Tax posts

Need to know more about tax? As a business owner, it’s kind of unavoidable. So, we’ve made it as easy as possible to learn what you need to with our tax guides and tips.

07 December 22
2 minute read

Understanding taxes for your side hustle

Do I need to pay tax for my side hustle? What’s a Self Assessment? A TaxScouts accountant answers some of the most common questions about taxes for side gigs.

01 November 22
3 minute read

6 common mistakes when completing a tax return

Need to file a Self Assessment tax return? Here are some of the most common mistakes people make – and what you can do to set them right.

13 October 22
5 minute read

Are you Making Tax Digital ready?

Learn more about HMRC's initiative to make taxes digital, and find out all you need to know about signing up, meeting upcoming deadlines and finding the right software.

20 June 22
4 minute read

What is a P11D form and who needs to submit one?

If your business provides any employees with expenses or benefits such as healthcare, a company car or travel expenses, then you’ll need to submit a P11D form each year.

06 April 22
5 minute read

Tax changes that landlords should know about

April 2022 brings with it a whole slew of changes to tax and National Insurance in the UK. Here’s what landlords across the UK should know about the changes.

04 April 22
5 minute read

What is the dividend tax and how much is it increasing by?

On 6th April 2022, the rate of tax payable on dividends paid out to shareholders by UK companies is increasing. Here we explain what dividend taxes are and how the increase works.

15 March 22
7 minute read

What the National Insurance rate rise means for small businesses

The UK government has announced that on 6th April 2022, the rate of National Insurance payable by employers, employees and the self-employed will increase by 1.25%. We break down what this means for small businesses around the UK.