Blog Posts

Tax Relief

Your Guide to Business Asset Rollover Relief

Your Guide to Business Asset Rollover Relief

You’ll usually need to pay Capital Gains Tax if you dispose of an asset, but you might be entitled to Business...

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Company Car Tax for Electric Cars

Company Car Tax for Electric Cars

It’s fairly common for employers to offer company cars to employees and directors, or for directors to take one through their...

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Christmas Parties, Staff Gifts, and Your Tax Bill

Christmas Parties, Staff Gifts, and Your Tax Bill

Christmas is an opportunity to take a bit of time out, but for those running businesses a Christmas party or gift...

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Can I Claim Clothes and Uniforms as an Expense?

Can I Claim Clothes and Uniforms as an Expense?

The general rule for claiming any business expense is that it must be “wholly and exclusively for business”, which can include...

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Can I Use the Trading Allowance?

Can I Use the Trading Allowance?

You can use the trading allowance even if you receive an income from other sources, such as an employer. For example,...

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Can I Reclaim VAT After I Cancel my VAT Registration?

Can I Reclaim VAT After I Cancel my VAT Registration?

Good news! You may still be able to claim back VAT for a period of time, even after you deregister for...

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Tax Relief for the Self-Employed

Tax Relief for the Self-Employed

Self-employment can be hard work because as well as doing your job, you’re also dealing with marketing, sales, and of course,...

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Top Tax Breaks for Businesses

Top Tax Breaks for Businesses

Claiming every bit of tax relief possible can noticeably reduce your tax bill, so you can put what’s left to better...

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Registering Your Child’s Etsy Business and Your Tax

Registering Your Child’s Etsy Business and Your Tax

Etsy is an incredibly popular giant online marketplace for crafters, with a whopping 4.4 million active sellers and more than 80...

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What is Depreciation?

What is Depreciation?

Depreciation is the declining value of a fixed asset throughout its usable life. It’s used in accounting to spread the cost...

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Claiming Business Expenses as a Self-Employed Sole Trader

Claiming Business Expenses as a Self-Employed Sole Trader

Working out what expenses you’re allowed to claim for in your business can be extremely confusing. Nobody wants to pay more...

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Can I Reclaim VAT on Purchases I Made Before Registering?

Can I Reclaim VAT on Purchases I Made Before Registering?

Not all businesses need to register for VAT straight away, but if you do then you may be able to reclaim...

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