Dropshipping Accounting: Key Considerations for Online Retailers

Autumn Statement 2023

With a General Election looming on the horizon, Jeremy Hunt rose to deliver his second Autumn Statement as Chancellor in the knowledge that his latest measures could have

Avoid stress and prepare for payroll year-end

It is that stressful time of year again with the payroll year-end fast approaching. Payroll year-end ties in with the tax year-end, which is 5 April.

Avoid the pitfalls of the SEISS scheme

Thousands of taxpayers benefited from the Self-Employment Income Support Scheme (SEISS) as the pandemic raged over the last two years, before its closure last year.

Avoid these costly VAT mistakes

Small business owners need to take measures to avoid costly mistakes when it comes to calculating, reporting and paying Value Added Tax (VAT).

Avoiding Penalties Under Making Tax Digital: A Practical Guide

Making Tax Digital (MTD) is a pivotal move by HMRC to modernise the UK tax system.

Back to Basics on Business Mileage

Ask anyone who either uses their vehicle for business reasons, or puts fuel in a company car, and you will soon realise business mileage can be a confusing topic.

Back to basics: Job expenses

Expenses incurred by employees are generally the responsibility of the employer. Quite often, however, employees have to bear the cost themselves when travelling for

Bad debts on the rise – Time to crack down

As we approach the end of the year, one trend has become increasingly concerning for UK businesses – debts are on the rise.

Bank and building society interest – What needs to be reported under Self Assessment?

HMRC has confirmed it is changing the way it will handle tax on bank and building society interests.