Small Business Toolbox

Welcome to the Small Business Toolbox! A no-nonsense and completely independent approach to self employment and small business in the UK. Written by the self employed, for the self employed.

Should I set up a business in 2019?

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CURRENT TAX YEAR:
2019/20

TAX RETURN YEAR:
2018/19

TAX RETURN & TAX DUE:
31 Jan 2020

Running a small business can be one of the most exciting experiences of your life. It all starts with being self employed and this site is here to keep you company on your self-made journey.

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Articles

6th April 201926th April 2019

UK self employed tax rates 2019/20 – at a glance!

The 2019/20 tax year in the UK runs from 6th April 2019 to 5th April 2020. Tax returns for this tax year are generally due by 31st January 2021. Here are some of the most common at-a-glance figures you might find useful for the next tax year.

17th March 201926th April 2019

Mind the Sync

In my view accidental synchronisation of highly confidential information between internet-enabled devices is one of the biggest security loopholes of the decade. The fact that manufacturers can do this, seemingly without consent, is immensely worrying and something that as a business owner you need to take VERY seriously. You might be careful with your passwords …

Continue reading “Mind the Sync”

10th March 201926th April 2019

Digital Downloads and the EU VAT MOSS Debacle

So there I was on a rainy Sunday afternoon, contemplating finding an alternative to Patreon for certain online services. Patreon is great but I’ve never been comfortable with my supporters on the platform having to pay VAT (Value Added Tax) since I’m personally not VAT registered and don’t need to charge VAT… so my supporters …

Continue reading “Digital Downloads and the EU VAT MOSS Debacle”

CURRENT TAX YEAR: 2019/20

TAX RETURN YEAR: 2018/19

TAX RETURN & TAX DUE: 31 Jan 2020

CURRENT TAX YEAR:
2019/20

TAX RETURN YEAR:
2018/19

TAX RETURN & TAX DUE:
31 Jan 2020