Voluntary Repayment of COVID Funding: How Businesses Can Clear Their Debt Before the 2025 Deadline
The UK Government’s Voluntary Repayment Scheme allows businesses and individuals to repay any COVID-19 support they weren’t entitled to or […]
Business
How Traders Can Save Big with Stamp Duty Relief on Probate Purchases
Buying property in the UK doesn’t just mean paying the purchase price, Stamp Duty Land Tax (SDLT) is one of
How Traders Can Save Big with Stamp Duty Relief on Probate Purchases Read More »
What FHL Owners Can Still Claim in 2025 After Capital Allowances Are Gone
The UK government abolished the Furnished Holiday Lettings (FHL) tax regime on 6 April 2025, ending the special tax treatment
What FHL Owners Can Still Claim in 2025 After Capital Allowances Are Gone Read More »
How to Calculate CIS Deductions: A Simple Guide for UK Contractors
Calculating CIS deductions correctly is crucial for both contractors and subcontractors. These deductions act as advance tax payments to HMRC,
How to Calculate CIS Deductions: A Simple Guide for UK Contractors Read More »
How to Find the Most Affordable Accountants in London for Your Small Business
Finding affordable accountants is crucial when starting and running a small business, especially for those who want to take services from a firm based in London. Starting a small business is an exciting adventure, but it also presents a number of challenges, particularly when it comes to managing finances. One of the most important decisions you’ll make is choosing the right accountant. But how do you find an accountant who offers the best value without compromising the quality of service? In this article, we’ll guide you through the steps to help you find the best accounting solutions that are within your budget and meet your small business needs.
How to Find the Most Affordable Accountants in London for Your Small Business Read More »
What Information HMRC Requires for MTD for ITSA (Making Tax Digital for Income Tax Self Assessment)
MTD for Income Tax (Making Tax Digital for Income Tax) is a UK government initiative that requires sole traders, landlords
Everything You Need to Know About Annual Tax on Enveloped Dwellings (ATED) for 2025
The Annual Tax on Enveloped Dwellings (ATED) is a UK tax applied to residential properties worth over £500,000 that are owned by companies, partnerships with corporate partners, or collective investment schemes. This tax aims to prevent the use of corporate structures to avoid certain taxes on high value residential properties. If your company owns such property, understanding ATED rules is important to staying compliant and avoiding penalties. In this article, we explain who must file, when to file, how the tax is calculated, and what reliefs and exemptions might be available.
Everything You Need to Know About Annual Tax on Enveloped Dwellings (ATED) for 2025 Read More »
How Directors Can Reduce National Insurance Costs on Benefits in Kind
National Insurance Contributions (NICs) are a key part of payroll costs for employers. Directors often face high NIC liabilities due
How Directors Can Reduce National Insurance Costs on Benefits in Kind Read More »
The Ultimate Guide to VAT for Construction companies in the UK
VAT (Value Added Tax) plays a crucial role in the operations of construction companies in the UK. Whether it’s building new homes, converting non-residential buildings, or renovating properties, understanding how VAT applies to your business activities can save time, reduce costs, and ensure compliance with HMRC regulations. This article will cover everything construction companies need to know about VAT, from registration thresholds to reclaiming VAT on materials.
The Ultimate Guide to VAT for Construction companies in the UK Read More »
Top 10 Tips for Smooth Year-End Accounts for Limited Companies
Preparation of year-end accounts is compulsory for all limited companies and requires close attention to detail, accuracy, and careful planning. This period can be stressful for small business owners, accountants, and finance managers. They need to close the financial year, ensure compliance, and prepare for the next one. In this article, we’ll guide you through 10 essential tips to make the process easier and more manageable.
Top 10 Tips for Smooth Year-End Accounts for Limited Companies Read More »
