Making Tax Digital for Income Tax (MTD IT) changes how self-employed individuals and landlords report income to HMRC. Instead of one annual tax return, you will submit quarterly updates throughout the year using compatible software, plus a final tax return.
When Is the Right Time to Hire? A Practical, Founder-Focused Guide for Creative Businesses For creative founders, hiring is rarely a clean, obvious decision. It usually sneaks up on you. You are busy. You are juggling clients, delivery, admin, emails, systems, invoicing. You started the business for freedom and creativity, but now it feels like constant firefighting. And somewhere in the middle of all that, the question appears: “Is it time to hire or am I about to make an expensive mistake?” Let us look at how you can tell when it the right time to bring in help, and what kind.
At the start of a new year, many people are thinking about fresh starts and better decisions. Here’s one you might not have considered yet: making sure you’re not paying more tax than you need to. Every year, many people decide to complete their own tax return. For some, it works out fine. For others, a small misunderstanding or simple mistake can quietly turn into a costly problem.
From April 2026, being a sole trader could be more tax-efficient than running a limited company, especially for creatives. Here’s what to know before the rules change.