HMRC considering shorter registration deadlines for sole traders and landlords
Personal Tax

HMRC considering shorter registration deadlines for sole traders and landlo...

5y Emma Rawson

HMRC considering shorter registration deadlines fo...

ATT technical officer, Emma Rawson, takes a look at HMRC’s new call for evidence which explores potential reforms to how and when individuals with pro...

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Struggles faced by sole traders revealed by HMRC tax record study
Business

Struggles faced by sole traders revealed by HMRC tax record study

7y Chris Jewers

Struggles faced by sole traders revealed by HMRC t...

One-fifth of self-employed sole traders don’t survive one year, and the majority don’t survive five. Read More...

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Unlock opportunities in the sole trader market
Business

Unlock opportunities in the sole trader market

8y

Unlock opportunities in the sole trader market

Unlock opportunities in the sole trader market A recent survey of 800 accountants by QuickBooks found that 42% of the respondents’ clients were sole t...

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The Practitioner: Dividends change forces sole trader choice
Corporate Tax

The Practitioner: Dividends change forces sole trader choice

11y The Practitioner

The Practitioner: Dividends change forces sole tra...

The small company route is becoming increasingly unattractive, as dividend tax rule changes, plus VAT, sees the sole trader option being taken Read Mo...

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Old-fashioned accountants are damaging to sole traders
Accounting Firms

Old-fashioned accountants are damaging to sole traders

15y Rachael Singh

Old-fashioned accountants are damaging to sole tra...

Self-employed need more up-to-date information on their financial health to ensure their survival Read More...

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Sole traders uncertain over future tax liabilities
Corporate Tax

Sole traders uncertain over future tax liabilities

20y Nicholas Neveling

Sole traders uncertain over future tax liabilities

Advisers make urgent calls for Treasury to clarify plans on small business taxation Read More...

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Business - Sole traders seek change
Personal Tax

Business - Sole traders seek change

29y John Stokdyk

Business - Sole traders seek change

Chancellor Gordon Brown came under pressure this week to include the UK’s four million unincorporated sole traders in his proposals to overhaul ...

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Budget Focus: MTD ITSA expands to sold traders and landlords
Budget 2024

Budget Focus: MTD ITSA expands to sold traders and landlords

2y Accountancy Age

Budget Focus: MTD ITSA expands to sold traders and...

In the latest Autumn Budget, the UK government doubled down on its commitment to digitalising tax processes, announcing that Making Tax Digital for In...

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HM Revenue cracking down on eBay traders
Administration

HM Revenue cracking down on eBay traders

20y AccountancyAge.com

HM Revenue cracking down on eBay traders

Buyers and sellers not the only people visiting auction sites - taxman prowling as well Read More...

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Regular share traders face tax threat
Personal Tax

Regular share traders face tax threat

23y AccountancyAge.com

Regular share traders face tax threat

Individuals who buy and sell shares on a regular basis could be in for a nasty shock as their profits could be hit by new tax obligations. Read More...

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Leeson learnt: rogue trader - and auditors - could escape another day
Consulting

Leeson learnt: rogue trader - and auditors - could escape another day

25y rumo , Writer

Leeson learnt: rogue trader - and auditors - could...

As Accountancy Age went to press, Justice Evans-Lombe had agreed to a three-day delay to allow liquidators and Coopers, now part of PricewaterhouseCoo...

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From MTD deadlines to tax partner hires - the week UK accountancy couldn't ignore
HMRC

From MTD deadlines to tax partner hires - the week UK accountancy couldn't ...

1m nikita alexander

From MTD deadlines to tax partner hires - the week...

Ahead of the 7 August MTD ITSA deadline, 23% of sole traders are rushing to incorporate to dodge quarterly reporting, risking heavier administrative b...

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23% consider quitting over MTD chaos
HMRC

23% consider quitting over MTD chaos

5m nikita alexander

23% consider quitting over MTD chaos

A new study of 1,000 high-earning sole traders shows that nearly half feel "forgotten" by the MTD system, while myths regarding quarterly payments and...

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Re-engineering the Practice for MTD
MTD

Re-engineering the Practice for MTD

6m Accountancy Age

Re-engineering the Practice for MTD

MTD for Income Tax introduces a five-fold increase in reporting frequency for sole traders. We examine the technical challenges of the "fee ceiling," ...

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MTD unawareness opens new client opportunities for accountants
Client Enagagement

MTD unawareness opens new client opportunities for accountants

1y Accountancy Age

MTD unawareness opens new client opportunities for...

New research shows nearly a third of sole traders haven’t even heard of Making Tax Digital, with under a year to prepare Read More...

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Lord Hollick on Making Tax Digital: Committee ‘puzzled’ by government’s cost estimates
Corporate Tax

Lord Hollick on Making Tax Digital: Committee ‘puzzled’ by government’s cos...

9y Accountancy Age

Lord Hollick on Making Tax Digital: Committee ‘puz...

MTD cost estimates are not based on 'facts', and are 'disbelieved' by most small businesses and sole traders, says Lords committee chairman Read More...

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HMRC launches settlement schemes for those in dispute over sideways loss relief
Corporate Tax

HMRC launches settlement schemes for those in dispute over sideways loss re...

11y Calum Fuller , Reporter

HMRC launches settlement schemes for those in disp...

Corporates, partnerships and sole traders all offered chance to settle if they have abused sideways loss relief Read More...

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Best Practice: Brookson’s Martin Hesketh
Accounting Firms

Best Practice: Brookson’s Martin Hesketh

14y Rachael Singh

Best Practice: Brookson’s Martin Hesketh

Hesketh has come under fire for claiming that old fashioned accountancy firms are damaging sole trader clients Read More...

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43,000 accountancy freelancers overpaying tax
Personal Tax

43,000 accountancy freelancers overpaying tax

16y David Jetuah

43,000 accountancy freelancers overpaying tax

Accounting freelancers working as sole traders, or being paid via recruitment agencies, may be paying too much tax, according to PAYE specialists Par...

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UK suffers upsurge of insolvencies
Business Recovery

UK suffers upsurge of insolvencies

22y Nicholas Neveling

UK suffers upsurge of insolvencies

UK insolvency rate will rise to the highest in the EU, with sole traders likely to take the brunt. Read More...

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Budget 2003: Red tape help for SMEs
Corporate Tax

Budget 2003: Red tape help for SMEs

24y Accountancy Age

Budget 2003: Red tape help for SMEs

The chancellor has gone some way to appease small businesses and sole traders by tackling a number of red tape issues. Read More...

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Court ruling disappoints contractors
Personal Tax

Court ruling disappoints contractors

24y David Rae

Court ruling disappoints contractors

Experts have urged contractors and sole traders not to give up hope following last Friday's controversial High Court IR35 ruling in favour of the Inla...

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Liquidation law changed
Consulting

Liquidation law changed

27y John Stokdyk

Liquidation law changed

Insolvency practitioners welcome new legislation that will arm the FSA with powers to petition for bankruptcy of sole traders from next year and allow...

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Delay hits partners
Personal Tax

Delay hits partners

29y John Stokdyk

Delay hits partners

SA hitches at Revenue may force sole traders to pay interest while waiting for rebate. Read More...

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The quiet tech revolution reshaping UK accountancy in 2026
Accounting Software

The quiet tech revolution reshaping UK accountancy in 2026

5d nikita alexander

The quiet tech revolution reshaping UK accountancy...

UK firms are moving past AI hype to embrace automated workflows and cloud infrastructure that slash routine admin, ensure MTD compliance and unlock ad...

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What Burnham's new government means for accountants and clients
Economy

What Burnham's new government means for accountants and clients

2m nikita alexander

What Burnham's new government means for accountant...

As Andy Burnham takes office as Prime Minister promising a major reset in economic policy, UK accounting practices face immediate advisory challenges....

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Are accountants finally ready to make the leap to digital workflows?
Making Tax Digital

Are accountants finally ready to make the leap to digital workflows?

3m Adobe Team

Are accountants finally ready to make the leap to ...

The push for digital working in the world of accounting has been going on for a while, a mix of what clients are looking for, tight deadlines with the...

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What do the April tax changes mean for business?
HMRC

What do the April tax changes mean for business?

4m Alison Smith, Director and Head of Business Services at Duncan & Toplis

What do the April tax changes mean for business?

April’s wave of tax and wage changes is already reshaping business costs, compliance and planning priorities – but are employers ready to respond in a...

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