29th June 2026
If you file a self assessment tax return, you will have to make a Payment on Account (POA). This applied if you have tax to pay […]
16th February 2024
Whether you can claim flights through your business depends on a few things. Firstly – are they wholly and exclusively for business purposes? If so, then […]
26th October 2023
One of our frequently asked questions is around staff entertainment – Christmas parties, drinks in the pub, summer social, meals out. We’re going to cover some […]
24th October 2023
There are two corporation tax returns in your first year because a Corporation Tax accounting period cannot be longer than 12 months. This means you will […]
24th October 2023
When your company is formed, Companies House will send you a letter with your authentication code shortly after. This will be sent to the Registered Office […]
19th January 2023
Trivial Benefits are gifts, or benefits, given to employees of a Limited Company that have a value of up to £50. There are several conditions applied […]
27th September 2022
In your first year as a limited company, you will have two corporation tax returns to prepare and submit. This is because a Corporation Tax period […]
20th October 2020
Yes and no. You can pay for an eye test through your business if you believe that it will enable you to carry out your work […]
20th October 2020
Gifting to employees and directors: In summary: Directors are allowed to receive products or vouchers up to £300 PER YEAR. This does not have to be […]
20th October 2020
Can you give a gift to a client and claim the tax back on it? THESE RULES APPLY TO ALL BUSINESS TYPES: Gifts of food, wine […]
3rd September 2020
A Companies House authentication code is required to file accounts and a confirmation statement, and make changes to the Company. This is a code made up […]
10th July 2020
In the UK, the VAT threshold is currently set at £85,000 (for the 22-23 tax year). This means that if your taxable turnover in a rolling […]