• "It can be quite a shock to your cash flow when you first move to payments on account"

    LITRG’s tax tips to help self-employed

    The Low Incomes Tax Reform Group (LITRG) has published a guide1 to help the self-employed understand the tax system better. The guide is a response to LITRG’s concerns that low income self-employed people do not understand fully their tax position and the interaction with some benefits, and to worries about the impact of reduced guidance and face to face help for taxpayers from HMRC.

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