Self-Employed Tax Rates 2026/27: What You Actually Pay
Self-employed tax rates for 2026/27: no single rate exists — Income Tax and Class 4 NI both land on the same profit. Combined totals, and the 62p band.
Guides
The £1,000 Trading Allowance Explained
Earn under £1,000 from a side project and you usually need not tell HMRC at all. Over it, you choose between the allowance and expenses — which wins?
Self Assessment Late Filing Penalties Explained
UK Self Assessment penalties explained. £100 at one day late, £900 at three months, then £300 twice more — £1,600 in total even on a zero tax bill.
What Is Xero and How Does It Work?
What Xero is, how it works day to day, what it costs from 1 September 2026 — and the three groups of UK freelancers who should not buy it.
Self-Employed National Insurance Rates 2026/27
Self-employed National Insurance for 2026/27: earn £7,105 or more and Class 2 is free. Earn less and protecting your record costs £189.80 a year.
Xero UK Price Increase: What’s Changing in Sept 2026
Xero’s UK price increase, from 1 September 2026: the exact new prices for every plan, why Ignite rises the most, and how to avoid paying more.
How to Set Your Freelance Day Rate in the UK
A £300 day rate sounds like £78,000. After holiday, sick days and the unpaid quarter of your time, it is nearer £49,500 — before tax. Price for that.
Best Business Bank Accounts for UK Sole Traders (2026)
Starling, Monzo, Mettle and Tide compared for sole traders — including what each free plan limits, like Tide’s five transfers a month.
What a UK Invoice Must Legally Include
A UK invoice must carry a unique number, both dates, and — for sole traders — your own name and a legal-documents address. What is required, what just helps.
Late Payment Interest UK: What Freelancers Can Legally Charge
Late payment interest runs at 11.75% plus £40, £70 or £100 per invoice, automatically — no contract clause needed. What it comes to, and what gets you paid.
Payments on Account: Why Your First Tax Bill Is 150%
A Self Assessment bill over £1,000 means HMRC asks for it plus half again in advance — both on 31 January. How payments on account actually work.
Allowable Expenses for UK Freelancers: 2026/27 List
The mileage rate rose from 45p to 55p in April 2026 and most guides have not caught up. What sole traders can claim, and the mistakes that cost money.