
How to Calculate and Maximise Your Profit Margins as a Sole Trader
In this post, we’ll break down how to calculate and maximise your profit margins as a sole trader, step-by-step. We’ll cover the different types of profit margins, why they matter, and the actionable strategies you can use to increase them.

What Is Class 4 NIC?
If you’re self-employed in the UK, understanding your National Insurance obligations is vital for staying compliant and avoiding unexpected tax bills. One key component is Class 4 National Insurance Contributions (NICs). But what exactly is Class 4 NIC, how is it calculated, and when do you need to pay it?

Essential Tax Documentation for Self-Employed Workers in the UK
If you’re self-employed in the UK whether as a sole trader, freelancer or contractor then keeping proper tax documentation isn’t optional. It’s essential for accurate reporting, maximising allowable expenses, and staying compliant with HMRC.

What Work from Home Expenses Can I Claim?
With more businesses and employees embracing remote work, the topic of work from home expenses has become increasingly relevant. If you're working from home, it's important to understand which expenses you can claim and how to go about it.

Top Tax Deductions for Small Businesses in the UK
Running a small business comes with a host of expenses, from office supplies to professional fees, but not all owners realise just how many of these costs can be claimed back to reduce their tax bill.

Top Tools for Freelancers in the UK (2025 Edition)
The right digital tools can make your freelancer life easier, your business more efficient, and your clients happier. In this guide, we highlight the top tools for freelancers in the UK covering everything from time tracking to tax returns.

How to Calculate Your Hourly Rate as a Freelancer in the UK
Whether you’re just starting out or looking to adjust your current pricing, understanding how to calculate your hourly rate as a freelancer is a critical step in building a sustainable and successful freelance business. Setting the right rate ensures you earn enough to cover your costs, reflect your skills and experience, and plan for the future.

What Is Tax Residency?
Tax residency is a term that might sound niche - but it plays a major role in determining how much tax you owe, where you owe it, and what you need to report.

Managing Taxes as a Digital Nomad
Understanding how to manage your taxes as a digital nomad is essential to avoid legal pitfalls and ensure you're compliant with both UK tax law and the laws of any country you’re working in.

Do I have to complete a Self Assessment tax return?
Amongst all of the legal documentation that your business needs to operate successfully and within the law, a self assessment is one of the most important.



