Tax Needn’t Be Taxing:
Sole Trader Tax Help
Britain has the most complex tax system in the world, proving too much to handle for some self-employed individuals and entrepreneurs. Discover how to manage your sole trader tax right here!
Sole trader tax can be a tough nut to crack.
While businesses and corporations often find support from finance experts and in-house account management teams, those running their own single-person operations tend to be left to their own devices when it comes to tax.
What Is a Self-Assessment Tax Accountant? A self-assessment tax return accountant is either an individual or a firm that offers professional tax return services to businesses. The level of service can vary from correspondence with HMRC and submitting your accounts to...read more
What Is a Self-Assessment Tax Return? When you earn money through employment, your employer will submit PAYE tax to HMRC. PAYE (pay-as-you-earn) is a system whereby employers take your income tax and National Insurance contributions directly out of every paycheck. In...read more
What Does Voluntary Disclosure Mean? Voluntary disclosure is simply the act of letting government services like HMRC know about a mistake or non-compliant activity without being prompted. This is all about open and honest business practice that aims to put matters...read more
Online accountants have grown in popularity over the past few years as more and more businesses start to adapt to the digital era and integrate web-based solutions into their current processes. If you aren't familiar with the practice, you might find yourself asking,...read more
The idea of UK tax investigations is likely to fill even the most cautious and financially responsible business owner with a sense of dread. The fact that HMRC could end up combing through all your facts and figures leaves you questioning every tax return you’ve ever...read more
Nearly 5 million self-employed individuals are working across the UK. That’s around 17% of the entire British working population. It’s a huge number, and one set to keep rising. According to SmalBusiness.co.uk, over 2.5 million Brits dream of starting their own small...read more
Self-employment is on the rise, and it has been for quite some time. Figures show that since 2001, we’ve seen more than a million new self-employed workers move over from traditional forms of employment. That puts the current UK’s working population at over 15%...read more
Looking for information on business tax rates for the 2019/2029 financial year? Finding other resources confusing and overcomplicated? RS Accountancy explains matters in simple terms. If you operate a small business, you will have to pay tax. How much tax you owe...read more
Taxation is a complicated process. There are many rules and regulations that apply, each with their selection of caveats, loopholes and ambiguities. Trying to understand all facets of tax is a job appropriate only for a financial expert. But that doesn’t mean you...read more
Updated for October 2019 Discover whether or not you have the budget for a new business loan with our business loan repayment calculator. Visualise the costs of borrowing and understand the true cost of your investment. When it comes to securing funding...read more