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Correcting VAT Errors on a Return Already Submitted

Correcting VAT Errors on a Return Already Submitted

While you are in the middle of completing your VAT returns, it is quite possible that you can make an error with any form of...
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Can Charities Claim Back VAT?

Can Charities Claim Back VAT?

Are you associated with a charitable organisation and finding it complicated to handle the VAT? Well, you need to be aware of the exact implication...
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What Tax Do I Pay on Redundancy Payments?

What Tax Do I Pay on Redundancy Payments?

Are you the individual who was once an employee of a company in the UK and then has been made redundant? You must be getting...
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FreeAgent vs QuickBooks Online

FreeAgent vs QuickBooks Online

If you are the owner of a small business in the UK, each penny that you are spending on your business will count in this...
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Why Should You Use Xero for Your Small Business?

Why Should You Use Xero for Your Small Business?

If you are carrying out your small business in the UK, it is imperative to realise that one of the crucial things is to learn...
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What is a Tax Gross Up for Payroll?

What is a Tax Gross Up for Payroll?

Are you an owner of a business? You will have to hire employees for the sake of meeting certain targets of your company. And there...
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Accounting, Tax Year Dates for Sole Traders

Accounting, Tax Year Dates for Sole Traders

Whether you are new to the business world or have just signed up for being a sole trader to mark your brand in the industry,...
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What is ATED? Annual Tax on Enveloped Dwellings Explained

What is ATED? Annual Tax on Enveloped Dwellings Explained

ATED referred to the annual tax on enveloped dwellings. This is a kind of tax that is implemented on companies in the UK regardless of...
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How Much Does Public Liability Insurance Cost?

How Much Does Public Liability Insurance Cost?

There are several businesses that consider public liability insurance cost as an important factor. However, they often enquire about the amount of cost this possibly...
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How to Manage Your Tax Credits Online in the UK?

How to Manage Your Tax Credits Online in the UK?

You must have heard about the services that are digitally offered by HMRC, however, many people do not have a clear idea as to how...
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Voluntary Disclosure to HMRC: Is it Necessary?

Voluntary Disclosure to HMRC: Is it Necessary?

Whether your employment status is being a self-employed individual or you are a business owner, the management of taxes is always a complicated process for...
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Tax Deductible Travel Expenses for Self Employed

Tax Deductible Travel Expenses for Self Employed

When you claim your travel expenses as a self-employed individual, the first important thing you need to do is identify which travel comes under a...
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How to Avoid Capital Gains Tax on Inherited Property?

How to Avoid Capital Gains Tax on Inherited Property?

Any type of property or house that is inherited is able to increase the value of an estate. However, you need to be very careful...
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Can Self-Assessment UK Tax be Paid in Installments?

Can Self-Assessment UK Tax be Paid in Installments?

If you are the one who is wondering how to make HMRC agree upon the monthly instalments of your tax bills because you have a...
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How Do I Get My Tax Refund After Leaving the UK?

How Do I Get My Tax Refund After Leaving the UK?

Are you the individual who is planning to work abroad or to live there and leave the UK? The first thing you must gather information...
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Time to Pay Arrangements with HMRC

Time to Pay Arrangements with HMRC

There are several companies and organisations in the UK that fail to meet the deadlines of the tax bills. If you are also one who...
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Beginner Talks – Tax Fears and How to Solve them

Beginner Talks – Tax Fears and How to Solve them

If you are a new individual associated with the status of self-employment, you need to know everything about your relevant tax implication to avoid ending...
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The UK Royals Who Pay their Taxes

The UK Royals Who Pay their Taxes

There is no denying that there are so many benefits of the Royal family in the UK. The joy of having almost free personal butlers,...
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Tax for a Tennis Coach – A Basic Guide

Tax for a Tennis Coach – A Basic Guide

When you are playing the role of a tennis coach, you must know that your employment status is self-employed. Tax is considered to be a...
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Tax Increases and Public Spending Cuts

Tax Increases and Public Spending Cuts

The new Chancellor Jeremy Hunt had warned the public and the financial markets that his Autumn Statement would include “eye-watering” cuts in public spending and...
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