Side Hustle Specialists

Online Accountants for Side Gigs

Expert Accounting & Tax Services for Side Gigs

With the rise in side gigs, more people in the UK are earning extra income alongside their main jobs. Whether you're freelancing, selling on Etsy, running a YouTube channel, or driving for Uber, it's essential to manage your taxes correctly and avoid unexpected HMRC penalties.

At Taxwise Accountancy, we specialize in providing expert side gig accounting services, ensuring you remain HMRC compliant while maximizing your tax savings.

Side gig worker managing multiple income streams with professional accounting

Our Side Gigs Accountants Accreditations & Professional Memberships

We are proud to be associated with leading professional organizations in the accounting industry

ACCA - Association of Chartered Certified Accountants

Association of Chartered Certified Accountants

IFA - Institute of Financial Accountants

Institute of Financial Accountants

AAT - Association of Accounting Technicians

Association of Accounting Technicians

Why More People in the UK Are Starting Side Gigs?

Cost of Living Crisis

Many people take up side gigs to supplement their income and cope with rising costs of housing, energy, and food.

Flexible Working

Side hustles offer an opportunity to work on your own terms, fitting around your main job and personal commitments.

Extra Income Streams

People want to diversify their earnings and gain financial stability by not relying on a single income source.

Utilizing Skills & Hobbies

Turning passions into income, from graphic design to content creation, photography to handmade crafts.

However, side hustlers often overlook their tax responsibilities, leading to fines and missed deductions. Our side gig accountants help you stay compliant while keeping more of your hard-earned money.

Our Accounting & Tax Services for Side Gigs

We offer a wide range of accounting and tax services to help side gig businesses effectively manage their finances

Side Gig Self-Assessment Tax Return

  • Registering for self-assessment with HMRC
  • Filing annual tax returns for side gig income
  • Claiming allowable expenses to reduce tax liability

Business Structure Setup

  • Choosing between sole trader or limited company
  • Limited company registration & setup
  • Advice on IR35 & tax efficiency

VAT Registration & Compliance

  • Registering for VAT if required (threshold £90,000 turnover)
  • VAT return submission & Making Tax Digital (MTD) compliance

Bookkeeping & Cloud Accounting

  • FreeAgent, QuickBooks & Xero setup for digital records
  • Real-time income & expense tracking
  • Advice on separating business & personal finances

Tax Planning & Advice for Side Hustles

  • How to legally reduce tax liability
  • Tax-saving strategies for multiple income streams
  • Avoiding HMRC penalties & investigations
  • Claiming the £1,000 trading allowance correctly

FAQs – Accounting & Tax Queries for Side Gigs

Explore answers to frequently asked questions about managing accounting and taxes for your side gig business

Get Started with Side Gig Accounting Today!

Turn your side hustle into a success story with expert accounting support

Whether you're just starting out or already earning from your side gig, we'll help you stay compliant with HMRC, maximize your tax savings, and grow your business with confidence. Our expert team specializes in side gig accounting for freelancers, Uber drivers, Etsy sellers, YouTubers, and all types of side hustles.

Your Journey to Side Gig Success

1

Book a Free Consultation

Speak with our side gig specialists about your needs

2

Register & Set Up

We'll register you for self-assessment or set up your limited company

3

File & Avoid Penalties

We handle your tax return and ensure HMRC compliance

Call Us

Speak with our side gig specialists

01582 487594

Email Us

Response within 24 hours

[email protected]

WhatsApp

Quick messaging support

Message Us

Trusted by Side Hustlers Across the UK

5-Star Service
Side Gig Specialists
20+ Years Experience
Fixed Fees
HMRC Compliant