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UK Tax Guide for Content Writers

Our free ebook provides a definitive guide to the tax and bookkeeping aspects of running a content writing business in the United Kingdom.

Richard Graham, the author (Chartered Accountant and our Managing Partner) has spent many months talking to content writers, authors, copywriters and others in the related industries in order to find out exactly where any confusion they have with taxation lies. He felt that it was vital that the e-book is not a regurgitation of tax regulations that can be found elsewhere. Instead, he wanted to provide specific tax and bookkeeping advice by applying his detailed knowledge of the UK tax system, making it relevant to freelancers and business owners in this particular industry.

Topics covered in the e-book include (among others), the following:

  • Juggling a ‘normal’ employment with my content writing business
  • Which business structure is better for me? Self Employed v LTD
  • Bookkeeping best practice for writers
  • Do I need a separate business bank account?
  • How do I account for sales and purchases in other currencies?
  • How should I withdraw profits in a tax efficient manner?
  • Which taxes do I need to pay and how are they calculated?
  • What tax deadlines do I need to be aware of?
  • Which allowable expenses can I claim to reduce my tax bill?
  • What else can I do to reduce my tax bill?
  • Loss relief – What is it and how can it help me?
  • Considering the effect of your business on your tax credits
  • Employing family members
  • Working from home, an office, or becoming a ‘digital nomad’
  • What travel expenses can I claim?
  • Should I buy a company car, or use my personal car?
  • Buying business equipment
  • Employing staff v using sub contractor writers
  • Pension considerations
  • VAT – What is it and should I become VAT registered?
  • VAT – All about VAT Schemes
  • VAT – Low Cost Trader status
  • Making Tax Digital (MTD) considerations
  • Client & staff entertainment – what is allowable?
  • Benefits in kind – What are they?
  • Exit strategy – planning for retirement/sale of business
  • Do I need an accountant?


CLOUD ACCOUNTING LLP

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