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Records you must keep if self-employed
If you are self-employed as a sole trader or a partner in a business partnership...
Tax liability if you sell a business asset
When selling assets on which capital allowances were claimed, you may need to adjust your...
Requesting evidence of earnings
If you're self-employed, lenders may require an SA302 and tax year overview as proof of...
Why Adequate Business Insurance is Essential for Small Businesses
For small business owners, especially those operating as sole traders or in partnerships without limited...
Business Advice: An Investment, Not a Cost
Flexible planning is essential for adapting to uncertainty, responding to challenges, and seizing new opportunities...
Group relief for trading losses
Group relief helps reduce the overall Corporation Tax of a group of companies by allowing...
Self-Employed National Insurance Contributions
Self-employed individuals earning £12,570 or more annually must pay Class 4 National Insurance Contributions (NICs)...
Tax and Maintenance Payments
Maintenance Payments Relief reduces Income Tax for those making court-ordered payments to an ex-spouse or...
How VAT Payments on Account Work
Businesses owing over £2.3 million in VAT annually must make advance payments on account. These...