Blogs

VAT vs GST Tax in UK: What’s the Difference & When to Charge It
While VAT (Value Added Tax) is the tax system in place in the UK, GST

Bleeding The Radiator Is Easy – If You Know How!
House maintenance jobs such as changing bulbs, tightening screws, or how to bleed a radiator are

W-2 Employees vs 1099 Contractors: Everything You Need to Know!
When running a business or looking for work you have probably heard about W-2 employees

Best Tax Software for Managing VAT Returns in the UK
Filing VAT returns can feel like a headache, especially with all the paperwork and regulations.

What is Intellectual Property? A Comprehensive Guide
Intellectual property (IP) is – a set of intangible assets – a broad term that

What is an Inherent Risk?
Let’s dive into the topic of what is an inherent risk in the UK. Inherent

What Are the Rules for Reclaiming VAT on Petrol and Diesel?
Reclaiming VAT on petrol and diesel might sound tricky but it doesn’t have to be.

What Is Spread Betting and How Does It Work?
A tax-efficient way of moving the prices of numerous financial instruments globally is called spread

What are S455 Tax Rates? Everything You Need To Know (2025 Guide)
If you run a limited company in the UK you may have heard about s455

How to Cancel Road Tax?
Need to cancel your car tax? It’s easier than you think. But there’s a proper

How Freelancers Claim VAT Back on Expenses? A Complete UK Guide
If you’re a freelancer in the UK, one of the perks you might not be

What is Retained Profit? Formula, Advantages and Disadvantages Explained
Running a business isn’t just about earning money. It’s about making that money work for

What is an Overdraft? How an Overdraft Works?
Ever had one of those moments where your card gets declined? And you’re left wondering

PAYE Late Filing Penalties | What Should you do now
Running payroll in the UK means keeping up with strict reporting rules. One of the

Can Charities Claim Back VAT?
If you run or work with a charity, you probably already know how tricky VAT