What is Corporation Tax? Guide for small companies
If you are setting up a limited company for the first time, here is an overview of how corporation tax works, including details on the 2023 tax hike.
Can your business claim the £5,000 Employment Allowance?
If you have employees, your business may be eligible to offset up to £5,000 of employers' NICs each year, thanks to the Employment Allowance.
Tax-efficient ways to pay yourself through a limited company
To explain more about the tax advantages of a limited company, we asked a leading accountant to outline the tax-effective ways you can pay yourself via your own company.
Limited company dividend tax guide – 2024/5 tax year
Here's how company dividends are taxed, and how you calculate the amount of tax you need to pay on your dividends.
How much has the April 2023 Corporation Tax rise cost you?
How does the post-April 2023 Corporation Tax (CT) regime work, and how much more tax small limited companies now pay as a result of the tax rise?
10 common self-assessment tax return mistakes and how to avoid them
If you're self-employed or a company director, you must file a yearly tax return. If you make errors, miss the deadline, or withhold any information, HMRC could penalise you. With…
10 essential tax tips for small business owners
Tax isn't the most exciting part of running your own business, but it is an issue that you will have to tackle at some point. To help you to quickly…
10 Value Added Tax (VAT) tips for small business owners
Here are 10 tips to help you keep on top of your VAT responsibilities as a small business owner. From choosing the right VAT scheme in the first place, to filing your quarterly returns on time.
What business expenses can your limited company claim for?
Which expenses you can claim via your limited company, and what to consider when deciding whether it's you or your business that should pay for something.
How to check if a UK or EU VAT registration number is valid
If you have a new UK or EU customer or supplier, you should check the VAT registration number (VRN) they have supplied is valid. Here are three ways you can do so.