Article by GoSimpleTax Whether you’re buying gifts for clients, organising a festive get-together or decorating your workspace, many self-employed people wonder, “Can I claim this as a business expense?” Here, we clear up fact from fiction, giving you a breakdown of what’s allowable and what isn’t so you can keep your costs down without running […]

Article by Coconut If you’re a self-employed subcontractor working for a contractor, Construction Industry Scheme (CIS) tax rules apply. By law, the contractor must check the subcontractor’s CIS registration with HMRC and make tax deductions from their wages – 20% (if registered) or 30% (if not). Contractors can use HMRC’s online service or commercial CIS […]

Article by GoSimpleTax Once upon a time, not too long ago, most people would have had one income source – usually their job, working for one employer, But, over time, things have changed. Many people now have more than one income source, either through choice or necessity. Lots of people with jobs also have a […]