The government are soon to double the amount of free childcare available to eligible families. The childcare entitlement applies for children aged three and four, as well as most disadvantaged two-year olds. This initiative is to incentivise parents to return to work, or increase their working hours and not feel the pressure of having to support additional childcare costs.

From April 2017, tax law surrounding buy-to-let property is changing. If you own a rental property it is important you understand fully how these changes will affect your tax position. Tax relief on mortgage interest will be reduced from next week, on a tapered approach until 2020.

Working as a freelancer has many advantages, including, being able to choose your own working hours, being your own boss and wearing comfortable clothes to your home office. However, there are some downsides too, one of which is dealing with your own tax under self-assessment. The good news is though that there is lots of help available to keep you on track. Here are 5 tax tips if you are new to freelancing.

The Budget 2017 was the first announcement delivered by the Chancellor, Phillip Hammond. On the whole there were no real surprises, as expected. A few things though will affect contractors, freelancers and small business owners, both self-employed and operating through a limited company. Here we summarise.

The 2017 Spring Budget is set for Wednesday 8 March. This will in fact be the last Budget announcement to take place in the Spring, as from now on Budgets will feature in the Autumn. The purpose of the Budget announcement is to deliver the financial and economic position of the UK, based on information by the Office for Budget Responsibility, and also present forecasts for spending plans in the year ahead. What can we expect this year?

From April 2017, there will be a significant change to the way in which Personal Service Companies (PSC's) in the public sector are taxed. Currently, there are over 250,000 PSC's in Britain, many operating in sectors such as healthcare and IT. Because PSC's are often structured with just a sole director and shareholder, working often just for one other organisation, the government are fighting to classify them as employees, where PAYE and NIC applies.