Self-Employed
Tax Guide for Content Creators and Social Media Influencers
Introduction Are you a digital entrepreneur who’s unsure about their tax responsibilities? Whether your hobby is vlogging, blogging, reviewing, or streaming, if you earn money (e.g., royalties and advertising fees) or receive gifts (e.g., products, holidays, or accommodation) from it, then HMRC could class you as having taxable income, and require you to submit a…
Read MoreMaking Tax Digital for Income Tax – How to Get MTD Ready
Making Tax Digital (MTD) adverts are all over the TV and radio – and MTD for VAT returns is already in place. But, are you aware of MTD for Income Tax, and how it will affect you? Perhaps you’re unsure because your business is new, or you’ve managed without an Accountant until now? We will…
Read MoreClaiming Work from Home Expenses for the Self Employed
Are you a self-employed sole trader, or in partnership, and work from home? If so, you can claim work from home expenses through your Self-Assessment Tax Return. Continue reading to understand your available options, and how much you could claim. What Can the Self-Employed Claim? UK sole traders and partners have two options for claiming…
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