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 […]
29th June 2020
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 […]
21st April 2020
Your UTR (or Unique Taxpayer Reference) is provided to you by HMRC when your business starts trading, or you register for Self Assessment. You will usually […]
14th April 2020
As a sole trader, you may think you can include all your accountancy fees as a tax deductible expense however this is incorrect. You are allowed […]
9th April 2020
You must file a Self Assessment tax return with HMRC every year if you are self employed (and earn more than £1,000) or you are a […]
9th April 2020
The easiest way is to break down the two terms: Self Employment means you are responsible for declaring your taxes, managing your business, and deciding what […]