It’s an all too familiar scene for many sole traders, landlords and other Self Assessment taxpayers. Despite leaving it until a week or two before the online-filing deadline on 31 January, you’re not too worried about completing your Self Assessment tax return. What could possibly
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More than 120,000 expat Brits are reported to live in Dubai, the UAE’s second-largest emirate (Abu Dhabi is the biggest). Many are attracted by Dubai’s sunny climate, as well as its family-centred, clean and safe environment (serious crime is almost non-existent). The beaches are beautiful,
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Register as a sole trader v limited company? It’s a key question to answer when you decide to take the plunge and start your own business because your decision can have major implications. And even after making a choice, with your business firmly established, every
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There are reported to be about half a million “HMOs” (ie houses in multiple occupation) in the UK. A rented property is considered an HMO if at least three tenants live in it and they make up more than one household, with shared toilet, bathroom
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You’re probably reading this because you’ve recently become self-employed or it’s something that you’re considering. Self-employment can provide greater flexibility, more control over your work, a higher income and greater satisfaction. But a key consideration is what business taxes you must pay. In this guide
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April 6, and that can mean only one thing – the start of the new UK tax year. It’s when most changes to UK tax rules come into force, which can be good or bad news for you and your rental income. It can also
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Nobody likes paying tax, but most people pay it. It’s the most natural thing in the world. Or is it? For a long time I used to think so and then I had an epiphany. In short, I moved overseas and realized not everybody pays
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In December 2022, the government announced its decision to delay introducing Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) for two more years until April 2026. The government says it has done so because it understands that the UK’s 3.1m sole traders
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British Expat Money Partner with GoSimpleTax to provide a simple solution for your Tax Return – Complete your Self Assessment tax return in four easy steps as an expat. You probably hate having to do your tax return each year. Let’s be honest, who does
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First UK Landlord Self Assessment Tax Return. Here are 21 things you need to know. So, you’ve recently joined the ranks of the UK’s 2.6m private residential landlords and need to report taxable rental income via Self Assessment? You might be slightly worried about having
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