Find out everything you need to know about running a business as a sole trader in the UK. From starting a business to knowing your tax rates and completing your self-assessment, we’ve got you covered.
Find out how the ÂŁ1000 income trading allowance from HMRC works and if you can use it with our helpful guide.
How and when to file your sell assessment form and complete you tax returns with HMRC if you're self employed or operating as a sole trader.
Payments on account are designed to spread the cost of the upcoming year’s tax bill, but the assumptions used to work out your payments might not be quite right if your business has been impacted by the pandemic.
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As part of HMRC’s Making Tax Digital, sole traders will soon be required to complete 4 tax submissions per year instead of 1.
Take a look at the latest sole trader tax rates for the 2021/22 as well as our advice on how to prepare for the new tax year.
6th April marks the first day of the new tax year. Here's everything you need to know to start the new tax year off right.
We want to help you protect yourself against Covid-19 fraud. Here’s what you need to be aware of and what to watch out for.
The SEISS has been extended until September, and there has been one significant change for the better. The grant has been extended to ~600,000 people who were previously excluded by including those who filed a 2019/20 Self-Assessment tax return by midnight 2nd March.
Saving can often be an afterthought when you're freelancing and have a fluctuating income. But it doesn't have to be - discover some money saving habits in this article.
With January around the corner, here are some tips for everyone in the self-employed and freelance community to prepare for a deal or no deal brexit.
The clock is ticking as we continue to countdown to the self-assessment deadline at the end of January. Here's some advice to help you along the way.
With November's lockdown already upon us, we've put together a list of the latest government updates to make sure you can navigate your way through it.
We asked 500 self-employed people how they feel about saving for tax - take a look at the results and see how Coconut can help you to save for tax soon.
With just under three months until self assessments are due, find out what you need to take into consideration in our latest blog.
Covid-19 support for self-employed people: Bounce Back Loans. And we've teamed up with Swoop to help you navigate the application process.
As the end of the tax year approaches, we guide you through the rates you might need to pay so there are no surprises on the day you submit your tax return.
Our answers to the big questions we've had about the Self-Employed Income Support Scheme from our customers and the wider self-employed community.
Here's our quick guide to effortless expenses to make sure you're not missing out on key tax savings.
The tax rates will change depending on whether you are a Sole Trader or a Limited Company. We’ve tried to make this easy to understand with a summary.
The new prime minister is here. Brexit is on the way. But what does it all really mean for self-employed business owners?
Understand the VAT Cash Accounting Scheme. Who it's for, how to qualify and what it could mean for you and your business.
As the end of the tax year approaches, we guide you through the rates you might need to pay so there are no surprises on the day you submit your tax return.
We take a look at the pros and cons of being a sole trader or a limited company so you can work out what's best for you and your business.
Read this short article on how to save your self-employed business time and money by separating your business expenses from your personal expenses.
The self-employed population contributes ÂŁ271 billion to the UK economy - so why are so many still getting messed about when it comes to getting paid?
Time for your annual tax return for HMRC? We’ve created a list of the top five business expenses most commonly overlooked.
Elaine Clark is the founder of Cheapaccounting.co.uk and all-round self-employed and small business accounting specialist. She gives her top tips on how to keep your accounting costs low.
What does a new tax year have in store for 2017? Tax is going digital, but basic things are still causing confusion. Here's some tips to help.
Hammond’s 2017 budget demonises the self-employed. You may be paying more in national insurance, but it’s the sentiment that’s terrifying.
What’s your day rate? It's a question freelancers get asked every day, but a surprisingly hard one to answer. Here are some of the top tips that we learned.
Worried about filing your taxes as a freelancer? In this article, we’ll show you how to plan ahead so you can nail your self-assessment like a pro.
When is it okay for a freelancer not to submit a tax return? Is a wasp a good excuse? Are HMRC heretics? Find out in this instalment of the Coconut blog.
Freelancers lack the support structure to guide us through the complexity of retirement saving. This article takes the mystery out of sole-trader pensions.
Can I get a mortgage as a freelancer? Yes. Will it be easy? No. But that’s not an exclusive issue for the freelancer demographic.
Most freelancers experience a client who doesn’t pay on time, especially those just starting out. So how do you deal with these clients?
Everyone is asking, what happens now? Do freelancers need to worry, or does Brexit provide an opportunity for flexible workers?
If you're going self-employed, here's how and when to register as self employed or as a sole trader with HMRC.
