How to create a HMRC Goverment Gateway account (aka Online Tax Account)
In today's digital age, it is increasingly important for small businesses to have their online tax account in order. With HMRC shifting its services online and reducing phone support, it is crucial to register for a HMRC Government Gateway Account and add the relevant taxes for your business. Our short guide shows you the simple steps to get your account set up.
Christmas Parties - What can you spend and avoid tax?
Christmas is just around the corner! Do you want to know what your business can spend on a Christmas party for you and all your colleagues? Well the answer is pretty straight forward and sticking to a few simple rules will allow you to have a good old tax deductible, benefit free knees up with your colleagues.
What is VAT and do I need to register for VAT?
What is VAT and do I need to register for VAT?
Our simple guide will help you to decide. VAT is applicable to all types of businesses including Sole Traders, Limited Companies, Partnerships etc.
Business Travel and Mileage for Sole Traders.
If you use your personal vehicle for business journeys, you can include the cost of the mileage incurred in your accounts, therefore saving you tax.
Self-employed and working from home? Save tax. Claim working from home expenses.
Good news! If you’re one of the UK’s many self-employed workers who carries out work from home, you can claim some of the cost of running your home as a business expense, which will save you tax!