Tax Guides

Savvy entrepreneurs seem to make more money, yet find perfectly legal ways to optimise their taxes. So what do they know, and do differently to cut their tax bills?

Small business tax is not straightforward. In fact, it can be a real minefield for the unwary. However, if you take a little time, and work with your accountant, it's…

In this article, we look at what the PAYE scheme is, and how it applies to the self employed, including limited company directors.

VAT is one of the more complex accounting practices a business must undertake, which is why it can help to simplify it as much as possible. The Flat Rate VAT…

Running your own business sometimes seems to be a series of successes followed by setbacks.

You win a big client, then lose an existing client. You hire the perfect employee and their current employer offers them more money to stay. You make a nice profit, and the taxman comes along and takes almost 20 per cent of it! Talk about three steps forward, two steps back.

If you, or your business, have used tax avoidance schemes in the past, you could soon be receiving an Accelerated Payment Notice (APN) from HMRC. So what should you do…

As a small business, the benefits in kind you offer staff may play an important part in your company’s infrastructure. So, if you haven’t already got to grips with the new salary sacrifice rules, now is a good time to do so.

With the complexity of the VAT laws it's understandable that businesses make mistakes on their VAT returns. However, these mistakes can be very costly both in terms of paying the…