September 19, 2026
Sole Trader Bookkeeping: A Simple System That Survives MTD
A sole trader bookkeeping system that meets MTD digital record rules: what a digital record must contain, the 7 Aug/Nov/Feb/May rhythm, and retention periods.
Read articleCategory: Sole Traders & Side Hustles
September 19, 2026
When to Switch from Sole Trader to Limited Company
Incorporating pays when you retain profit, not at a magic turnover. The 2026/27 break-even, the non-tax triggers, and the incorporation mechanics step by step.
Read articleSeptember 19, 2026
Allowable Expenses for the Self-Employed: The Complete List
Every allowable expense category for sole traders in 2026/27, the 55p mileage rate, simplified expenses flat rates, capital allowances at 14%, and what you…
Read articleSeptember 19, 2026
How to Register as a Sole Trader with HMRC
Register as a sole trader on form CWF1 by 5 October. Covers the Class 2 double-registration trap, GOV.UK One Login, UTR timings and what…
Read articleSeptember 18, 2026
Sole Trader vs Limited Company in 2026: The Full Comparison
Real 2026/27 arithmetic at £30k–£100k profit. Dividend rises, 15% employer NIC and the single-director rule have narrowed the limited company advantage.
Read articleSeptember 18, 2026
Class 2 and Class 4 National Insurance for the Self-Employed 2026/27
Class 2 is not collected at profits of £7,105 or more but it still credits your NI record. Class 4 runs at 6% then…
Read articleSeptember 18, 2026
Sole Trader Tax Explained: What You Pay and When
Income Tax bands, Class 2 and Class 4 National Insurance, payments on account and the 31 January / 31 July rhythm — with a…
Read articleSeptember 12, 2026
Do You Pay Tax on Vinted, eBay and Etsy Sales? Platform Reporting Rules
Selling used possessions is not normally trading, so usually no Income Tax. Platform reports explained, the badges of trade and the £6,000 chattels rule.
Read articleSeptember 12, 2026
Side Hustle Tax UK: The £1,000 Trading Allowance Explained
The trading allowance is £1,000 of gross income, not profit. Full relief vs partial relief, worked examples, the £3,000 myth and what platform reports…
Read articleSeptember 6, 2026
How Much Does an Accountant Cost for a Sole Trader?
What a sole trader accountant actually costs in 2026, why most published price lists are limited company prices, and the five things that move…
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