• What is Corporation Tax? Guide for small companies

    If you set up a business via a limited company, your annual profits will be subject to Corporation Tax. Dealing with your corporation tax issues is one of your accountant’s key tasks. However, it is…

  • business rates

    How are business rates calculated for small firms?

    Just as you have to pay council tax on your home, so your business must cough up business rates for its premises. They can be a pain and an easily overlooked cost when you are…

  • tax on dividends

    How are limited company dividends taxed?

    Here’s how company dividends are taxed, and how you calculate the amount of tax you need to pay on your dividends.

  • sole trader tax

    Sole trader tax – a concise guide for the self employed

    In this guide, we look at the taxes you will encounter if you start your own business as a sole trader and other things you should bear in mind before taking the plunge and becoming…

  • payroll small business

    Guide to the main HMRC payroll forms for small businesses

    When you run a small business, either as a sole trader, partnership or limited company, there will always be a number of HMRC forms you will need to be aware of. Although your accountant will…

  • shares employee bonus

    Rewarding staff with bonus shares – tax implications

    Bonus payments may have been a bit thin on the ground since the COVID-19 pandemic hit. Hard-pressed businesses, struggling to meet existing commitments, may balk at the prospect of parting with cash. However, the benefits…