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What banks look at when a small business applies for a loan

When a small business applies for a bank loan, the bank is mainly trying to...

What are your concerns?

According to the Office for National Statistics as of October 2024, the primary concerns among...

What are the current Income Tax bands and allowances?

Income Tax applies to earnings, pensions, savings, dividends and more, with different bands across the...

WASPI claims – apology but no compensation

The UK government has recently addressed the Parliamentary and Health Service Ombudsman's (PHSO) report concerning...

War Widows Recognition Payments Scheme

Bereaved spouses who lost service pensions before 2015 have until 15 October 2025 to claim...

Verifying your ID at Companies House

You now need to set up a verified GOV.UK One Login to confirm your identity...

Verifying identity at Companies House – From April 2025

New rules under the Economic Crime and Corporate Transparency Act mean identity checks will soon...

VCT and EIS changes

The new rules will allow companies to raise more capital under the following schemes although...

VAT Road Fuel Scale Charges

The new VAT road fuel scale charges applicable from 1 May 2025 to 30 April...

VAT Reverse Charge in Construction: What You Need to Know

Navigating VAT in the construction industry can feel like untangling scaffolding. Enter the VAT reverse...

VAT relief for the disabled

VAT relief is available on goods and services for people with long-term illnesses or disabilities...

VAT recovery from car leasing payments

The VAT treatment of motor expenses is an important concern for any business that incurs...

VAT on goods you export

Exports from Great Britain or Northern Ireland can be zero-rated for VAT, provided businesses obtain...

VAT late filing penalties

New rules mean late VAT filings and payments now trigger points, fines and interest charges. The...

VAT if you sell your business

When selling a business, the Transfer of a Business as a Going Concern (TOGC) rules...

VAT Flat Rate Scheme overview

The VAT Flat Rate Scheme allows businesses to pay VAT as a fixed percentage of...

VAT exempt supplies

Not all VAT-free sales are the same. Understanding the key difference between zero-rated and VAT-exempt...

VAT Annual Accounting – filing your return

For eligible businesses, the VAT Annual Accounting Scheme can reduce paperwork, smooth cash flow and...