Self-Assessment: A First-Timer's Guide
Who needs to file, key deadlines, what to gather and how to avoid the mistakes that catch most first-timers.
Read guide โPlain-English guides to UK tax, self-assessment, limited companies and contractor finance.
Who needs to file, key deadlines, what to gather and how to avoid the mistakes that catch most first-timers.
Read guide โTax differences, admin burden and the income level at which a limited company becomes more efficient.
Read guide โOptimal salary, dividend strategy and full tax calculations for limited company directors in 2026/27.
Read guide โWhat you can and can't claim โ office costs, travel, equipment, entertainment and pension contributions.
Read guide โWhat IR35 is, how status is determined, inside vs outside take-home, and what to do if you disagree with a determination.
Read guide โWhat to include on a UK invoice, VAT requirements, payment terms and your rights when clients don't pay.
Read guide โHow to calculate the rate you need, market rates by sector, negotiation tips and how IR35 affects your take-home.
Read guide โMTD for Income Tax starts April 2026 for sole traders above ยฃ50,000. Who is affected, what software you need and how to prepare.
Read guide โHow the flat rate scheme works, whether it saves you money, and the limited cost trader trap most IT contractors fall into.
Read guide โComplete reference guide โ income tax bands, NI thresholds, dividend tax, corporation tax and all key allowances for 2026/27.
Read guide โStep-by-step guide to registering with HMRC โ when to register, what you need and what happens after registration.
Read guide โClass 4 NI rates, when you pay, State Pension implications and how it compares to employed National Insurance.
Read guide โDividend tax rates, the ยฃ500 allowance, how dividends are taxed alongside other income and how to pay through Self Assessment.
Read guide โCorporation tax rates, deadlines, allowable deductions and how to reduce your bill as a limited company director.
Read guide โStep-by-step guide to forming a limited company โ Companies House, bank accounts, HMRC registration and ongoing obligations.
Read guide โGuides are for general information only โ always verify facts with HMRC or a qualified accountant.