Making Tax Digital Receipts: A Four-Part Map for Sole Traders
Making Tax Digital separates the transaction record, retained evidence, quarterly update and annual return. Here is what UK sole traders record, keep and send.
Category articles
What Disorganized Receipts Are Actually Costing You (It's Not Just the Missed Deductions)
Most freelancers estimate their receipt chaos costs a few hundred dollars in missed deductions. The honest number runs in three columns: missed deduction taxes, excess accountant billing, and audit exposure. For a self-employed person earning $70K to $100K, the full stack is closer to $1,800 to $5,800 a year. Here is the math.
The 2026 Tax Breaks Freelancers Cheered, and the Ones They Actually Get
The biggest 2026 OBBBA tax breaks got a lot of attention. Most do not reach Schedule C filers. Here is a clear breakdown of which ones do, which are conditional, and which skip the self-employed entirely.
A Freelancer's Month-End Receipt Closeout: Camera Roll to Accountant-Ready in 30 Minutes
Most freelancers have the receipts. What they are missing is the monthly routine that turns them into records. A step-by-step closeout ritual that drains every source once a month so tax season is a filing exercise, not a search.
The 20% QBI Deduction Is Now Permanent. Here's the Honest Breakdown for Freelancers.
The QBI deduction is now permanent. Learn who qualifies, what the OBBBA actually changed in 2026, and how Form 8995 connects the deduction to your return.
Home Office Deduction for the Self-Employed: The Two Tests That Decide Your Claim
Most home office deductions that fail at audit fail on one test: exclusive use. Here is what the IRS actually requires from self-employed filers, how both calculation methods work, and what records you need to keep.