Aurestone Journal

Tax, profit, and bookkeeping guidance for UK business owners.

Plain-English articles on self assessment, HMRC deadlines, allowable expenses, and cleaner business finances.

Featured article

Business Structure8 May 20267 min read

Sole Trader or Limited Company: Which One Is Right for Your Business?

A plain-English guide to choosing between staying a sole trader and setting up a limited company, including tax, admin, limited liability, and when incorporation may start to make sense.

Business StructureSole TradersLimited Companies
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Editorial illustration comparing a sole trader and a limited company business structure

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Second Making Tax Digital quarterly update deadline on 7 November 2026
Featured

Tax & HMRC17 August 20269 min read

Second MTD Quarterly Update Deadline: What to Submit by 7 November 2026

Your second MTD for Income Tax quarterly update is due on 7 November 2026. Learn what it covers, what to submit, and what to do if your first update was late.

Tax & HMRCMaking Tax Digital
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Missed 7 August Making Tax Digital deadline action plan for sole traders and landlords
Featured

Tax & HMRC6 August 20268 min read

Missed the 7 August MTD Deadline? What Sole Traders and Landlords Should Do Next

Missed the first Making Tax Digital quarterly update deadline? Learn what happens next, whether penalties apply, and how to submit your late update correctly.

Tax & HMRCMaking Tax Digital
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UK limited company accounting deadlines calendar

Limited Companies24 July 20267 min read

Limited Company Accounting Deadlines: The Full UK Calendar

Every recurring deadline a UK limited company director needs to track — accounts, Corporation Tax, confirmation statement, VAT, payroll, and personal Self Assessment.

Limited CompaniesDeadlines
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When should a sole trader incorporate

Business Structure23 July 20266 min read

When Should a Sole Trader Incorporate? Signs It's Time to Go Limited

The practical signs that it's time for a sole trader to incorporate, beyond just hitting a profit number — and how the switch actually works.

Business StructureIncorporation
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What expenses can a limited company director claim

Limited Companies22 July 20266 min read

What Expenses Can a Limited Company Director Claim?

A practical list of allowable expenses for UK limited company directors, and how claiming them correctly reduces Corporation Tax.

Limited CompaniesDirectors
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Salary versus dividends comparison for limited company directors

Limited Companies21 July 20267 min read

Salary vs Dividends: How Limited Company Directors Should Pay Themselves

How UK limited company directors are taxed on salary versus dividends, and why a combination of both is usually the most tax-efficient approach.

Limited CompaniesDirectors
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What records must sole traders keep under Making Tax Digital

Tax & HMRC20 July 20266 min read

What Records Must Sole Traders Keep Under Making Tax Digital?

A practical guide to exactly what digital records Making Tax Digital for Income Tax requires sole traders to keep, and how that differs from what most people do today.

Tax & HMRCMaking Tax Digital
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How much delivery drivers should save for tax

Tax & HMRC19 July 20266 min read

How Much Should Delivery Drivers Save for Tax? A Simple Rule of Thumb

A simple rule of thumb for how much self-employed delivery drivers should set aside for Income Tax, National Insurance, and Payments on Account.

Tax & HMRCDelivery Drivers
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Uber Eats and Deliveroo tax guide UK featured image

Tax & HMRC18 July 20266 min read

Uber Eats and Deliveroo Tax Guide: What UK Riders and Drivers Need to Know

A plain-English UK tax guide for Uber Eats and Deliveroo riders and drivers, covering Self Assessment, expenses, and working across multiple apps.

Tax & HMRCDelivery Drivers
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Amazon Flex tax guide UK featured image

Tax & HMRC17 July 20266 min read

Amazon Flex Tax Guide UK: Self Assessment, Expenses and Mileage

Everything Amazon Flex drivers in the UK need to know about registering with HMRC, what counts as income, and what you can claim.

Tax & HMRCDelivery Drivers
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Tax & HMRC17 July 20267 min read

Self Assessment Payment on Account: What You Need to Pay by 31 July 2026

A second Self Assessment payment on account may be due by midnight on 31 July 2026. Find out who must pay, how to check the amount, and when you can reduce it.

Tax & HMRCSelf Assessment
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Mileage rate versus actual vehicle costs comparison

Tax & HMRC16 July 20267 min read

Mileage vs Actual Vehicle Costs: Which Saves Delivery Drivers More Tax?

A worked comparison of HMRC's mileage rate against claiming actual vehicle costs, so delivery drivers can choose the method that saves the most tax.

Tax & HMRCDelivery Drivers
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Delivery driver allowable expenses featured image

Tax & HMRC15 July 20267 min read

Delivery Driver Allowable Expenses: The Full UK List

Every expense a self-employed delivery or courier driver can legally claim against tax, from vehicle costs to safety gear, in one place.

Tax & HMRCDelivery Drivers
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Making Tax Digital quarterly update deadline illustration

Tax & HMRC14 July 20269 min read

First MTD Quarterly Update Deadline: What Sole Traders and Landlords Need to Do Before 7 August 2026

The first Making Tax Digital quarterly update deadline for affected sole traders and landlords is 7 August 2026. Here is what to prepare before then.

Tax & HMRCMaking Tax Digital
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Companies House identity verification illustration for UK company directors
Featured

Limited Companies1 July 20267 min read

Companies House ID Verification: What Directors Need to Do in 2026

Companies House identity verification is now a legal requirement. Here is what UK directors, PSCs, and limited company owners need to know in 2026.

Limited CompaniesCompanies House
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The true cost of DIY accounting illustration

Advisory14 June 20266 min read

The True Cost of DIY Accounting (And When to Hire an Accountant)

Doing your own accounts might feel like saving money — but missed deductions, HMRC penalties, and hours lost every month often cost far more than an accountant would.

AdvisoryAccountant
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Tax & HMRC5 June 20269 min read

Making Tax Digital: What to Do This Month

MTD for Income Tax is live. Here is a step-by-step action plan for UK sole traders and landlords who need to get compliant, including software, digital records, quarterly updates, and what to do if you are already behind.

Tax & HMRCMaking Tax Digital
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Tax & HMRC4 June 20268 min read

MTD Software for Sole Traders: What You Actually Need

What software do you need for Making Tax Digital? A plain-English guide to MTD-compatible software, bridging tools, spreadsheets, and what to look for if you are a sole trader, freelancer, or landlord.

Tax & HMRCMaking Tax Digital
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Making Tax Digital for Income Tax illustration

Tax & HMRC3 June 20267 min read

Making Tax Digital for Income Tax: Are You Affected?

Find out if Making Tax Digital for Income Tax applies to you, the 2026, 2027 and 2028 thresholds, quarterly update deadlines, and what to do next.

Tax & HMRCMaking Tax Digital
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Editorial illustration of online selling platforms and HMRC side hustle tax questions
Featured

Tax & HMRC25 May 20268 min read

Side Hustle Tax in 2026: When You Owe HMRC, and When You Really Don't

A plain-English guide to the UK side hustle tax headlines, the £1,000 trading allowance, online platform reporting, and when Vinted, eBay, Etsy or hobby income needs to be declared to HMRC.

Tax & HMRCSelf Assessment
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Making Tax Digital 2026 guide for UK freelancers, sole traders and small business owners
Featured

Tax & HMRC2 May 202612 min read

Making Tax Digital 2026: Complete Guide for UK Sole Traders

Making Tax Digital for Income Tax is now here for many UK sole traders and landlords. Learn who is affected, the deadlines, software rules, penalties, and whether becoming limited is worth considering.

Tax & HMRCMaking Tax Digital
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Editorial illustration for a UK sole trader tax guide for 2025 to 2026
Featured

Tax & HMRC24 April 20268 min read

How Much Tax Does a UK Sole Trader Pay in 2025/26?

Find out how much tax a UK sole trader pays in 2025/26, including Income Tax, National Insurance, Payments on Account, and what this means for your real take-home pay.

Tax & HMRCSole Traders
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Advisory3 April 20266 min read

How to know when your finance process needs a reset

If the same confusion returns every month, the problem is probably not one deadline. It is the operating layer underneath it.

AdvisoryFinance Process
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Reporting3 April 20264 min read

What good management reporting should actually do

Reporting should make the next decision clearer. If it only creates more questions, it is not doing enough.

ReportingManagement Accounts
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Finance Process3 April 20265 min read

Why month-end keeps feeling heavier than it should

A heavier close rarely means the business is too complex. More often, it means finance admin is being left until pressure builds.

Finance ProcessMonth-End
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