Our Blog
Hiring an accountant is crucial for business success, especially as your company begins to grow. When you hire someone to handle the
With ongoing economic pressure across a number of business sectors, bad debts are becoming an increasingly frequent problem for businesses taxed on
Without planning, investment returns can be eroded by taxes. When investing, you always need to consider the tax implications and look at
While searching for accounting services in the UK, you may have wondered why do accountant fees vary across services. If you have
Over the decades, capital allowances for plant and machinery (P&M) have been one of the areas of tax that has undergone continual
The capital goods scheme (CGS) is designed to adjust the amount of VAT claimed on a capital item during the ‘life’ of
Managing the books can be frustrating for many UK business owners, as it is time-consuming. However, as your business grows, you may
Tax relief can be claimed when an individual borrows money to invest in their company, if certain conditions are satisfied. The borrowed
Class 1 National Insurance contributions (NICs) are paid by employees and by employers on their employees’ earnings. For most employees, their (primary)
If your payslip shows the 1263L tax code, you are actually in a slightly better position than the average taxpayer. Although most
The UK tax system is undergoing a significant transformation. The shift towards Making Tax Digital (MTD) is no longer a distant concept
Building your own home is a massive achievement. You get the chance to make your home exactly how you want it, but
One of the most rewarding ways to use your wealth is to give money to your loved ones. It is also a
If you run a business or are self-employed in the UK, getting your tax filings right is not optional; it is a
Mark McLaughlin warns that a lack of supporting evidence can be fatal to a tax relief claim for expenses. Question: What do
If you are a small business based in the UK, it is vital to choose the right accounting software to ensure compliance.
Whilst cars, boats and horses are expensive to buy and keep, often those are tax-free upon sale, whereas land and buildings (or
Most people know the importance of saving for retirement. The tax relief on pensions is designed to encourage us to save more.
Setting up in business can be expensive, and some entrepreneurs may not have the wherewithal to fund the full cost. Loans and
Confused about bookkeeper vs accountant? Don’t worry, you are not alone. Many business owners struggle to understand the distinction between these two
Receiving a letter from HM Revenue and Customs (HMRC) can be overwhelming, but if you receive a P800 tax calculation, don’t ignore
Setting up a business is not easy. You encounter a variety of administrative hurdles. One of the crucial yet overlooked requirements is
There is a corporation tax (CT) charge (CTA 2010, s 455) on loans made to ‘participators’ in close companies that are outstanding
The basic rule for considering the place of supply of goods is that they are supplied where they are physically located when
Join 5,000+ businesses comparing today