Making Tax Digital for Income Tax Self Assessment is planned to happen from April 2026 for sole traders and landlords which will quarterly submissions of accounts information to HMRC. This has been on the cards for several years now and has been cont…
A sale is not a sale until you have been paid. So why do so many businesses leave debt outstanding for weeks and months?
If you provide health insurance the premium you pay is a tax deductible expense, however all the employees and directors who receive this benefit will have to pay tax on the value of the benefit.
I heard an advert recently which said you can save 8 hours a week by using their software. If you are a small business I am sure you will not spend 24+ hours a month doing your accounts.
Anyone in business, whether sole trader, partner or limited company, must register for VAT when their taxable turnover reaches
