Accounting Blog

HMRC requests for proof of expenses are common for sole traders and do not imply wrongdoing. This guide explains why HMRC asks, what evidence counts, how to organise records, handle missing receipts, explain business purpose, and respond professionally to reduce risk, penalties, and stress during a compliance check process efficiently.

Occasional sole trader income can still be taxable. This guide explains when sporadic freelance work, side gigs, or irregular sales count as trading, how profit is calculated, and when you must register, report income, or pay tax, even if you trade only a few times a year in practice today.

Learn what “claiming SaaS expenses” really means for tax and accounting. This guide explains how software subscriptions can be deducted, when VAT or GST can be reclaimed, how mixed-use tools are handled, and what freelancers, sole traders, and limited companies need to document to stay compliant.

Monthly invoicing simplifies billing but changes what you must track. Learn which bookkeeping records to keep, how to organize invoices, payments, expenses, and contracts, and how to build a routine that prevents missed billables, cash flow surprises, tax errors, and stressful month-end scrambles for freelancers and small businesses everywhere today.

Learn how to manage brand collaboration income with confidence. This guide explains cash payments, gifted products, affiliate commissions, taxes, contracts, and tracking systems for creators. Discover practical steps to separate finances, save for taxes, track profitability, and build sustainable income from brand partnerships without stress or costly mistakes long term.

Can accessibility tools or software be claimed as business expenses? This guide explains when accessibility-related software and equipment may be deductible, how business versus personal use is assessed, common pitfalls to avoid, and how self-employed people, contractors, and small companies can document and justify accessibility costs.

Can self-employed professionals claim accessibility tools as business expenses? This guide explains when accessibility software and equipment are deductible, how “wholly and exclusively” rules apply, how to handle mixed personal use, subscriptions versus hardware, company versus sole trader differences, and practical recordkeeping tips to support clear, defensible claims effectively today.

Learn how selling services on social media creates real tax obligations. This guide explains business income, VAT/GST, self-employment tax, cross-border rules, deductions, recordkeeping, and common pitfalls for creators, coaches, and freelancers using platforms like Instagram, TikTok, and YouTube. Understand when hustles become taxable and how to stay compliant globally today.

HMRC can contact taxpayers years after a return is filed to check figures, request records, or raise assessments. This guide explains why it happens, how far back HMRC can go, common triggers, and how to respond calmly, protect your position, reduce penalties, and resolve historic tax queries efficiently with confidence.