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Before we dive into the finer details about VAT compliance and how to avoid common issues, it is important to understand how VAT works. Value Added Tax (VAT) is a tax that is applied to both [...]

As a business owner, it is incredibly important to understand what allowable expenses you can claim to reduce your Corporation Tax bill. The new financial year is just around the corner, so let’s [...]

Sustainable growth is not just about increasing revenue but building a foundation that can withstand the test of time. Sustainable business growth emphasises long-term prosperity, ethical [...]

Changing accountants can be a pivotal decision for individuals and businesses. This change is often driven by factors such as evolving financial needs, dissatisfaction with services, or seeking [...]

Understanding the different taxes can be overwhelming for a small business owner, mainly because the taxes can vary depending on whether the business is a limited company, partnership, or [...]

Capital gains tax (CGT) is a tax that is charged on the profit made from selling or disposing of an asset that has increased its value since you purchased it. Whilst this can apply to assets such [...]

Salary sacrifice, also known as a salary exchange, is an agreement between a business and their employee to reduce their pre-tax annual salary, in return for receiving a non-cash benefit. The [...]

With January’s self-assessment tax return looming, we thought that now would be a good time to refresh your mind on what expenses you can and can’t claim as a sole trader or freelancer. Even if [...]

Business budgeting is essential because it allows businesses to make informed financial decisions based on realistic expectations and goals. Here is why effective business budgeting creates a [...]

Streamlining your tax return process in the UK can help you save time, reduce stress, and ensure accuracy. Here are some steps you can take to make the process more efficient. Stay Organised [...]