You may decide to use a car for business for a variety of purposes, including business trips, visiting clients, work events and aiding operations relating to the business

The due date for your upcoming self-assessment tax return to be completed for the tax year 6 April 2025 to 5 April 2026 (2025/26) is January 31st 2027.

The Difference Between a Receipt and an Invoice: A business receipt is a written acknowledgement of payment, received for a product or service.

There has been a massive increase in individuals working from home in recent years, with the emergence of the global pandemic, a higher reliance on at-home technology, and individuals turning to self-employment.

VAT, or value-added tax (also known in some countries as a goods and services tax), is a type of tax that is levied on the price of a product or service at each stage of production.

How to Take a Salary from your Limited Company If you're self-employed, you need to work out the best way to pay yourself.

Did you know that you can claim motor expenses that are related to using your car for legitimate business journeys? Either the expenses claim method or mileage method.

If you've been thinking about letting a room to a lodger in your accommodation, the rent-a-room scheme may be the answer for you. This scheme allows you to rent a room in your house.

There are around 5.5 million small businesses in the UK, and those that succeed tend to have a great planning process (which, by the way, should start before you even launch!).

If you run a small business — especially in FMCG, F&B or e‑commerce, you’ve probably asked yourself this at some point: “What’s the best way to take money out of the business?”

What is Year-End Reporting? Financial year-end reporting is the legal process in which limited companies must send certain

Your personal allowance for 2022/23 will remain at £12,570. This is how much you can earn tax-free.

It's a good idea to plan ahead when dealing with tax - especially when it comes to VAT and corporate tax planning.

By starting to plan tax as soon as possible, you can save you time, money, and an enormous amount of stress - sorting everything out last minute is never a good idea!

You might be wondering: What is the most tax-efficient way for company directors to take income out of a company?

Accounting can sometimes seem daunting, but here are some small business accounting tips that you might find useful!

A new super-deduction allowance has been launched by the government, which some call the most attractive tax incentive!

When cutting costs, ask yourself if all your business expenses are necessary and look at possible alternatives. The best way to do this

Those self-employed or those earning income from sources other than salary are required to complete a self-assessment tax return for each

As the beginning of a new year approaches, it becomes an appropriate time for a business to conduct an annual stock take. This is especially for businesses who w

Here are some key dates and deadlines for you to remember.