If you are running a business, handling VAT returns can be complex. You may have submitted returns with errors previously if you were unsure of what to do and could be at risk of further investigation or fines from HM Revenue & Customs (HMRC).
Ready to make a move to the cloud – Find out how you can migrate smoothly
Cloud accounting offers many useful features that can help to save time and make your business more efficient.
Establishing identity and why it matters
As a business owner, it is important that you are reflecting and checking back on your business and its identity regularly.
Furnished Holiday Let Tax: What do you need to know?
A furnished holiday let (FHL) is a particular type of rental property classification in the UK.
The importance of cash flow for tourism businesses
With the busy Christmas period approaching, businesses operating in the hospitality and tourism sector will be dealing with increased demand.
The significance of ‘One To Many’ letters from HMRC
Letters have been sent out to individuals listed as ‘Persons of Significant Control’ (PSC), urging them to check and, where necessary, correct their tax returns.
Capital Gains Tax: What do you need to know?
Capital Gains Tax (CGT) is a tax applied on the profit you receive when disposing of an asset.
Avoiding obstacles with the Construction Industry Scheme
Under the Construction Industry Scheme (CIS), contractors take money from a subcontractor’s payments and send it to HM Revenue and Customs (HMRC).
Supporting staff through the cost-of-living crisis
Many UK employers are topping up pay packets of valued employees with a cost-of-living payment when they are unable to offer a pay rise.