Missed a deadline or made a mistake? How to put it right
Penalties grow the longer you leave things, and coming forward yourself almost always costs less. Here's how to fix common problems.
2 min read
Every article, newest first: plain-English guides to tax, admin and money for the UK’s self-employed. Filter by topic.
Penalties grow the longer you leave things, and coming forward yourself almost always costs less. Here's how to fix common problems.
2 min read
Making Tax Digital moves tax records into software and swaps one yearly return for regular updates. It's being phased in, starting with higher earners.
1 min read
Cash basis counts money when it actually moves. Traditional accounting counts it when it's earned. Most small businesses suit cash basis.
1 min read
Good records make tax returns quick and protect you if HMRC asks questions. Keep them for at least five years after the filing deadline.
1 min read
Registering is free and done online. You'll get a Unique Taxpayer Reference, which you'll use for years to come.
1 min read