Sep 4, 2026 | Current Guides, FAQ, Limited Company, Partnership, Sole Trader
Starting a business comes with plenty of decisions, and one of the most important is choosing how that business will be structured. Should you operate as a sole trader? Go into partnership with someone else? Or set up a limited company? There isn’t one...
Aug 28, 2026 | Current Guides, HMRC, Income Tax, Landlords, Sole Trader, Tax
Making Tax Digital for Income Tax became mandatory for the first group of sole traders and landlords in April 2026. The first quarterly update deadline has now passed, but HMRC believes a significant number of people who should be using MTD have not yet signed up....
Aug 14, 2026 | Current Guides, HMRC, Income Tax, Making Tax Digital, Self-Assessment, Sole Trader
Your MTD quarterly update has been submitted. So, what happens next? For those who joined Making Tax Digital for Income Tax from April 2026, submitting that first quarterly update is an important milestone. But it is only one part of the new MTD process. Once your...
Jul 24, 2026 | Current Guides, Information, Self-Assessment, Sole Trader, Tax
Paying the right National Insurance contributions helps protect your future benefits while keeping your tax affairs up to date. If you’re self-employed, understanding how National Insurance works is an important part of running your business. What are National...
Jul 17, 2026 | Current Guides, HMRC, Information, Making Tax Digital, Sole Trader, Tax
If you’re one of the thousands of sole traders or landlords who joined Making Tax Digital (MTD) this April, your first quarterly update is almost here. For many people, this will be the first time they’ve submitted business information to HMRC using...
Jun 19, 2026 | 2026, Current Guides, HMRC, Income Tax, Information, Self-Assessment, Sole Trader, Tax
North Devon Accounts can help you complete your tax return early, giving you time to plan, budget and avoid unnecessary stress before the January deadline. Every year, millions of taxpayers leave their Self Assessment tax return until the final weeks before the...
