Understanding VAT for limited companies and unincorporated businesses
For both limited companies and unincorporated businesses, managing Value Added Tax (VAT) can be a significant challenge, affecting a broad spectrum of business activities.
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Can I claim Employment Allowance for my business?
The Employment Allowance is a means for SMEs to reduce the tax burden of employing staff at critical points in their growth and help avoid…
Higher rate taxpayer? How to prepare for the end of the tax year
The end of the financial year is coming. 5 April is crunch time for making businesses and individual estates as tax efficient as possible.
HMRC U-turns on its double cab pickups tax decision
HMRC surprised all taxpayers who own a double cab pickup as a company vehicle on 12 February by announcing that these vehicles would be classified…
Loophole closed: Pickups are now classed as cars (NOT vans)
A dispute between Coca-Cola and HM Revenue & Customs (HMRC) has closed the loophole that previously defined double-cab pickups as vans and now means they…
Five Self-Assessment deductions you didn’t know you could claim
With the Self-Assessment deadline passing on 31 January, it’s clear that many sole traders and business owners aren’t using allowable expenses and deductions to their…