Blog
Common Accounting Errors: Types of Accounting Errors And How To Avoid Them
Accounting errors can be a costly oversight for any business, large or small. These mistakes can lead to inaccurate financial reporting, which in turn can
Overlap Profits: What Is Overlap Relief For The Self-Employed?
If you’re self-employed in the UK and don’t use a 31 March to 5 April accounting year, you need to know about overlap profits. You
VAT Flat Rate Scheme: What Is It – Plus Pros And Cons
Navigating tax responsibilities can be one of the most daunting aspects of running a business in the UK… So it’s no surprise the VAT Flat
What Are The Advantages And Disadvantages Of A Private Limited Company?
It’s one of the crucial choices for entrepreneurs, and a query we hear time and again – what are the typical private limited company advantages
Expat Tax UK Rules: Are You Still A UK Tax Resident?
Taxation for British citizens living abroad can be confusing, so in this guide we explore expat tax UK rules – and explain what determines whether
Do Charities Pay Tax? What You Need To Know About Charity Tax Relief
In this guide we answer a common question... Do charities pay tax? It depends on several factors. Read on to find out - do charities
Side Hustle Tax UK Law – How Much Tax Do You Pay On A Second Job?
Find out if there is a new side hustle tax UK law when selling online using eBay, Vinted, etc.
Distribution Of Estate To Beneficiaries UK: What You Need To Know
If someone passes away and doesn't leave a will, the deceased person's property must be shared out. In our blog we explain how this process
House Sold For More Than Probate Value: What Happens With HMRC?
When a loved one dies, you have a long list of things to sort out. So, you might forget to value the house for probate
Tax On Rental Income: What Is It And How Much Do You Pay?
If you're a landlord, you'll have to pay tax on rental income from any property you let. In our blog, we explain how this process
Time To Pay Arrangement (TTP): Paying Debt To HMRC
A Time To Pay Arrangement (TTP) is an agreement with HMRC allowing you to pay tax over a longer period. Read our guide to TTP
How Long Should I Keep Accounting Records In The UK?
This blog discusses for how long you should keep accounting records if you are self-employed, a limited company or if you are an employer.