Tax and National Insurance

Businesses and individuals must account for and pay various taxes. Understand your tax obligations and how to file, account and pay any taxes you owe.

Small-business owners are not expected to be experts on tax and NI, but ignorance is no defence. Here are some of the key rates tax facts you need.

You are legally required to keep financial records. Discover how to keep your 'books' and the options for electronic or manual bookkeeping.

Guide to tax for self-employed workers including income tax and National Insurance rates for UK freelancers and sole traders

Understand National Insurance for employers, employees and the self employed including rates and allowances and to help minimise National Insurance Contributions (NICs).

Chartered certified accountant Raphael Coman of Coman & Co answers some key questions about tax returns, including important deadlines.