Finance & Tax

Employer’s Liability Insurance, The Basic State Pension – Qualifying

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What is an SA302 Form & How to Get Yours – HMRC Documentation Guide

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 […]

Tool Tax Rebate – How to Claim from HMRC For Employee Work Expenses

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 […]

Care Worker Tax Rebate – Relief on Employment Expenses for Nurses & Healthcare Workers

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 […]

P60 for Self Employed – Do Sole Traders Need to Get This PAYE Form?

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 […]

Do You Get a P45 if Self Employed? PAYE Guide for Sole Traders

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 […]

Working From Home Tax Relief, Who Can Claim & How to Get a Rebate

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 […]

P87 Form – Claiming Tax Relief for Expenses of Employment

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 […]

What is a P45 Form & What is it Used For? PAYE Guide

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 […]

Self Employed Carer Insurance – What Policies Do Private Carers Need?

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 […]

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