One of my clients asked me last week if they still needed to be VAT registered. Their business has changed now they no longer have an employee to help them. So I took some time this morning to calculate whether they would be better off de…
If you are a sole trader preparing to file your tax return did you know that some of your business expenses can be calculated using HMRC's rules for simplified expenses? This includes motor vehicle costs and working from home which can …
Making Tax Digital for VAT is less than 6 months away. We are ready for it and have made sure all our customers know what changes they need to make too. Are you ready for MTD?
All growing businesses will become VAT registered. It is not daunting. You just need to become organised with your record keeping and remember your VAT return deadlines. So what should you know about becoming VAT registered?
From April 2019 VAT registered businesses who have a turnover over the VAT registration threshold (currently £85,000) must use accounting software to file their VAT returns. If your turnover is over £85,000 you will no longer …