Self Employed Uk

UK Trading Allowance Explained: The GBP 1000 Side Hustle Threshold

The UK trading allowance gives GBP 1,000 of self-employed income free of tax and the need to register. This guide covers what counts as trading income, when to use the allowance versus actual expenses, and the property allowance.

16 Jun 2026 · 7 min read

UK Sole Trader vs Limited Company: Which to Choose

UK sole traders pay income tax and Class 4 NI on profits; limited companies pay corporation tax and directors extract through salary and dividends. This guide compares the tax position, administration, liability and the crossover point for incorporation.

16 Jun 2026 · 10 min read

UK Sole Trader Allowable Expenses: Complete List

UK sole traders can deduct expenses incurred wholly and exclusively for business purposes under section 34 ITTOIA 2005. This guide covers the main categories: travel, premises, equipment, professional services, marketing, and the simplified expenses option.

16 Jun 2026 · 7 min read

UK Side Hustle Tax Rules: When to Declare

UK side hustle income above the GBP 1,000 trading allowance must be declared on Self-Assessment. Online platforms report to HMRC from January 2024. This guide covers when to register, common side hustles, and the tax treatment.

16 Jun 2026 · 7 min read

UK Self-Employed Statutory Rights: What You Lose

UK self-employed do not get employee rights: no Statutory Sick Pay, no Statutory Maternity Pay (Maternity Allowance is the alternative), no paid holiday, no pension auto-enrolment, no unfair dismissal protection. This guide lists what is lost and the alternatives.

16 Jun 2026 · 6 min read

UK Self-Employed Pension Options: SIPP and Personal

UK self-employed have no workplace pension; the routes are SIPP, personal pension, or stakeholder pension. Tax relief at marginal rate applies. Annual allowance GBP 60,000. This guide covers the choices and the State Pension layer.

16 Jun 2026 · 7 min read

UK Self-Assessment Payments on Account Explained

UK Self-Assessment payments on account are pre-payments of next year's tax, 50% each on 31 January and 31 July, applying where prior bill exceeded GBP 1,000 and less than 80% was collected at source. This guide covers calculation, reduction, and managing cash flow.

16 Jun 2026 · 7 min read

UK Self-Employed National Insurance: Class 2 and Class 4

UK self-employed pay Class 4 NI at 6%/2% on profits and (voluntarily since April 2024) Class 2 at GBP 3.45/week to build State Pension credits. This guide covers the rates, thresholds, and voluntary contributions.

16 Jun 2026 · 7 min read

UK Self-Employed Mortgage: Qualifying Without 2 Years Accounts

UK self-employed mortgages typically require 2-3 years of SA302s. Some specialist lenders accept 1 year of accounts for newly self-employed. This guide covers what lenders look for, the documents required, and how contractors and seasonal workers approach the application.

16 Jun 2026 · 7 min read

UK Self-Employed Maternity Allowance Explained

UK self-employed mothers can claim Maternity Allowance at GBP 184.03/week (2024/25) for up to 39 weeks. Eligibility: 26 weeks of self-employment in the 66 weeks before the baby's due date. This guide covers eligibility, claim process, and tax treatment.

16 Jun 2026 · 7 min read

UK Self-Employed: The Complete Tax and Money Guide

UK self-employed sole traders register with HMRC by 5 October following the tax year of starting, file Self-Assessment, pay Class 4 NI at 6%/2%, and follow CIS or VAT rules where applicable. MTD ITSA from April 2026 changes the filing rhythm. This guide covers each step.

16 Jun 2026 · 10 min read

UK Construction Industry Scheme (CIS) Explained

UK Construction Industry Scheme deducts tax from payments to subcontractors: 20% for verified, 30% for unverified, 0% for gross-payment status. Deductions offset against year-end tax. This guide covers registration, verification, and the gross payment route.

16 Jun 2026 · 7 min read

UK Self-Assessment Tax Return Explained Step-by-Step

UK Self-Assessment is the system for declaring untaxed income, capital gains and other items to HMRC. Online filing due 31 January following the tax year. This guide walks through registration, the SA forms, supplementary pages, payments on account, and penalty avoidance.

7 Jul 2026 · 9 min read

UK Freelancer Getting Paid from Abroad: Tax Treatment

UK freelancers paid from abroad are taxable on the worldwide income on the arising basis since April 2025. Foreign tax credits apply under double tax agreements. This guide covers tax treatment, payment routes (Wise, PayPal, bank), and VAT on B2B services.

16 Jun 2026 · 7 min read