Accounting Blog
Expert insights for United Kingdom businesses
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This guide explains when business-related stock photos, fonts, templates, and design assets can be claimed as expenses. Learn how licensing, subscriptions, capital vs revenue treatment, VAT, mixed personal use, and recordkeeping affect deductibility—so you can claim costs confidently and stay compliant with common tax rules.
Commission and referral income includes affiliate earnings, finder’s fees, and sales commissions—cash or non-cash. This guide explains how to classify income, track payments, handle fees, plan for tax, manage cross-border issues, deduct expenses, and build simple systems to stay compliant, organized, and confident as your earnings grow over time sustainably.
Can you claim social media advertising as a business expense? This guide explains what claiming expenses really means, how the wholly and exclusively rule applies, when ads are deductible, VAT considerations, common pitfalls, and the records you need to confidently claim Facebook, Instagram, LinkedIn, and other social media ad costs.
Selling services through online marketplaces still creates taxable business income. This guide explains how income tax, self-employment rules, VAT/GST, withholding, and cross-border issues apply to freelancers and service providers. Learn how to track gross income, deduct fees, stay compliant, and avoid common tax mistakes.
Learn how taxes work when you sell services through online marketplaces. This guide explains business versus self-employment income, gross receipts, deductible platform fees, VAT/GST issues, cross-border rules, reporting forms, and practical steps to stay compliant, track records, plan payments, and avoid common mistakes worldwide for freelancers, creators, consultants, sellers, globally.
What does HMRC enforcement action mean for sole traders? This guide explains warning signs, common enforcement steps, and how to respond calmly. Learn how to verify HMRC messages, check tax figures, stop escalation, negotiate Time to Pay arrangements, and protect your business while resolving tax debt and future compliance risks.
Wondering if a small sole trader profit means no tax? UK rules depend on profit, allowances, National Insurance, and filing duties. This guide explains when low profits are tax-free, when Self Assessment is still required, and how side hustles, expenses, and thresholds affect what you owe—and what you must report.
Can you claim Google Workspace or Microsoft 365 as business expenses? This plain-English guide explains when subscriptions are deductible, how to handle mixed personal use, apportion costs, record invoices, and stay compliant. Ideal for freelancers, sole traders, and small businesses managing software subscriptions and tax deductions with practical real-world examples.
Registering for Self Assessment doesn’t end your tax obligations. If HMRC issues a notice to file and you don’t submit a return, automatic penalties, interest, and enforcement action can follow. This guide explains what triggers penalties, what happens if you owe nothing, and how to reduce damage if you’ve missed a deadline.
