If you’re thinking of going freelance, there are urgent financial plans you need to make first, says MoneyMagpie Editor and ...

choosing who to hire and keeping the profit you make are just some of the draws offered by a life of self-employment. It’s a popular choice too, with around 4.5 million people in the UK already ...

What is self-employed income tax? If you're self-employed ... Charge the correct rate of VAT Show the VAT information on your invoice Show the transaction in your VAT account - this is a summary of ...

You should keep and file all receipts for goods and stock, bank statements, chequebook stubs, sales invoices ... if you're no longer self-employed), contact HMRC to close your self-assessment account.

They choose their clients. But what do consultants actually charge? I asked self-employed consultants to share their rates, target clients, and experience levels. Their answers show huge variation.

HM Revenue and Customs (HMRC) has issued an urgent warning for all self-employed workers who could ... Digital for Income Tax can be found on GOV.UK here.

HM Revenue and Customs (HMRC) has issued a critical alert for all self-employed individuals who may ... Digital for Income Tax can be found on GOV.UK here.

The Treasury published plans to increase late payment penalties for VAT and income tax self-assessment (Itsa) taxpayers as they join the 'Making Tax Digital' scheme from April 2025. The digital ...

Bank of Montreal BMO-T has tightened mortgage lending rules for self-employed Canadians in several industries that are vulnerable to U.S. tariffs, a move that critics say adds new obstacles during ...

If you are self-employed, claiming as much tax relief as possible is probably ... Jo Nockels FCCA, is Senior Training and Communications Managers at TaxAssist Accountants, the UK’s largest network of ...

Plans have been announced to increase the amount at which self-employed people or those with side-hustles have to file a Self ...