Do You Get Maternity Pay If Self-Employed in the UK?

As a self-employed individual, it’s important to understand your rights and entitlements when it comes to maternity pay. This article will provide an overview of the maternity pay basics, eligibility criteria, notifying HMRC, calculating maternity allowance, FAQs, legal rights and protections. Maternity Pay Basics Maternity pay is a form of financial support provided to pregnant …

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Can I Claim for Clothes as Self-Employed in UK?

As a self-employed individual in the United Kingdom, managing your expenses is crucial for maximizing your financial well-being. One often-overlooked area is clothing expenses. In this article, we will explore the rules and guidelines surrounding the claim for clothes as a self-employed person in the UK. Understanding Self-Employment in the UK Before delving into clothing …

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How to contact Self Assessment helpline?

Why has HMRC closed its self assessment helpline number? To foster the use of HMRC’s digital resources, HMRC declared the temporary suspension of its Self Assessment Helpline (0300 200 3310) from June 12 to September 4, 2023, as of June 9. While this transition presents operational and accessibility advantages within HMRC, it raises concerns about …

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What is the optimum Directors Salary for 2023/24?

    Directors are responsible for managing and overseeing the operations of a company, and they are often compensated with a salary. However, when it comes to directors’ salaries, there are several factors to consider to ensure that they are tax efficient. In this post, we’ll explore the most tax-efficient salary for 2023/2024 in the …

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Digital Marketing For A Small Business – Expectation vs Reality

In today’s fast-paced digital world, small businesses are diving headfirst into the realm of digital marketing, chasing after the promises of instant success and growth. But before you go to the promise land, you need to take a reality check and have a clear understanding on what digital marketing can truly deliver for a small …

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Understanding Landlord Tax Relief on Mortgage Interest Changes

Investing in property has long been a popular avenue for individuals for wealth creation. The rental income from the properties is a substantial portion of their earnings for many landlords. However, there have been significant changes in recent years that affect you as a landlord. Particularly, regarding the landlord tax relief on mortgage interest. Let’s …

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