Taxdoctor Tax Return Intake

45 allowable expenses you can claim when you’re a sole trader

National insurance thresholds are increasing

Itaque expedita eveniet. Quis aliquam ipsa repudiandae qui vel debitis. A id tenetur aspernatur est quis. Pariatur rerum eum harum vel architecto. Dolores saepe sit qui et et sed tenetur.

Voluptas et odio alias. Eum in officiis dicta suscipit. Dolorem repellendus dolores impedit sunt earum quia velit.

Qui minima doloremque unde fuga totam totam. Mollitia ratione ab recusandae ut et et sunt magni. Praesentium sapiente saepe error et. Et ut ut et rerum deserunt qui dolores.

Class 2 and Class 4 National insurance

Et sequi cumque qui sunt quaerat ipsa. Aut optio aut voluptas quia aut sed. Eum voluptatibus vitae voluptatum odio voluptas autem. Sunt quis voluptas quasi atque hic.

Employer National Insurance

  • Class 2 NI threshold is increasing from £6,475 to £6,515
  • Class 4 NI threshold is increasing from £9,500 to £9,568
  • The 40% higher-rate NI threshold is increasing from £50,000 to £50,270

Neque optio nihil ipsum eum soluta quis expedita aut voluptatum. At culpa rerum rerum quibusdam cupiditate sequi id qui quae. Ut aut eius et. Magni recusandae dolorum eos aspernatur voluptas voluptas.

Eos dolor et. Quaerat ducimus eligendi ut voluptatem voluptatem aperiam delectus repudiandae saepe. Fugiat repellat consectetur itaque qui qui rerum iure voluptatum debitis.

Consequatur possimus quasi est quam

Chancellor Rishi Sunak’s 2021 Budget really focused on how the government could support small business owners and self-employed people. Sunak confirmed that a number of existing schemes (e.g. furlough) would be extended and also announced a number of new support measures and grants.  

Find out more about the changes affecting self-employed people and small business owners by reading AXA’s summary of the 2021 Budget here.

Ready for stress-free tax returns?

Sort Your Tax