• The Flat Rate VAT scheme & the Limited Cost Trader test

    VAT is one of the more complex accounting practices you’ll have to undertake as a business, which is why it can help to make it as simple as possible. The Flat Rate VAT scheme does…

  • Stamp Duty – a small business guide

    This guide looks at the types of Stamp Duty your business may be liable for; Stamp Duty Land Tax on property transactions, Stamp Duty Reserve Tax and Stamp Duty on share transactions.

  • Corporation Tax – how to reduce your bill

    Running your own business sometimes seems to be a series of successes followed by setbacks. You win a big client, then lose an existing client. You hire the perfect employee and their current employer offers…

  • business expense claims

    Could you cut your tax bill by claiming some of these business expenses?

    Many business owners don‘t realise that the expenses they can claim against income go beyond rent, rates, equipment, marketing, insurance and salaries. How about food, holidays and school fees? To help find out if you…

  • How to avoid Corporation Tax mistakes

    In a way, HMRC expects very little of limited companies regarding Corporation Tax. All it asks is that as a director of the company, you comply with all tax laws, fill out your company tax…

  • Using Research & Development tax relief to reduce your corporation tax bill

    Cash flow is arguably one of the most important parts of managing your small business. So any tax incentives or potential tax relief opportunities that are available should always be grabbed with both hands.