The Nuts and Bolts of Self Employment
There are over 5 million self employed folk in the UK. Small businesses are the backbone of the British economy and represent over 15% of workforce. Whether you’re a window cleaner, a plumber, a shop owner or operate an online business, you’ve taken the brave step off the corporate ladder to be your own boss.
Recent Small Business Articles

Tide business account review
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Tide introduce Cashflow Insights – so what is it?
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UK small business tax rates 2023/24 – at a glance!
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Making Tax Digital for Income Tax – a disaster for small business?
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Self employed taxes in the UK – what records do you need to keep?
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UK small business tax rates 2022/23 – at a glance!
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Browse all public articles here or member-only content here.
Small Business Basics

Registering as self employed in the UK
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Do you pay Tax on Small Earnings in the UK?
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Choosing a Business Name?
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Do You Need a Business Bank Account in the UK?
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How Much Should I Charge?
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Limited company or sole trader – what’s the difference?
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Thinking of becoming self employed? From invoicing customers through to picking a business name – visit this page for your checklist of essential small business knowledge.
Important dates for 2023
CURRENT TAX YEAR: 2023/24
You are working in the tax year covering 6th April 2023 to 5th April 2024.
TAX RETURN YEAR: 2022/23
You should have already submitted your tax return for the tax year covering 6th April 2021 to 5th April 2022. You should now be preparing your tax return for the 2022/23 financial year (ending 5th April 2023).
TAX DEADLINE: 31 Jan 2024
The final deadline for your current tax return and any tax due is 31 Jan 2024 – this is for the 2022/23 tax year. It doesn’t cover deadlines for any payments on account. For more key dates and figures visit this page.
Member-Only Content

All Downloadable Spreadsheets (Members Only)
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Profit Explained Spreadsheet (Members Only)
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Spreadsheet Example Download (Members Only)
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Tax and NI Calculator (Members Only)
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Hourly Rate Calculator (Members Only)
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Pro Forma Invoice Template (Members Only)
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Income and Expense Tracking Spreadsheet (Members Only)
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Simple Invoice & Quote Template (Members Only)
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