Divorce doesn’t have to be hostile or dramatic — but even the most amicable break-up comes with financial decisions, admin, and a few costs you need to be ready for. Here’s a clear, straightforward guide to help you understand what to expect, what to organise, and how to protect yourself financially before, during, and after … Read more
If you earn between £100,000 and £125,140, you could be paying an effective tax rate of 60% on part of your income. It sounds unbelievable, but it’s exactly what happens when your personal allowance starts being taken away. It’s one of the harshest quirks in the UK tax system — and one most people don’t … Read more
A six-figure salary used to be the line between “comfortable” and “doing really well”. These days, a lot of people earning £100,000 or more would strongly disagree. In fact, there’s even a nickname for them now: the “Henry”. High Earner, Not Rich Yet. And surprisingly, the Henrys might have a point. Despite being among the … Read more
Pensions should make retirement feel simple and secure, but the tax side can become complicated quickly. With the state pension rising, the personal allowance frozen, and HMRC still applying rules in their own mysterious way, more people are finding themselves paying tax on income they never expected to be taxed at all. Below are four … Read more
If you’re thinking about giving away money to reduce a future inheritance tax bill, there is one rule that matters more than anything else. It’s simple, powerful, and makes a huge difference to what your family eventually pays. It’s called the seven year rule. This rule is basically the crown jewel of inheritance tax planning. … Read more
With all the talk about artificial intelligence and Making Tax Digital, you might be wondering if accountants are becoming obsolete. Spoiler alert: they’re not. In fact, as technology takes over the boring bits, your accountant becomes more valuable for the things that actually matter to your business. HMRC still works like it’s 1999 (sometimes) Let’s … Read more
Starting a business is exciting, but let’s be honest – the paperwork side of things can be a proper headache. Company formation, registered addresses, VAT registration… it’s enough to make you want to stay a sole trader forever. But here’s the thing: incorporating as a limited company often makes financial sense. Better credibility with suppliers, … Read more
Thinking about buying a used electric vehicle (EV) for your business? Smart move – electric cars are brilliant for the environment and your running costs. But if you’re a sole trader, you might be wondering: “Can I save VAT if I buy the car through my business?” The short answer? It’s complicated. But don’t worry … Read more
AI can do some amazing things… but also some weird and dodgy ones. One thing that’s popped up lately? People using AI to create fake receipts and invoices – and they look very real. Like, convincing enough to get through a busy finance team on a Friday afternoon real. So, from an accountant’s point of … Read more
Being self-employed means you won’t have access to Statutory Sick Pay (SSP) when you’re ill. However, you can still apply for financial support through several benefits: 1. Employment and Support Allowance (ESA): You can claim ESA if you’re unable to work due to illness or injury, but don’t have to stop work entirely if you … Read more
Dead Simple Accounting are expert accountants for small businesses, freelancers, contractors, and more, based in Reading, Berkshire.
Call Us: 0118 3593 666
5.0 Rating
222 Reviews
5.0 Rating
123 Reviews
© 2025 • Dead Simple Accounting