Blog Posts

Tax Relief

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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Leasing a Car Personally versus Through Your Limited Company

Leasing a Car Personally versus Through Your Limited Company

Should you lease a car in your own name or do it through your company? This is a question our clients...

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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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What is the 40% Tax Bracket?

What is the 40% Tax Bracket?

Pay rises, bonuses, getting new clients on board – they’re all incredibly exciting and you should take some time to celebrate...

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Can Self-Employed People Get Help with Childcare Costs?

Can Self-Employed People Get Help with Childcare Costs?

Being self-employed can mean your working hours are more flexible than they would be working for an employer, but caring for...

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