Self-assessment: repair or capital?

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA A recap of what is allowable when preparing your taxes The profits of a trade are calculated in accordance with generally accepted accounting...

Side-Hustles & Tax

There has been a lot of confusion online about ‘side-hustle’ tax. Money Saving Expert Martin Lewis, accidentally overcomplicated the rules and then tried to correct himself by oversimplifying them. You will need to register for tax if your side-hustle...