Tax Basics

Understand how self-employed tax actually works in the UK. From National Insurance to losses, these guides explain the fundamentals.

National Insurance for self-employed: what you're paying for (in plain English)

Understand National Insurance as a UK sole trader. What it is, why you pay it, how it's calculated, and what you get in return.

Updated 2025-12-14

Made a loss self-employed? What it can mean for your tax return

What happens if your business expenses exceed your income? Learn how self-employed losses work, how to report them, and how they might reduce future tax.

Updated 2025-12-14

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