Blogs

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
Last updated: 18 October 2026 Intellectual property (IP) is – a set of intangible assets

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?
Last updated: 18 October 2026 Reclaiming VAT on petrol and diesel might sound tricky but

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? 2026/27 Guide
Last updated: 19 October 2026 If you run a limited company in the UK you

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 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
Last updated: 18 October 2026 Running payroll in the UK means keeping up with strict

Can Charities Claim Back VAT?
Last updated: 14 October 2026 If you run or work with a charity, you probably

Free Accounting Software for UK Small Business
With accounting software, you can run your business smoothly to keep an accurate track of

VAT One Stop Shop Scheme: An All Inclusive Guide
For starters, VAT (Value Added Tax) is an additional tax applied on the goods and

What Are Companies House Late Filing Penalties 2025-26?
Last updated: 18 October 2026 Running a company in the UK comes with responsibilities and

How to Claim an HMRC Tax Refund in the UK
Last updated: 19 October 2026 Millions of people pay too much tax each year, usually