HMRC Posts
New tax year – time to get a grip of your finances?
May 7th 2025
Article by GoSimpleTax The new UK tax year began on 6 April, as it has for more than 225 years. As well as being the date when UK tax rules can change, it can also be a great time for sole traders and landlords to make simple changes that leave them better organised, more in […]
What if Christmas sales push your side-hustle income over the £1k trading allowance?
Dec 17th 2024
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 […]
