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Why You Should Do Your Self Assessment in October — Not January
October 9, 2026Why You Should Do Your Self Assessment in October — Not January The online Self Assessment deadline for the 2025/26 tax year is not until 31 January 2027. That does not mean January is the best time to complete it. HMRC allows you to submit your return any time after the end of the tax
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Do You Need to Register for Self Assessment by 5 October?
October 2, 2026Do You Need to Register for Self Assessment by 5 October? October brings an important tax deadline that is easy to overlook. If you need to complete a Self Assessment tax return for the 2025/26 tax year and you are new to Self Assessment, you generally need to tell HMRC by: 5 October 2026 The
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Do You Pay Tax on Renting Out a Spare Room?
September 21, 2026Do You Pay Tax on Renting Out a Spare Room? Renting out a spare room can be a useful way to bring in extra income. You might rent to: A long-term lodger A student A professional working locally Someone staying during the week But once money starts coming in, a common question is: Do you
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Do You Have to Pay Tax on a Side Hustle?
September 20, 2026Do You Have to Pay Tax on a Side Hustle? Side hustles have become increasingly common. You might sell products online, freelance in the evenings, create content, offer tutoring, do photography, drive for delivery apps or provide a service alongside your main job. The extra income can be useful. But it also creates a tax
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7 Warning Signs Your Business Costs Are Getting Out of Control
September 3, 20267 Warning Signs Your Business Costs Are Getting Out of Control Business costs rarely become a problem overnight. More often, they increase gradually. A new software subscription is added. Insurance renews at a higher price. Supplier costs increase. Another employee is recruited. Finance agreements are taken out. Individually, each increase may appear manageable. Together, they
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7 Financial Reports Every Business Owner Should Understand
August 30, 20267 Financial Reports Every Business Owner Should Understand Running a business without understanding your financial reports is like driving with your eyes on the road but never looking at the dashboard. You might keep moving forward, but you’ll have no idea whether you’re heading towards growth or trouble. Many business owners leave financial reports to
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7 Financial Habits That Help Build a Stronger Business
August 29, 20267 Financial Habits That Help Build a Stronger Business Running a successful business is not just about winning more customers or increasing sales. Long-term success is built on the small financial decisions you make every day. Businesses that consistently improve profitability, manage cashflow and avoid unnecessary financial stress usually develop strong financial habits. Good financial
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12 Signs Your Business Needs a Better Accountant
August 16, 202612 Signs Your Business Needs a Better Accountant Your accountant should do more than file your accounts and tax returns once a year. Depending on the service you have agreed, a good accountant should help you understand your numbers, prepare for tax liabilities, improve cash flow and make better business decisions. Many business owners only
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Why Is My Business Profitable but There Is No Money in the Bank?
August 14, 2026Why Is My Business Profitable but I Have No Money? A practical guide to understanding the difference between profit and cashflow, where your money may have gone and how to improve your business cash position. Seeing a profit in your accounts should feel positive. However, many business owners are confused when their accountant reports a
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Can My Limited Company Pay for My Home Internet?
August 11, 2026Can My Limited Company Pay for My Home Broadband? A practical guide to company-paid broadband, home-working expenses and how to avoid unnecessary tax complications. Almost every business relies on the internet. Whether you’re sending emails, attending video meetings, processing customer orders or using cloud accounting software, a reliable internet connection is essential. If you run
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