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Creative Averaging for Authors

You may have heard about creative averaging for authors. The first question to ask is ‘why bother’? The idea behind creative averaging is to recognise that writing a book might actually take some time. During the time you’re writing a book you aren’t earning any money from it. Once it’s Read more

By Louise Ford, 6 years21 June 2020 ago
Tax

Authors – New self-employment FAQs

Just starting out as a writer? Check out our tax FAQ’s

By Louise Ford, 6 years4 May 2020 ago
HMRC money
Tax

Sole trader writers – don’t get caught out by the 60% tax rate

Many people are completely unaware that we have a stealth tax in the UK which is 60%. If you are earning in the bracket £100,000 to £125,000 then you will be paying 60% tax on this £25,000 slice of income.

By Louise Ford, 6 years4 May 2020 ago

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