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Being or Set up as a Sole Trader

Being or Set up as a Sole Trader

Nowadays, more and more people want to start their own businesses or become their own bosses. Although the business model is not so complicated, they also face a series of problems such as taxation. Three quarters of businesses in the UK are currently self-employed...
Knowing the Tax Investigation

Knowing the Tax Investigation

Some self-employed individuals sometimes face sudden tax audits, often for no single fixed reason. Sometimes HMRC suspects that inaccurate tax returns can trigger serious tax investigations. Once the lengthy investigation begins, it will be complicated and a headache...
Renewing your tax credits claim

Renewing your tax credits claim

The deadline to renew the tax credit is July 31, and all applicants must renew their tax credit entitlement annually. If you have applied for tax credits before, you better hurry up and update them online or on the app. Each year, HMRC will automatically send you a...
Preview of July Tax Changes

Preview of July Tax Changes

As the policy continues to change, some important time points will occur in July. Some new changes require you to pay extra attention and complete them within the stipulated time. This month’s National Insurance (NI) changes will change the real income of most...
Track Tax Evaders on Rental Income

Track Tax Evaders on Rental Income

If you want to hide your source of income tax from HMRC when buying a property, this is almost impossible. For property rental investors, actively reporting rental income tax is something you need to comply with. For HMRC, any source of income should be...

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