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Tax tips & guides

Tax Tips & Guides

Practical, no-nonsense advice for self-employed tradespeople. No jargon. No waffle. Just what you need to know.

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What is Making Tax Digital? A Plain English Guide

Everything you need to know about MTD for Income Tax — what it is, who it affects, and what you actually need to do. No HMRC-speak.

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MTD Coming soon

Making Tax Digital for Income Tax: What Happens in April 2026?

Making Tax Digital isn't just for VAT anymore. From April 2026, many sole traders and landlords will need to keep digital records and submit quarterly updates to HMRC. If you earn over £50,000 from self-employment or property, this change is coming sooner than you think. Here's what happens, who's affected first, and how to prepare without the panic.

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Quarterly Coming soon

Quarterly Updates Explained: What You Actually Have to Send HMRC

One of the biggest worries around Making Tax Digital is quarterly reporting. Do you need to file four tax returns a year? Will you owe tax every quarter? Not quite. In this guide, we break down exactly what a quarterly update is, what information HMRC expects, and what stays the same.

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E-Invoicing Coming soon

E-Invoicing Is Coming to the UK: What Businesses Need to Know Now

The government has announced that electronic invoicing will become mandatory for VAT invoices from 2029. That sounds far away — but software changes, supplier systems and processes take time to adjust. Here's what e-invoicing really means, how it differs from sending a PDF, and why early preparation will matter.

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IR35 Coming soon

IR35 in 2025: What Contractors and Small Companies Should Watch

IR35 hasn't gone away — and HMRC's enforcement is becoming more confident. Recent updates have clarified timelines for small company exemptions and changes to status tools like CEST. If you operate through a limited company or hire contractors, here's what to keep an eye on over the next two years.

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Records Coming soon

Digital Record-Keeping: What Counts (and What Doesn't)

Under Making Tax Digital, keeping digital records is mandatory — but what does that actually mean? Is a spreadsheet enough? What about bank feeds? Can you still keep paper receipts? We explain what qualifies as a digital record, what HMRC accepts, and how to stay compliant without overcomplicating things.

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