Sole Trader vs Limited Company: Which Is Better?

Sole Trader vs Limited Company: Which Is Better?

Choosing the right business structure is one of the most important decisions when starting your own business.

What Expenses Can I Claim as a Freelancer?

Understanding what expenses you can claim as a freelancer is essential for managing your tax bill and improving tax efficiency.

How to Pay Yourself as a Limited Company Director

Understanding how to pay yourself as a limited company director is essential for managing your personal income and maintaining tax efficiency.

Close companies face additional reporting requirements

Further administrative changes are on the cards for close companies, as the Government seeks to gain a better understanding of previously difficult-to-distinguish tran

Making Tax Digital for Income Tax is now live – What next?

For landlords and sole traders bringing in qualifying annual income over £50,000 (not including profit or dividends), Making Tax Digital (MTD) for Income Tax is now ma

The dividend rules are changing – Disclosure rules on tax returns and new rates

From the end of the 2025/26 tax year, 5 April 2026, you must report your dividend income accurately as part of wider personal tax reforms.

Government abolishes work-from-home relief

Directors and employees claiming work-from-home tax relief will no longer be able to claim it from the start of the new tax year – 6 April 2026.

Capital allowances – New rules for a new tax year

Capital allowances continue to provide an effective method for businesses to reduce their tax bills, by providing incentives for investment in eligible expenditure – t

Company tax returns and accounts have gone digital

HMRC and Companies House have confirmed that from 1 April, all businesses must use compliant, commercial software to file their company’s tax returns.