10th July 2020
If you sell digital services (such as downloadable documents, training courses etc) through your own website/shop to individuals in the EU (non-UK) you must register for […]
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 […]
1st July 2019
For eligible employees, the rates for 2020/2021 tax year are 5% for employees, with the employer paying 3%, giving a total minimum contribution of 8%.
1st July 2019
Limited companies can donate money to charities and claim the corporation tax back on the value of the donation. Sponsorship of a charity or community sports […]
1st July 2019
The most tax efficient way of paying yourself through a profitable limited company is with a salary within the NICs threshold (£8,632 for 19/20 tax year), […]
1st July 2019
Director or employee: Directors and employees of a business can claim £26 per month for use of home on a flat rate basis. Working form home […]
1st July 2019
Sole Trader: Sole traders can claim ‘use of home as office’ under HMRC’s simplified expenses system. This equates to £10 per month for 25-50 hours worked […]
1st July 2019
There are different rates depending on whether you are a sole trader or a director or employee of a limited company. As a director, running a […]
1st July 2019
Motor vehicle expenses can be a significant cost for many small businesses. There are two main ways to claim for these expenses – simplified expenses (mileage) […]