If you’re self employed, an SA302 form is usually generated as part of your normal self assessment process. If you haven’t got yours and have been asked for it, they’re a straightforward document to get a copy of. We’ll look at when an SA302 is generated each tax year, and how it’s used as proof […]
Finance & Tax
Employer’s Liability Insurance, The Basic State Pension – Qualifying
There are some jobs that cannot be done without the ownership of the proper tools. Electricians, mechanics, plumbers and joiners all need specialist equipment to carry out their work. HMRC offers a tool tax rebate to eligible employees. HMRC recognises that many individuals fit the criteria for this rebate. If you haven’t applied or didn’t […]
If you are an employee in the care sector, you could be missing out on a care worker tax rebate. This involves claiming tax back on certain expenses related to your job. The rebate is open to any employee in the healthcare industry. When you find yourself in the position of purchasing items specifically for […]
A P60 form is something that is usually issued by an employer. Self employed traders submit their earnings data via self assessment tax returns. Generating a p60 is not part of this process. There may be times when you’d need proof of self employed income, that a P60 would provide. Our guide looks at what […]
When you’re self employed, you are responsible for submitting your own accounts. This includes filling in tax returns and declaring your earnings. When you are an employee working for someone else, the employer is responsible for issuing you with such information, including PAYE forms like P45s. This guide takes a closer look at the self […]
The rules around working from home and tax relief have changed recently. The pandemic and WFH requirements at that time meant that eligibility for the rebate was extended to millions of employees. The rules have since changed to limit who can claim a rebate. Our guide focuses on working from home tax relief as the […]
You need to fill in a P87 form if you wish to claim tax relief for expenses you have accrued through your employment. Eligible expenses include mileage and travel, work uniforms, and work related equipment such as tools. This guide looks at how to use a P87 form for claiming a tax rebate for expenses […]
PAYE and tax forms all have different uses. A P60 form is a very important document, and it’s vital to keep yours in a safe place. P60’s are issued every tax year by your current employer. Our guide looks at what a P60 for is, and how to use the information on it. We’ll take […]
A P45 is a form that is issued to UK employees when they leave a job. It’s used to ensure you are placed on the correct tax code when you start a new job. It’s a legal requirement for the document to be provided within a reasonable time after the end of employment. Your P45 […]
Being a carer is a rewarding career. However, operating on a freelance basis means it’s important to get the right self employed carer insurance policy in place. Like any other business run as a sole trader, any dispute, allegation, or legal claim made against you is your responsibility to defend. As a carer, you may […]