Self Employed Archives | Accounting Wise Online Accountants providing modern Accounting Services Fri, 02 May 2025 09:35:07 +0000 en-GB hourly 1 https://wordpress.org/?v=6.7.2 https://development.a-wise.co.uk/wp-content/uploads/2025/02/cropped-Favicon-Large-32x32.png Self Employed Archives | Accounting Wise 32 32 What Is a Unique Taxpayer Reference (UTR)? https://development.a-wise.co.uk/what-is-a-unique-taxpayer-reference-utr/ Wed, 16 Apr 2025 14:06:57 +0000 https://a-wise.co.uk/?p=22641 When starting a business or becoming self-employed in the UK, there are plenty of forms and numbers you need to keep track of. One of the most important identifiers you’ll encounter is the Unique Taxpayer Reference (UTR) number.

The post What Is a Unique Taxpayer Reference (UTR)? appeared first on Accounting Wise.

]]> What Is Tax Residency? https://development.a-wise.co.uk/what-is-tax-residency/ Mon, 14 Apr 2025 09:20:54 +0000 https://a-wise.co.uk/?p=22523 Tax residency is a term that might sound niche - but it plays a major role in determining how much tax you owe, where you owe it, and what you need to report.

The post What Is Tax Residency? appeared first on Accounting Wise.

]]> Why the 31st January Tax Deadline Is Crucial for UK Businesses https://development.a-wise.co.uk/why-the-31st-january-tax-deadline-is-crucial-for-uk-businesses/ Tue, 21 Jan 2025 09:07:20 +0000 https://a-wise.co.uk/?p=21293 For UK businesses, the 31st January tax deadline is more than just a date on the calendar. It’s a key milestone for compliance with HMRC’s tax regulations.

The post Why the 31st January Tax Deadline Is Crucial for UK Businesses appeared first on Accounting Wise.

]]> How to Complete a Self-Assessment Tax Return – Top 10 Tips https://development.a-wise.co.uk/how-to-complete-a-self-assessment-tax-return-top-10-tips/ Mon, 13 Jan 2025 10:24:15 +0000 https://a-wise.co.uk/?p=20645 Submitting a self-assessment tax return can be daunting for many UK taxpayers, from self-employed professionals to landlords. We’re here to simplify it and this guide will help you complete your tax return correctly and efficiently.

The post How to Complete a Self-Assessment Tax Return – Top 10 Tips appeared first on Accounting Wise.

]]> Key Accounting Dates for UK Businesses in January 2025 https://development.a-wise.co.uk/key-accounting-dates-for-uk-businesses-in-january-2025/ Fri, 27 Dec 2024 09:27:21 +0000 https://a-wise.co.uk/?p=20643 We highlight the key accounting dates in January and provide tips on effectively managing your obligations during this important time.

The post Key Accounting Dates for UK Businesses in January 2025 appeared first on Accounting Wise.

]]> Can Clothes Be Claimed for as a Business Expense? https://development.a-wise.co.uk/can-clothes-be-claimed-for-as-a-business-expense/ Thu, 14 Mar 2024 19:28:41 +0000 https://a-wise.co.uk/?p=12668 Tax and expenses can be confusing at the best of times, especially when working out what counts as an allowable business expense!

The post Can Clothes Be Claimed for as a Business Expense? appeared first on Accounting Wise.

]]> How to Set Up Your Personal Tax Account With HMRC https://development.a-wise.co.uk/how-to-set-up-your-personal-tax-account-with-hmrc/ Sun, 10 Mar 2024 19:44:00 +0000 https://a-wise.co.uk/?p=13670 In this comprehensive guide, we will walk you through the process of how to set up a personal tax account, ensuring that you have all the necessary information at your fingertips to manage your taxes with ease and confidence.

The post How to Set Up Your Personal Tax Account With HMRC appeared first on Accounting Wise.

]]> Do I have to complete a Self Assessment tax return? https://development.a-wise.co.uk/do-i-have-to-complete-a-self-assessment-tax-return/ Wed, 06 Mar 2024 20:26:00 +0000 https://a-wise.co.uk/?p=13680 Amongst all of the legal documentation that your business needs to operate successfully and within the law, a self assessment is one of the most important.

The post Do I have to complete a Self Assessment tax return? appeared first on Accounting Wise.

]]> What is a government gateway ID and where to find it https://development.a-wise.co.uk/what-is-a-government-gateway-id-and-where-to-find-it/ Tue, 05 Mar 2024 20:00:00 +0000 https://a-wise.co.uk/?p=13674 We’ve delve into the ins and outs of a government gateway ID so you have all the information covered if you ever need to set one up or what to do in the event that you lose it.

The post What is a government gateway ID and where to find it appeared first on Accounting Wise.

]]> How to Register as a Sole Trader https://development.a-wise.co.uk/how-to-register-as-a-sole-trader/ Tue, 03 Aug 2021 10:18:38 +0000 https://a-wise.co.uk/?p=12662 One of the first decisions to make when registering as a sole trader is choosing between the pros and cons of different business structures. If you’ve decided to become a sole trader, that’s already progress!

The post How to Register as a Sole Trader appeared first on Accounting Wise.

]]>