Guides for UK Sole Traders

Clear, practical walkthroughs to help you stay compliant and confident with your Self Assessment.

How Self Assessment Works for Sole Traders

Step-by-step look at what Self Assessment is, who needs to file, and how the process works.

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How to Register as Self-Employed

When and how to register with HMRC, plus what details you'll need to provide.

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Allowable Expenses for Sole Traders

Common deductible costs, what counts as allowable, and tips to stay compliant.

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Key Tax Deadlines for UK Sole Traders

Key HMRC dates to track for filing and paying your Self Assessment tax return.

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Making Tax Digital (MTD) for Sole Traders

What MTD means for sole traders and how to stay compliant with digital record keeping.

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Records Sole Traders Need to Keep

Which records to keep, for how long, and practical tips to stay organised.

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MTD Compatible Software: What It Is and How to Choose

Understand what MTD compatible software means, required features, and how to pick the right tool.

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MTD Quarterly Submissions: What You Need to Send

A clear guide to MTD quarterly updates, what they include, and when they are due.

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MTD Income Thresholds: Who Must Comply and When

Income thresholds for MTD ITSA, how HMRC measures them, and what happens near the limit.

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MTD for Landlords: What Changes in 2026

What landlords need to know about MTD ITSA, digital records, and quarterly updates.

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MTD Penalties and Late Filing: How the Points System Works

How MTD late submission penalties work and how to avoid points and fines.

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Making Tax Digital 2026: What Changes and Who It Affects

Overview of the 2026 MTD ITSA rollout, thresholds, and how to prepare.

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MTD Bridging Software: When You Need It and How It Works

Understand MTD bridging software, when it is required, and how it connects spreadsheets to HMRC.

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MTD ITSA Deadlines: Quarterly Updates and Year-End Dates

Key MTD ITSA deadlines for quarterly updates, End of Period Statements, and final declarations.

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MTD Digital Record Keeping: What You Must Record

Required digital records for MTD ITSA, what to track, and how to keep evidence.

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How to Register for MTD ITSA

Steps to sign up for MTD ITSA and start submitting with compatible software.

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Filing Your First Self Assessment Tax Return

Complete guide for first-time filers including registration, preparation, and common mistakes to avoid.

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Sole Trader vs Limited Company: Which Is Right for You?

Compare sole trader and limited company structures for tax efficiency, liability, and administration.

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Class 2 National Insurance for Self-Employed

How Class 2 NI works, thresholds, payment methods, and impact on state pension entitlement.

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Class 4 National Insurance for Self-Employed

Class 4 NI rates, thresholds, and how it is calculated on self-employment profits.

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Payments on Account: How Advance Tax Payments Work

Understanding HMRC payments on account, when they apply, and how to reduce them if needed.

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How to Reduce Your Tax Bill Legally

Legitimate strategies for sole traders to reduce Income Tax and National Insurance through allowances and reliefs.

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Working From Home Tax Relief: How to Claim

HMRC working from home allowance explained, including the flat rate method and actual costs calculation.

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Vehicle Expenses for Self-Employed: Cars and Vans

How to claim car and van expenses as a sole trader, including mileage rates and actual costs methods.

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Business Travel Expenses: What You Can Claim

Guide to claiming travel expenses as a sole trader, including meals, accommodation, and transport.

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Capital Allowances on Equipment: A Guide for Sole Traders

How to claim capital allowances on business equipment, including the Annual Investment Allowance.

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Tax-Deductible Professional Subscriptions and Memberships

Which professional body memberships and subscriptions you can claim as a business expense.

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Training Costs: When Are They Tax Deductible?

HMRC rules on claiming training and course fees as a business expense for sole traders.

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Claiming Phone and Internet Expenses

How to claim mobile phone and broadband costs as a sole trader, including apportionment methods.

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UK Rental Income Tax: Complete Guide for Landlords

How rental income is taxed in the UK, allowable expenses, property allowance, and mortgage interest relief rules.

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Dividend Tax UK: Rates, Allowances and How to Report

Guide to UK dividend taxation including the dividend allowance, tax rates by band, and Self Assessment reporting.

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Capital Gains Tax UK: Property, Shares and Investments

Complete guide to CGT on property sales, investments, and assets including annual exempt amount and tax rates.

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Bank Interest Tax UK: Personal Savings Allowance Explained

How bank and savings interest is taxed in the UK, the Personal Savings Allowance, and when you need to report it.

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Cryptocurrency Tax UK: HMRC Rules for Crypto Investors

How crypto is taxed in the UK, Capital Gains Tax on Bitcoin and altcoins, and Self Assessment reporting requirements.

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Foreign Income Tax UK: Reporting Worldwide Income

How UK residents report and pay tax on foreign income, remittance basis, and double taxation relief.

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Side Hustle Tax UK: Tax Guide for Extra Income

Tax rules for side income, gig work, and freelancing including the trading allowance and when to register.

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