VAT Annual Accounting
Streamline your VAT reporting with fewer returns and smoother cash flow. The Annual Accounting Scheme...
VAT and the goods you use in your own business
Using business goods instead of selling them is usually VAT-free, but some cases require VAT...
VAT – digital record keeping
HMRC requires businesses to maintain accurate VAT records to ensure correct tax payments. While all...
VAT – advantages of the VAT Flat Rate Scheme
Small business? The VAT Flat Rate Scheme could cut paperwork and improve cash flow. Pay...
VAT – Entertainment provided to directors and partners of a business
When considering VAT on entertainment provided solely to directors or partners of a business it...
Valuing and pricing goods and services
For any business, knowing how to value and price what it sells is fundamental to...
Using your own car for work purposes
Using your own car or bike for work travel? You may be able to claim...
Using the VAT Cash Accounting Scheme
Struggling with late-paying customers? The VAT Cash Accounting Scheme helps protect cash flow by taxing...
Using the car fuel rates
Advisory fuel rates for company cars help employers and employees manage fuel costs without triggering...
Using the 159 helpline
If a call from your bank feels suspicious, just hang up and dial 159 to...
Use HMRC app and be job-ready this summer
Starting work this summer? Download the free HMRC app to get your NI number, check...
Updating your tax code
It is quite common for tax codes to be wrong, particularly if your income or...
Update from HMRC on MTD testing
HMRC has published a new Making Tax Digital newsletter. This newsletter is mainly intended for...
Unused pension funds and IHT from April 2027
From 6 April 2027, new measures first announced in the Autumn Budget 2024 will come...
Understanding working capital and why it matters
Working capital is a simple but powerful measure of a business’s financial health. It is...
Understanding VAT Bad Debt Relief
Struggling with unpaid invoices? If you've paid VAT to HMRC but never received payment from...
Understanding the UK’s Bank Deposit Guarantee Scheme
The UK government offers a robust safety net for savers through the Financial Services Compensation...
Understanding the tax implications of divorce
When a couple is separating or undergoing divorce proceedings, tax issues are often not the...