Finance

Depreciation for Self-Employed vs. Private Limi...

Depreciation affects tax differently for self-employed individuals and limited companies. Learn how Capital Allowances work, the difference between AIA, WDA, and Full Expensing, and how to reduce your tax bill...

Comprehensive Guide to Claiming Expenses, Recor...

Learn what expenses you can claim as a self-employed professional in the UK, including allowable costs, non-claimable expenses, essential record-keeping requirements, and best practices to stay compliant with HMRC while...

How to Submit a Self Assessment Tax Return in t...

Submitting a Self Assessment tax return in the UK can feel overwhelming, but this detailed guide simplifies the process for individuals and small business owners. Whether you're self-employed, a landlord,...

"UK Autumn Budget 2024: Key Tax Changes, Wage I...

Explore the UK's Autumn Budget 2024 as it targets wage growth, tax reforms, and increased public spending. Discover changes in National Insurance rates, the National Living Wage, affordable housing investments,...

Comprehensive Guide to Bookkeeping: Basics, Sys...

Learn the fundamentals of bookkeeping in this comprehensive guide. Understand key concepts such as transactions, accounts, double-entry bookkeeping, and the accounting cycle. Discover how accurate bookkeeping ensures legal compliance, aids...

Self-Employed vs Limited Company UK: Tax, Liabi...

Wondering whether to be self-employed or set up a limited company in the UK? Discover key differences in taxes, personal liability, and administrative responsibilities. Learn how tax rates differ, the...