Blogs

Annual Staff Parties, Gifts and Non Taxable Benefits
As the holiday season approaches, many businesses prepare to celebrate with annual Christmas parties. While

Dis-incorporation – Removing a Business from a Limited Company
The process by which a business is transferred out of a limited company and carried

Minimising Tax on Company Cars
The cost of being provided with a company car has reached extremely high levels and

Tax Implications of Employees Working Abroad
If you are part of a globalised economy in this era, it is usual for

Main Tax Late Filing and Payment Penalties
This article summarises the main tax late filing and payment penalties. In addition, you should

The Basics of Inheritance Tax
Inheritance Tax (IHT) is becoming more of a concern to many people. Most estates (the

What is VAT Annual Accounting?
With the Annual Accounting Scheme, you complete one VAT return per year instead of each

A Guide on How to Write Business Plan?
A business plan helps you to do all the necessary research to take a business

Capital Gains Tax (CGT) An Ultimate Guide
Last updated: 14 October 2026 Capital Gains Tax (CGT) applies when chargeable assets are disposed

CGT Private Residence Relief – Capital Gains Tax
The sale of an individual’s home is normally exempt from CGT, with neither a taxable

Changing from a Sole Trader to Limited Company
Looking for how do you change from sole trader to limited company in the UK?

Exploring VAT Flat Rate Scheme: A Complete Overview
The VAT flat rate scheme simplifies and speeds up VAT return completion for small businesses.

What is VAT Cash Accounting Scheme
The main benefit VAT Cash Accounting Scheme is that you don’t have to pay VAT on invoices you have issued until your customers pay you. Although it also means you can’t reclaim VAT on purchases until you pay your suppliers. You get instant bad debt relief since no sales tax is due if no payment is made.

CGT Entrepreneurs Relief
Entrepreneurs relief was introduced to help protect entrepreneurs from rises in CGT rates. Entrepreneurs’ relief is available to individuals (or trustees in some circumstances) but not to limited companies.

Using a Limited Company to Save Property Tax
The analysis of whether it is beneficial to use a Limited Company to Save Property