UK tax system daunting or gives you anxiety or maybe you just have no idea where to start. With only a few weeks until the new tax year on 6 April 2023 here’s some top tips to help you manage your taxes; 1) Be organised Make …
Are you Self Employed or a Sole trader? Self employed or Sole trader? It can be confusing but you can be referred to as either. If you start a business on your own or work for yourself and you have not incorporated a limited company then this is you. Partnership – As above but with …
Are you Self Employed or a Sole trader? Self employed or Sole trader? It can be confusing but you can be referred to as either. If you start a business on your own or work for yourself and you have not incorporated a limited company then this is you. Partnership – As above but with …
Self-assessment payments on account Woah! What are these payments on account? Payments on account are advance payments towards your personal tax liability. There are two each year, due by 31 January and 31 July. You won’t have to pay them if your personal tax liability is less than £1,000 or you pay more than 80% …