CIS Explained: What Contractors and Subcontractors Need to Know
If you work in construction, you’ve probably heard of the Construction Industry Scheme (CIS). It’s designed to simplify how tax is deducted and managed between...
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How to Pay Yourself from a Limited Company
If you have set up a limited company, one of the first questions you will face is how to pay yourself. It is a common...
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Accounting for Property Developers: Structures, Tax & Compliance Essentials
Property development is often exciting and lucrative, but hardly ever straightforward. From balancing contractors to keeping your projects on track and finding funding, accounting is...
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Partnership Vs Limited Company: What’s Right for Your Business?
Small businesses are on the rise, but before you dive into something like coming up with a name or logo, we have an essential question...
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What Allowable Expenses Can Landlords Claim?
As a landlord here in the UK, there’s more to your work than finding tenants and getting the rent in; you need to think about...
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What is Making Tax Digital for Income Tax (MTD ITSA)?
Making Tax Digital (MTD) is HMRC’s flagship initiative to modernise the UK tax system through digitalisation. It’s part of a broader push to reduce tax...
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What Expenses Can You Claim if You’re Self-Employed?
When you’re self-employed, you take on a lot of responsibilities. And when you’re busy looking after clients, providing a service, chasing invoices and keeping everything...
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When Is The Self Assessment Tax Deadline?
If you’re self employed, a landlord or have untaxed income, you’ll need to complete a self assessment tax return. But when is self assessment due?...
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Do I Need An Accountant For My Limited Company?
Bookkeeping, tax filings, UK law compliance – all of them are some financial responsibilities of setting up and running a limited company. You can do...
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A Guide To Sole Trader Tax Returns
A sole trader in the UK needs to submit a Self Assessment tax return when your income exceeds £1,000 in a tax year pre-tax relief....
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