Understanding Limited Company Accounts Cost: A Small Business Owner’s Guide

900,000 sole traders pulled into MTD for ITSA

The Government has confirmed that Making Tax Digital (MTD) for Income Tax will apply to sole traders and landlords earning over £20,000 a year.

A helping hand with the cost of children’s summer activities

Parents faced with the financial headache of childcare over the long school summer holidays are reminded they can get support from the Government. HM Revenue & Customs

A new VAT penalty system is now in effect

A major overhaul of VAT penalties came into effect on 1 January 2023. This new approach changes how penalties are applied, as well as how interest is calculated and

A quarter of businesses don’t think they will be ready for post-Brexit Britain

A survey of almost a thousand company directors by the Institute of Directors (IoD) has found that nearly a quarter of businesses are not prepared for Brexit and do

A third of UK business owners do not know their company’s value – do you?

New research by Marktlink suggests that around 33 per cent of UK business owners are unaware of the value of their company

Access to European Union VAT refund system to end on 31 March 2021, HMRC confirms

HM Revenue & Customs (HMRC) has confirmed that access to the European Union VAT refund system for expenses incurred before 01 January 2021 will cease on 31 March 2021.

Accessing the Coronavirus Job Retention Scheme

With substantial restrictions for everyone on the circumstances in which we can leave our homes, and many businesses being forced to close, the Chancellor has announce

Accessing the latest COVID-19 stimulus

The Government has pledged more than £330 billion overnight to help businesses struggling with the economic impact of the ongoing COVID-19 outbreak. The Chancellor

Accountants critical to the success of SMEs

Small and medium-sized enterprises (SMEs) are the lifeblood of the country, accounting for 99.9 per cent of all businesses across the UK. At the start of 2021