Is your business eligible to use cash basis accounting?
Cash basis accounting is a simplified method used by sole traders and other unincorporated businesses...
When do you pay Stamp Duty Land Tax?
Stamp Duty Land Tax (SDLT) is a tax that may apply when you buy land...
Could you save tax by making a Deed of Variation?
After someone dies, the beneficiaries may find that the way an estate has been distributed...
Will your next finance application succeed?
Many successful businesses eventually reach a point where additional finance is needed. Whether the objective...
Five practical ways to reduce business energy costs
Energy costs remain a significant overhead for many UK businesses. Although wholesale prices have eased...
Making the most of the Employment Allowance
The Employment Allowance can help eligible employers reduce their National Insurance costs by up to...
Records you should keep after submitting your tax return
After submitting your self-assessment return it is important to keep your records used to prepare...
Tax relief if replacing tools or equipment
If you pay for replacing or repairing small tools you need for your job, you...
Budget date announced
The new Chancellor of the Exchequer, John Healey has confirmed, in a video message, that...
Are you paying unnecessary tax on foreign income?
UK taxpayers with income from overseas may not always be aware of the tax rules...
Averaging profits if income fluctuates
Some self-employed individuals experience significant fluctuations in their profits from one year to the next...
Claiming the correct tax relief for work mileage
Employees who use their own vehicle for business journeys may receive Mileage Allowance Payments (MAPs)...
Take care when painting non-compete clauses with a broad brush
Protecting hard-won local customer networks is a constant and necessary battle for commercial suppliers. However...
Why uncertain times make business planning more important
Economic conditions remain uncertain and many business owners are understandably cautious about the months ahead...
Is AI delivering real value for small businesses?
Artificial intelligence (AI) has dominated business headlines over the past year, with many suggesting it...
Tax-free childcare, are you missing out?
With childcare costs continuing to rise, many working families could be missing out on valuable...
Claiming tax relief on professional training
Keeping your skills and knowledge up to date is important but the cost of professional...
Do you need to pay tax on money received from family?
Receiving money from a family member can be a welcome source of financial support, but...
Tax benefits of giving assets to charity
Most people are aware that cash donations to a charity can qualify for tax relief...
Have you checked your State Pension forecast recently?
Your State Pension forecast can help you plan for retirement by showing how much State...
Payroll compliance – what is Full Payment Submission?
A Full Payment Submission (FPS) is a payroll report that employers must send to HMRC...
Rising employment costs are changing business decisions
Employment costs continue to rise, and many small businesses are feeling the impact. Higher wage...
Late payments still threaten small business cash flow
Late payments remains one of the biggest challenges facing small businesses across the UK. Even...
Claiming tax relief on business insurance
If you are self-employed, you may be able to claim tax relief on certain business...
