Do I Need to Pay Tax on Things I Sell Online?
Do I Need to Pay Tax on Things I Sell Online? Home / Post Detail AMAccountEx-ltd Selling handmade crafts or second-hand clothes online might seem like a great way to make extra cash, but did you know that your hobby could land you with a tax bill from HMRC? Whether you’re selling on platforms like […]
Comprehensive Tax Return Guide for Electricians (Sole Traders in the UK) Home / Post Detail AMAccountEx-ltd Are you a self-employed electrician? Navigating taxes can feel overwhelming, but this guide breaks it down step-by-step—from registering as self-employed to understanding how much tax you’ll pay, claiming allowable expenses, and meeting HMRC deadlines. 1. Understanding Your Tax Status […]
10 Things You Need to Know if You Are Self-employed
10 Things You Need to Know if You Are Self-employed Home / Post Detail AMAccountEx-ltd 24 April, 2024 Register with HM Revenue & Customs for Self-Assessment Self-employed individuals must register with HMRC once they start trading. You need to register by 5th October following the end of the tax year in which you began trading. […]
The Benefits of Filing Your Tax Return Early
The Benefits of Filing Your Tax Return Early Home / Post Detail AMAccountEx-ltd Many taxpayers procrastinate and only tackle their self-assessment tax returns during the busy winter months. But filing your tax return early can offer several advantages. Here’s why you should consider completing your tax return sooner rather than later. By Adil Mehmood Mir, […]