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We've scoured the web to get you the most up-to-date advice which includes the most useful tools on offer from the officials themselves.

Effective tax planning is essential if you are to minimise your tax bills. Simple tax planning can significantly reduce your tax liabilities.

The self-assessment tax return is an unavoidable burden if you are liable for self-employed tax or have complicated income tax affairs.

Corporation tax is charged on a company's profits. If you trade as a limited company, ensure that paying this tax is as painless as possible.

National Insurance Contributions (NICs) are payable whether you are self-employed or employed by your own company, although different rates apply.

As well as your legal obligations, you’ll want to ensure that payroll is painless and that you use any opportunities to improve your tax-efficiency.

VAT

Effective VAT planning aims to ensure that VAT is relatively painless, and that you are reclaiming as much as possible of the VAT you pay.

Capital gains are made when you sell something for more money than you paid for it. As a result, you can be subject to tax. Take professional advice.

Business property taxes apply to businesses with commercial premises.There are two commercial property taxes: business rates and stamp duty land tax.

If you have tax problems or face a tax investigation, it pays to seek professional advice and you must act rather than just hoping for the best.

Why more disabled workers are choosing self-employment

18 June 2019

More disabled people than ever are choosing to work for themselves, but they are being let down by poor support from government.

Research by freelancer body IPSE and trade union Community reveals that 611,000 UK disabled people now work for themselves in their main job - representing a 30% increase in the past five years.

The report, Making self-employment work for disabled people, has found that disabled people actively choose self-employment; only 12% were pushed into it by a lack of opportunities or redundancy. The most common reason for choosing self-employment is to get better work conditions.

Disabled freelancers share many of the same problems as the wider self-employed sector, such as confusion about employment status and late payment, but they also face many specific challenges. The report calls for a number of changes, including better publicity for the Access to Work programme, which has been described as "the best kept secret for supporting disabled people in work".

"Working for themselves is an overwhelmingly positive choice for disabled people," said Jonathan Lima-Matthews, IPSE head of public affairs. "They can enjoy the freedom to work when, where and, crucially, how they want - something many told us they couldn't do in permanent employment. 

"The government says it wants to help people get into work, but ministers are letting disabled people down by failing to support them to be their own boss. It's time for it to turn this around and give disabled people striking out for themselves the support they need."

John Paul McHugh, assistant general secretary at Community, said: "The growth in the number of disabled people becoming self-employed shows no signs of slowing. It's no surprise this report found a majority had a positive view of self-employment and intended to stay in it for the long-term.

"However, it's clear not enough is being done by government to help disabled people to make a success of this way of working. Partnering with like-minded organisations and charities, we believe we can create a better working world for disabled people through self-employment, but that also needs the right focus and policies from government."

Written by Rachel Miller.

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