Category: Business

There are simplified expenses arrangements available for sole traders and business partnerships (with no

The income generated from land or property in the UK is treated as arising from a UK property business.

The salaried member legislation applies to certain members of a Limited Liability Partnership (LLP) whose

The new 40% First Year Allowance came into force from 1 January 2026. This marks an important development

If you are self-employed, knowing which everyday costs you can legitimately claim can make a real

Starting a new business can be expensive, but many of your pre-trading costs may qualify for tax relief

HMRC is currently contacting certain sole traders by email to reiterate the importance of adjusting

For many small business owners, the focus is on day-to-day operations. However, building long-term value

Many business gifts and hospitality costs are not tax-deductible under current rules.

Entertainment

Running more than one self-employed business? HMRC will not always treat them as separate. Whether they