Tax doesn’t need to feel overwhelming.
The Sole Trader Tax Survival Guide is a practical, easy-to-follow guide designed to help UK sole traders understand the essentials of tax, stay organised throughout the year and avoid common surprises.
Inside, you’ll find clear guidance on:
How sole trader tax is calculated
Income Tax and National Insurance basics
Self Assessment deadlines and Payments on Account
Common business expenses and potential pitfalls
A simple monthly money routine
VAT and Making Tax Digital thresholds
Situations where professional advice may be worthwhile
A practical year-end checklist
Links to official HMRC resources for further guidance
It also includes worked examples, checklists and simple planning sections to help you put the information into practice.
Updated for the 2026/27 tax year.
This guide provides general information and is not a substitute for personalised tax or accounting advice.
Tax doesn’t need to feel overwhelming.
The Sole Trader Tax Survival Guide is a practical, easy-to-follow guide designed to help UK sole traders understand the essentials of tax, stay organised throughout the year and avoid common surprises.
Inside, you’ll find clear guidance on:
How sole trader tax is calculated
Income Tax and National Insurance basics
Self Assessment deadlines and Payments on Account
Common business expenses and potential pitfalls
A simple monthly money routine
VAT and Making Tax Digital thresholds
Situations where professional advice may be worthwhile
A practical year-end checklist
Links to official HMRC resources for further guidance
It also includes worked examples, checklists and simple planning sections to help you put the information into practice.
Updated for the 2026/27 tax year.
This guide provides general information and is not a substitute for personalised tax or accounting advice.