The VAT Flat Rate Scheme can make VAT calculations simpler, but simple does not automatically mean cheaper. For some businesses it reduces administration and produces a reasonable result. For others,…
Small Business Britain announced the launch of its new Small & Mighty Enterprise Programme — a six-week online course aimed at supporting sole traders and micro businesses looking to take the next…
Self Assessment for beginners can feel like a collection of unrelated dates, forms and payments. In reality, the process is easier to manage when you separate it into four jobs:…
With the new tax year fast approaching, many businesses are beginning to prepare for the changes introduced by Making Tax Digital (MTD). From April, sole traders and landlords earning more than £50,000 will…
With the Self Assessment deadline of 31 January just around the corner, HMRC is alerting taxpayers to a rise in scams targeting individuals at this time of year.
Since February 2025, HMRC has been…
As we enter into a New Year, it’s a natural time to pause and think about how your business has performed over the past year.
For many, some things will…