Whilst we are still part of the EU VAT registered businesses which supply goods to a customer in a EU country must charge VAT at the standard UK rate. However if that customer is VAT registered, as long as they provide you with their VAT number…
If you are a sole trader or consider yourself to be self-employed you will need to declare your income and expenses to HMRC at the end of each tax year through a self-assessment tax return. Even if you earn income in addition to being e…
If you want to grow your business at some stage you will need to take on your first employee. It can be daunting because there are many things you need to consider. But once you have taken that first step you are on your way to developing…
Some businesses do not want to become VAT registered because they think it is too complicated to do VAT returns. It is quite straightforward especially now that VAT returns can be submitted directly from your accounts software.
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If you are an employer providing expenses and/or benefits to your employees it is likely that you will have to submit a P11D advising HMRC of these expenses or benefits now that the tax year is finished.