Practical answers for UK business owners and accounting professionals.
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Hi, I'm Hazel, a freelance designer working as a sole trader. My self assessment statement this year shows payments on account that feel way too high compared to what I'm likely…
I got my first self-assessment bill recently and nearly fell off my chair. The tax owed on last year's profits was about £4,000, but HMRC wants £6,000 — they say the extra £2,000…
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