Blog Posts
Making Tax Digital for Landlords
Making Tax Digital for Landlords will mean you have to make quarterly digital tax filings. Get yourself ahead of the game and find out what you need to do.
What are Digital Links for MTD?
Do you know where your data comes from, and how it gets into your accounting records? What are digital links for mtd, and how do you get them?
How can I prepare for my business year end?
Although filing deadlines could be months away, there are steps you can take before your business year end which will make the process much easier
What expenses can I put through my business?
Understanding what expenses can – and can’t – be claimed through your business will both protect you and set you up for future success.
What do I need to do about my taxes if I’m buying and selling cryptocurrency?
Cryptocurrency is a relatively new thing compared to other income you’ll be paying taxes on as a business owner or employee. Because of its comparative newness, there isn’t a huge amount of understanding out there as to how to manage the tax impact. HMRC states that...
Why you need a Government Gateway account and how to set one up
Recently there has been a shift by HMRC on how much agents can do on behalf of their clients. Make sure you have your own Government Gateway account set up.
When should I register for VAT?
VAT can feel like a bit of an unknown, so much so it even puts people off growing their business. Read on to find out when you should register for VAT
Is Making Tax Digital just for VAT?
Is Making Tax Digital just for VAT? The short answer is no. MTD for VAT is just one part of HMRC’s mission to go digital.
Finding a good accountant, not a cheap one
Around 20% of UK companies fail within their first year. According to figures from the Office for National Statistics, only 42.4% of businesses are still trading five years after being set up - and those stats pre-date COVID. Typically, one of the main causes is poor...
How does National Insurance work for a company director?
National Insurance for a company director works a little differently to National Insurance for other employees. Make sure you understand the difference.
What is the process to pay a dividend
You want to pay a dividend because you’ve heard it’s the most tax-efficient way of taking an income from the business. But the process isn’t as simple as just drawing out cash. With dividends, its important you follow the right steps. HMRC are hot on compliance checks...
Should I file my tax return early?
There are a lot of good reasons to file your tax return early. Find out exactly how much tax you owe and save yourself extra stress in a stressful year
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