The Importance of a P60 Form
When you are residing in the UK and working as well, you are normally part of the PAYE (pay as you earn) system. When a
Accounting, Tax & Business Blogs
Explore expert accounting, tax, bookkeeping, and business advice from across the UK. Get practical tips, financial insights, and the latest updates to help you manage your finances and grow your business.
Recent SDLT Changes
In his recent mini-Budget, the then Chancellor announced a number of stamp duty land tax (SDLT) changes. What are the changes and how will they
National Insurance and The Self-Employed
During her leadership campaign, Prime Minister, Liz Truss, promised to reverse the National Insurance increases that took effect from 6 April 2022 pending the increase
VAT Bad Debt Relief
If you are a VAT-registered business you must charge VAT when you make taxable supplies. You must also pay over the difference between VAT you
Mileage Allowance Payments – The Maximum Tax-Free Amount
To save work, employers can pay employees a mileage allowance if they use their own car for business journeys. The Government have recently cleared up
What Expenses Can You Deduct?
To ensure that a business does not pay more income tax than it needs to, it is important that a deduction is claimed for all
The Ins and Outs of Nanny Tax
Are you aware of what is the nanny tax in the UK? This refers to the submission of the time tax return when you are
Guide About Tax Deductions for DJs
Are you a freelancer DJ residing and offering your services in the UK? This is imperative for you to understand the tax implications you might
Dividend Planning
The Chancellor’s recent mini-Budget and subsequent U-turns threw a number of spanners into the works as far as profit extraction strategies are concerned. Initial revisions
The VAT Complexities of Supplying Services Abroad
Due to the advancement in technology, access to international business has gone more handy and easy. All you need is a laptop and a good
How To Use The Benchmark Scale Rate?
For the expenses of the meal, HMRC normally has a rating system for the help of employees who need to claim meal expenses while they
When Does HMRC Investigate Self-Employed and How to Avoid?
It turns out to be a daunting prospect for any kind of business when it comes to the investigation called by HMRC. This is because
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