Most self-employed professionals now work from or carry out some work-related activities at home though it is uncertain if they all know that they can reduce their tax bills with business use of home expenses. There are 2 ways of working out the expenses you can claim from your profits for the extra running costs … Continue reading
Sole Trader? Make sure you know which records to keep and make sure your records are up to date. HM Revenue and Customs publishes a good guide aptly named, “A general guide to keeping records for your tax return”. Download, save and refer to it regularly to make sure you are aware of your responsibilities. … Continue reading
