GoSimpleTax Blog - Tax Advice & UK Tax Articles

GoSimpleTax Blog

5 Tips For Your Tax Return As A Sole Trader

There are ways to avoid the risks of an incorrect tax return – you just need to know...

3 Ways Independent Creative Businesses Can Prepare For MTD

Are you ready for Making Tax Digital (MTD)? Are you fully aware of what exactly MTD is? Does...

4 Ways To Turn Your Passion Project Into A Pay Cheque

There comes a point in every freelancer’s life when it’s time to consider turning your side hustle into...

Why It Pays For Teachers To Educate Themselves On Expenses

Teachers are often required to spend their own money on learning materials for lessons. These purchases can be...

Exemption And Partial Exemption From VAT Explained

Getting to grips with Value Added Tax (VAT) can be difficult. There are three rates (20%, 5% and...

Easy Ways To Maximise Take-Home Pay As A Tradesperson

If you were to ask a tradesperson one of the main perks of the job, they might probably...

What Are The Income Tax Brackets For 2019?

Every year, the government announces new financial plans in their Autumn Budget. In 2018, arguably the most significant...

What Happens If My VAT Return Is Late?

As a business owner, you are responsible for making sure your VAT returns are submitted (and your tax...

I’ve Missed The Self-Assessment Tax Deadline – Can I Avoid A Fine?

By midnight on the 31st October 2019 or 31st January 2020, you need to file a Self Assessment...