VAT codes can be confusing and making VAT mistakes worries almost one-fifth of small business owners. According to a study, 18% worry about making mistakes, while 19% fear they’ve missed…
Read More
Time is running out for business owners to submit P11D forms. Each year, these forms – which report employees’ benefits in kind – need submitting to HMRC by 6 July.…
Read More
Many business owners are so busy running their company they can be caught off guard when the time comes to pay VAT or year end tax bills. Tax bills are…
Read More
Directors of limited companies have many legal obligations – and must also decide whether they want paying in dividends or salaries. Many choose to take a mix of each, but what…
Read More
When you have carried out work or provided goods you should be able to collect the money your business is owed without issues. Sadly, around 50,000 businesses close every year…
Read More
There’s nothing wrong in paying a corporation tax bill! If you are paying tax it means your business is doing well. But, of course, the issue is are you paying…
Read More
Accounts payable is a term you might see in your accounting software or hear muttered amongst financial specialists. Ever wondered what it means? This guide shows you all you need…
Read More
They say death and taxes are the only two certainties in the world! And if you’re a registered business, there’s no getting away from paying tax either. Companies paying tax…
Read More
Changes to IR35 tax rules for hundreds of thousands of contractors come into effect from 6 April. And if you work as a contractor for a business, you must make…
Read More
Accountancy software like Xero is a game-changer for many businesses. Helping business owners keep track of daily finances means that you may feel you can do without an accountant. But…
Read More
