Article By GoSimpleTax Whether you’re thinking about winding down this festive season or perhaps are busier than ever, the Self Assessment deadline is approaching. This means it’s never been a better time to look over your business and its numbers – and ensure it all stacks up. One area that deserves your attention is allowable […]

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 […]