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As we step into 2025, understanding the fiscal responsibilities of self-employed individuals is crucial. Social Security ...
You’re putting in the hours, following someone else’s rules, and still wondering if it’s getting you anywhere. Maybe you’ve ...
This covers tax that you technically will have owed HMRC since the start of the current tax year in April. One portion is added to your 31 January bill and the rest is owed by 31 July.
The government’s Making Tax Digital (MTD) scheme is set to take effect in April 2026, and for the UK’s self-employed workforce, it marks a significant shift in how tax is reported and managed.
From April 2026, Making Tax Digital for Income Tax Self-Assessment (MTD ITSA) will become mandatory for self-employed individuals and landlords in the UK earning over £50,000 annually.
A new case warns U.S. limited partners in global funds that self-employment tax can arise if they are too active in the business. This can be avoided with proper tax advice.
For the 4.4million people in the UK who are self-employed, everything to do with finance is just a little bit harder, writes Holly Mead (pictured).
In Soroban Capital Partners LP v. Commissioner (T.C. Memo 2025-52), the Tax Court held that active limited partners are subject to self-employment tax under §1402 (a) ...
The tax filing deadline for most Canadians this year was April 30, but there is still a bit more time given to individuals who are self-employed or have a spouse or common-law partner who is self ...
If you're self-employed or earn other non-wage income, you may owe estimated taxes every quarter. CNBC Select explains how it works and when payments are due.