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Tax Tips

Practical ways to keep more of what you earn: allowable expenses, allowances, reliefs and the deadlines that cost money when they are missed.

  • 139 articles
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Tax Tips articles

  • Tax Tips

    How to Change Your Tax Code: Four Routes, One Goal

    Discover exactly how to change your tax code with HMRC, which method works fastest, and how to reclaim money if yours has been wrong for months.

    8 min read

  • Tax Tips

    Tax Code Numbers: What Each Digit Actually Means

    Your tax code number is not random. Each digit tells HMRC how much to take from your pay. Here is how to decode yours and reclaim overpaid tax.

    10 min read

  • Tax Tips

    Your Tax Code Is a Message from HMRC. Can You Read It?

    Most employees receive their tax code without understanding it. This guide decodes every number and letter so you can spot when HMRC has got yours wrong.

    10 min read

  • Tax Tips

    Your Wrong Tax Code Is Costing You Money Right Now

    Millions of UK workers are on the wrong tax code without knowing it. Find out what your code should be, how much you might be owed, and how to claim it back.

    9 min read

  • Tax Tips

    Invoice Finance for Sole Traders: The Fee Nobody Quotes

    An invoice finance facility charges 1-5% per invoice to unlock your cash early. Here is what UK sole traders actually pay, and why your records set the rate.

    8 min read

  • Tax Tips

    Limited Company Dividend Tax: What the Calculator Skips

    The dividend allowance fell from £5,000 to £500 in seven years. Before you incorporate, here is what the limited company dividend tax calculator is not showing you.

    8 min read

  • Tax Tips

    Tax Software for Self-Employed Has a Cashflow Blind Spot

    Your tax software calculated the bill correctly. Here's why you still didn't have the money in January, and what to look for in software that actually helps.

    8 min read

  • Tax Tips

    Accounting for a Sole Trader: The Mortgage Problem

    Most sole traders optimise their accounts for HMRC alone. The true cost only appears when a mortgage lender says no. Here is what three audiences need from your records.

    9 min read

  • Tax Tips

    Free Partnership Tax Return Software: The Wrong Search

    Searching for free partnership tax return software? Here's why the question itself may be leading you toward the wrong solution entirely.

    8 min read

  • Tax Tips

    Inside IR35 Take-Home Pay: The Real Costs

    Concrete inside IR35 take-home pay figures for contractors earning £50,000-£80,000: deemed salary, PAYE, employer NI, and the true gap versus an outside IR35 engagement.

    8 min read

  • Tax Tips

    Corporation Tax Calculator: Wrong Tool, Wrong Tax

    Searching for a corporation tax calculator as a sole trader? You're calculating the wrong tax entirely. Here's what you actually owe and why it matters.

    8 min read

  • Tax Tips

    Tax Code Calculator: Why the Maths Is Only Half the Job

    A tax code calculator tells you what you owe. It cannot tell you whether your tax code is right. Here is what sole traders miss and why it costs them.

    8 min read

  • Tax Tips

    Inside IR35 Meaning: What It Actually Does to Your Pay

    Inside IR35 meaning explained without jargon. Understand exactly what the status costs a sole trader earning £50,000-£80,000, and what to do about it.

    8 min read

  • Tax Tips

    Sole Trader Tax Calculator: What the Number Misses

    A sole trader tax calculator gives you a figure. But which figure? Here's what the estimate leaves out and why it matters before April 2026.

    9 min read

  • Tax Tips

    IR35 Calculator: What the Number Actually Tells You

    An IR35 calculator gives you a liability estimate, not a status verdict. Here's what sole traders and contractors need to understand before trusting the output.

    8 min read

  • Tax Tips

    Tax Code Checker: When Your Code Is Quietly Wrong

    Your tax code could be costing you hundreds. Here's how to use a tax code checker to catch HMRC's mistakes before they compound into real money.

    8 min read

  • Tax Tips

    Outside IR35: What the Status Actually Costs You

    Being outside IR35 sounds like a win. But the tax obligations, MTD deadlines, and admin burden can blindside even experienced contractors.

    9 min read

  • Tax Tips

    IR35 Advice: What Sole Traders Get Wrong Every Time

    IR35 catches more sole traders than HMRC admits. Here is the honest IR35 advice you need before your next contract, without the jargon.

    8 min read

  • Tax Tips

    Check My Tax Code: What HMRC Gets Wrong About You

    Your tax code controls how much income tax you pay. Here's how to check yours, spot HMRC's common mistakes, and reclaim what you're owed as a sole trader.

    9 min read

  • Tax Tips

    Mileage Claim Calculator: Stop Leaving Cash on the Road

    UK sole traders lose hundreds each year by under-claiming mileage. Here's exactly how to use a mileage claim calculator and what HMRC actually allows.

    9 min read

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