The Finance Blog
The Finance Blog
You know that feeling — rustling through an overstuffed drawer, trying to find that one receipt from six months ago, only to discover it’s faded beyond recognition. Or worse, it’s gone entirely. In today’s digital world, that doesn’t have to be your reality. Digital record keeping is more than a trend — it’s now essential Read More
For many freelancers, the end of the tax year can feel like that last-minute sprint at the end of a marathon — juggling invoices, expenses, and spreadsheets while trying to stay on top of it all. But it doesn’t have to be stressful. With a bit of forward thinking and some smart year-end strategies, you Read More
You’ve landed new clients, wrapped up a big project, and invoiced for your best month yet. Life as a freelancer or sole trader is finally looking up—until tax season rolls around and hits you with a figure that makes your stomach drop. Sound familiar? You’re not alone. One of the biggest challenges of self-employment is Read More
Ever had that sinking feeling when your tax bill lands and you realise your bank balance isn’t ready for it? You’re not alone. Whether you’re a freelancer, sole trader, or small business owner, the unpredictable nature of self-employment often comes with a financial rollercoaster — and the taxman doesn’t wait for you to catch your Read More
You’ve worked hard all year, juggled clients, managed invoices, and poured energy into growing your business. But in the flurry of deadlines and life admin, one important date slipped your mind: your tax payment deadline. A week later, you get a letter from HMRC, and just like that, you owe not only tax but also Read More
Ever wondered if there’s a simple way to earn some tax-free income without diving into the depths of Self Assessment or stressing over HMRC paperwork? If you earn a bit of money on the side — say, selling on Etsy, doing weekend photography gigs, or tutoring part-time — the trading allowance might just be the Read More
So, you’ve taken the leap into freelancing — flexible hours, working in your pyjamas, being your own boss. Glorious, right? But just when you’re celebrating ditching the 9-to-5 grind, tax season rolls around like an uninvited guest. Whether you’re a seasoned gig worker or just starting your side hustle, understanding how freelance taxes work is Read More
Thinking of freelancing in the UK? Registering as self-employed is a key step. It matters if you’re starting a creative project, contracting, or selling services online. If you don’t register properly, you might get fined. You could also lose tax benefits and hurt your credibility with clients. Last updated: May 9, 2025. This guide shows Read More
Imagine this: you’ve just bought a high-spec laptop to handle your design work. Maybe you’ve also subscribed to Adobe Creative Cloud, Zoom Pro, or project management tools like Trello Premium. These tools aren’t just costs — they’re essential to your business. But are you making the most of them at tax time? Too many freelancers Read More