GoForma Articles

9 Smart Ways to Register a Company for Free in...

If you want to register a company for free in the UK, you are not alone. Many new founders look for ways to cut costs at the start. Learn how...

HMRC Mileage Rates and Allowance - How to Claim

HMRC mileage rates and allowance remain one of the simplest ways for UK workers and business owners to reduce their tax bill in 2026, yet many still miss out on...

How to Determine Your IR35 Status - Guide for UK...

If you are wondering how to determine ir35 status, you are not alone. Many UK contractors struggle to understand where they stand, and the difference can affect how much tax...

Inside vs Outside IR35: What UK Contractors Must Know in...

If you work as a contractor, understanding inside vs outside IR35 is one of the most important parts of managing your income and tax in 2026. Learn the key differences...

Top 10 Self Assessment Mistakes UK Sole Traders Make

Self assessment mistakes can cost UK sole traders time, money, and peace of mind. A small error on your tax return can lead to penalties, delays, or even an HMRC...

How to Register for Making Tax Digital for Income Tax

Many sole traders and landlords across the UK are preparing for the 2026 changes, but the process still feels unclear. This guide breaks everything down into simple steps so you...

Best MTD for Income Tax Software - FreeAgent vs Xero...

For 2026 Making Tax Digital (MTD) for Income Tax (ITSA), the top software solutions are Xero, FreeAgent, and QuickBooks for comprehensive accounting. FreeAgent is top for NatWest/RBS users (often free),...

3 Insurance Policies Every UK Contractor Must Have - 2026...

Starting a new contract is exciting. You agree on the rate, sign the paperwork, and get ready to begin. Then the client asks for proof of insurance. What insurance do...

MTD for Income Tax vs Self Assessment - Key Differences...

If you are self-employed or earn rental income in the UK, the way you report tax is changing. The shift from Self Assessment to MTD for Income Tax is something...

Why Many UK Contractors Take Home Less Than They Expect

If you are a UK contractor charging £400 to £600 a day, you would expect a strong monthly income. Yet many contractors feel the same frustration. The money coming in...