Claiming tax relief on business insurance

If you are self-employed, you may be able to claim tax relief on certain business insurance costs as an allowable ...
/ HMRC notices

Are you using the best VAT scheme for your business?

Small businesses have several VAT schemes available that can simplify VAT administration and may help with cash flow. However, as ...
/ Value Added Tax

Is HMRC holding money that belongs to you?

It is important to know if HMRC is holding money that belongs to you. For example, if you have paid ...
/ General

Advising HMRC of change in circumstances

If your personal details or circumstances change, you may need to tell HMRC as this could affect your tax position ...
/ HMRC notices

Self-Employed – Are your business records in order?

As a self-employed individual, whether a sole trader or partner, you must keep accurate records of your business income and ...
/ HMRC notices

Does your business need to register as an employer?

If you are starting to employ staff or engaging subcontractors for construction work, you will generally need to register as ...
/ Employment & Payroll

Don’t let discrimination lead to resignation or risk facing career compensation

A recent ruling has cleared the path to uncapped financial compensation following a forced resignation. A longstanding social worker had ...
/ Employment Law

Could new VAT rules change how you sell online?

The Government has launched a consultation on proposals that could significantly change the way VAT is collected on goods sold ...
/ Value Added Tax

Has a pay rise quietly increased your tax bill?

Many employees and business owners have welcomed higher earnings over the past few years. However, for a growing number of ...
/ Income Tax

Do you know who must register for VAT?

Businesses must register for VAT if their taxable turnover exceeds the VAT registration threshold, or if they expect it to ...
/ Value Added Tax

When does a hobby become a taxable business?

Not every hobby becomes a taxable business, but it is important to be aware when this can happen. This can ...
/ Income Tax

Could your business recover more VAT?

If your business is VAT registered, you can usually reclaim VAT on many of the goods and services you buy ...
/ Value Added Tax