The British Finance

Tax and Self-Employment

Self Assessment, side income and allowances.

  • Sole Trader or Limited Company? What Changes for Your Tax

    A side-by-side comparison of sole trader and limited company structures in the UK: tax, National Insurance, paperwork, liability and taking money out.

    Written by

    The British Finance Editors
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  • Can I Claim Expenses as a Sole Trader?

    Which business costs sole traders can deduct on Self Assessment, which they cannot, and how to record and claim them, explained in plain English.

    Written by

    The British Finance Editors
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  • How to File Your First Self Assessment Tax Return

    A step-by-step guide to your first Self Assessment return: registering with HMRC, keeping records, allowable expenses, deadlines and common mistakes.

    Written by

    The British Finance Editors
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  • Before You Register as Self-Employed With HMRC

    Before you register as self-employed with HMRC, check the trading allowance, the 5 October deadline, National Insurance and the records you need to keep.

    Written by

    The British Finance Editors
    An open laptop with a dark screen on a grey desk against a white wall.