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Why your business needs professional indemnity insurance

Apr 17th 2025

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Article Provided by PolicyBee If you’re wondering, “Do I need professional indemnity insurance?” this guide is here to help. But before we look at why your business needs professional indemnity (PI) insurance, let’s shed some light on what it actually is. Professional indemnity insurance is there to protect you if a client claims you didn’t do your job properly. […]

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Why File your Self Assessment Tax Return in April?

Mar 24th 2025

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Article by GoSimpleTax Having just filed your 2023/24 Self Assessment tax return, hopefully ahead of the 31 January online filing deadline, you probably don’t want to have to think about your next tax return for a good while. That’s perfectly understandable. However, there are a few very good reasons to start looking at your 2024/25 […]

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How to avoid the usual 31 January Self Assessment deadline panic

Jan 10th 2025

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By GoSimpleTax OK, so yet again you’ve left sorting out your Self Assessment tax return until far too late, despite promising yourself that you wouldn’t ever let it happen again. Tut, tut. The online filing deadline, which is midnight on 31 January, is now fast approaching and you’re beginning to panic. First things first: stop […]

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What if Christmas sales push your side-hustle income over the £1k trading allowance?

Dec 17th 2024

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By GoSimpleTax The weeks leading up to Christmas bring a welcome sales boost to many British businesses, including a large proportion of the UK’s 3.1m sole traders. And although business owners will get a lot of extra festive cheer from selling more and increasing their annual sales revenue, it can bring additional tax-reporting responsibilities, which […]

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