Sole trader tax, explained properly
How UK sole trader tax actually works in 2026/27: income tax bands, Class 4 NI, payments on account, and a worked example at £45,000 profit.
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Guides every sole trader should read
Free, current, plain-English guides to sole trader tax, expenses, Making Tax Digital and growing beyond one pair of hands — from accountants who do this all day.
Making Tax Digital for Income Tax: what sole traders must do now
MTD for Income Tax started April 2026 for sole traders earning £50k+. Who's in, the quarterly deadlines, penalties, and the simple setup that makes it automatic.
Read guideAllowable expenses: what sole traders can claim, A to Z
The complete guide to sole trader allowable expenses 2026/27: vehicles, home working, tools, phones, training — plus the claims people miss and the ones that trigger HMRC.
Read guideSole trader vs limited company: the honest comparison
When does a limited company beat staying sole trader? The 2026/27 tax maths at £30k–£80k profit, the non-tax factors, and how to switch cleanly.
Read guideBookkeeping for sole traders: 15 minutes a week, honestly
A realistic bookkeeping system for sole traders: separate account, bank feed, receipt capture, weekly review — MTD-compliant by accident and never behind again.
Read guideNational Insurance for sole traders, explained
How National Insurance works for sole traders in 2026/27: Class 4 rates, the end of Class 2, protecting your State Pension, and how NI is paid through Self Assessment.
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