Tax Guides

Articles for UK Sole Traders

Plain-English guides on HMRC rules, allowable expenses, mileage, Making Tax Digital, and Self Assessment — written for self-employed people and freelancers.

HMRC18 Jul 2026

Quarterly Tax Reporting for Sole Traders — What Is Changing and How to Prepare

HMRC is introducing quarterly reporting for self-employed people under Making Tax Digital. Here is what changes, when, and how to stay ahead.

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Expenses15 Jul 2026

Allowable vs Disallowable Expenses — The Difference Explained for Sole Traders

Not every business cost is tax deductible. Here is how to tell the difference between allowable and disallowable expenses under HMRC rules.

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Record Keeping12 Jul 2026

What Receipts Do You Legally Need to Keep for HMRC?

HMRC requires self-employed people to keep records for at least 5 years. Here is exactly what you need to keep and for how long.

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Self Assessment10 Jul 2026

How to Do a Self Assessment Tax Return — Step by Step Guide for Sole Traders

A plain-English guide to completing your Self Assessment tax return as a sole trader or freelancer in the UK. Deadlines, what to include, and how to pay.

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HMRC8 Jul 2026

What Is Making Tax Digital (MTD) and When Does It Affect You?

HMRC is moving all self-employed people and landlords to Making Tax Digital from April 2026. Here is what it means and what you need to do.

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Expenses5 Jul 2026

What Expenses Can a Sole Trader Claim? The Complete 2026 Guide

A full list of allowable expenses for sole traders and freelancers in the UK — from office costs to travel, software, and professional fees.

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Mileage1 Jul 2026

HMRC Mileage Rate 2026/27 — What Self-Employed People Can Claim

The HMRC approved mileage allowance for self-employed people is 45p per mile for the first 10,000 miles. Here is everything you need to know.

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