TikTok tax advice

Why I'd always check before acting on it.

There's a lot of tax advice circulating on social media at the moment. Short videos, confident delivery, tips that your accountant apparently never mentioned. Some of it is accurate. Some of it isn't. Quite a lot sits in the middle, technically correct in isolation but missing enough context to be reliably useful.

The detail that tends to get left out is whether the saving is actually worth the admin, whether the rules have been described fully and accurately, and whether it applies to your specific situation. A short video can't cover any of that, and the person making it has no stake in what happens to you if you get it wrong.

It's also worth doing the maths. A lot of these tips, when you work out the actual saving and weigh it against the time and record-keeping involved, aren't worth the effort.

Straightforward tax planning, making sure your business structure makes sense, understanding your allowances, timing things sensibly, isn't exciting enough to go viral. But it's generally more useful.

If you see something online that sounds interesting, bring it to me. I'll tell you whether it applies to you and whether it's worth doing.