Self Assessment Allowable Expenses: How To Save Thousands in Taxes
24 April 2025
As a self-employed or a freelancer, you can lower your tax bill by claiming self assessment expenses. These are the costs you pay to run
As a self-employed or a freelancer, you can lower your tax bill by claiming self assessment expenses. These are the costs you pay to run
The Video Games Expenditure Credit (VGEC) is a new tax incentive introduced by the UK government. It is intended for companies developing video games. It
Not the nicest of Wednesday Wisdom’s we have ever written but a very important one nonetheless. HMRC scam calls are on the rise. These calls
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HMRC phishing emails are scams where fraudsters pose as HM Revenue & Customs to steal personal or financial information. These emails promise tax refunds, demand
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Pre-registration expenses for VAT are a specific set of expenses you can claim within a certain time period of registering your business. There is some
If applicable to your business you should act now so that you can benefit from postponed VAT accounting (PVA) if VAT-registered and importing goods into:
The UK tax year for 2025/2026 runs from 6 April 2025 to 5 April 2026. If you’re self-employed or running a creative business, this is
An accrual is income earned or expenses incurred that haven’t yet been received or paid. In accounting, it ensures financial records reflect actual business activities,
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