by ShoeBox | Aug 1, 2021 | Expenses, Mileage tax refund, Tax saving tips
If you are using your own vehicle for work and are being reimbursed less than 0.45p per mile by your employer then you are actually entitled to make a claim to HMRC for the difference. This is known as claiming tax relief. Here is an example: John is a Healthcare...
by ShoeBox | Jul 1, 2021 | Self employed, Working freelance
If you’ve decided to take the leap into self-employment but are still a bit confused about how to pay your taxes, then this blog is for you. We will look at the differences between a limited company and a sole trader so that you can pick the right option for...
by ShoeBox | Jun 11, 2021 | Mileage tax refund, Working freelance
If you are a freelancer where travel is required as part of your job, you may be able to claim for travel expenses, and that includes any business mileage you clock up while using your personal vehicle. However, there are some differences in how self-employed and...
by ShoeBox | May 15, 2021 | Marketing
A couple of weeks ago we released an article advising people how to claim the Homeworking allowance through the HMRC website. We were expecting a really positive response as it is essentially free money, however, we were flabbergasted by the social media backlash. We...
by ShoeBox | May 3, 2021 | Tax saving tips
The home working allowance is nothing new. In fact, it has been a staple expense that our accountants discuss with their clients when conducting their tax efficiency reviews for a fair few years now. However, because of the pandemic, HMRC has changed the rules on how...
