self-assessment

The Dual Burden: National Insurance and Income Tax for Self-Employed Business Owners

Self-employed business owners in the UK face a unique set of challenges. Among these is the dual burden of paying both National Insurance contributions and income tax. This system seems downright absurd to many – is there any merit to it? The Financial TightropeRunning a business is no easy feat. Self-employed individuals wear many hats … Continue reading →

*Less than 6 months left to fill in National Insurance gaps to 2006* You have until 5 April 2025 to fill gaps in your National Insurance records for all years from 6 April 2006 to 5 April 2018, which could boost your State Pension if eligible. After the deadline, you will only be able to … Continue reading →