If you're a sole trader managing your own books, you've probably heard whispers about "MTD for Income Tax" and wondered what all the fuss is about. Don't worry, you're not alone! Let's break down exactly what Making Tax Digital for Income Tax means, who it affects, and most importantly, what you need to do about it.

If you're self-employed, a sole trader, or earn income outside of PAYE, understanding self-assessment deadlines is essential.

You've been planning your business launch for months. You've got the venue booked, the invitations sent, and now you're shopping for the perfect outfit to make your big entrance. As you're about to hit 'buy' on that stunning dress, a thought crosses your mind: "This is for my business launch… can I claim it as a business expense?"

As a business owner, every mile you drive for work could be putting money back in your pocket – but only if you're claiming it correctly.

Many business owners miss out on valuable tax savings simply because they don't know what's allowable