Beth-Anne Karellen

Posts by Beth-Anne Karellen

I'm an experienced and fully AAT and ACCA qualified accountant, who is enthusiastic about helping business owners succeed. I also love cooking and needlepoint (at different times!).

Does a Sole Trader Need to Register for VAT?

Does a Sole Trader Need to Register for VAT?

The requirement to register for VAT depends on how much money your business makes in any 12 month period, rather than...

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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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Does a Sole Trader Need to Register with Companies House?

Does a Sole Trader Need to Register with Companies House?

The quick answer is no; sole traders don’t register with Companies House in order to become self-employed. In this short article...

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The Difference Between Dormant and Non-Trading Companies

The Difference Between Dormant and Non-Trading Companies

Some limited companies are registered but then never trade, or they might do so only to stop trading after a period...

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Where Can I Find My Unique Taxpayer Reference (UTR) Number?

Where Can I Find My Unique Taxpayer Reference (UTR) Number?

Along with your name and date of birth, HMRC uses unique reference numbers to help them locate and manage your tax...

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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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A Guide to the VAT Annual Accounting Scheme

A Guide to the VAT Annual Accounting Scheme

Businesses which register for VAT will normally make VAT submissions four times a year, but the rules are a bit different...

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What Is An SA102 Form?

What Is An SA102 Form?

An SA102 Form is a type of supplementary page to the paper version of the Self Assessment tax return. You should...

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What is the Difference Between a Private and a Public Limited Company?

What is the Difference Between a Private and a Public Limited Company?

Limited companies exist as a separate legal entity to their owners, and this is often seen as an advantage because it...

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Accountants for the Legal Industry

Accountants for the Legal Industry

The legal profession can be an unusual one as far as accountancy goes, so it’s often useful to engage with an...

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Can I Reclaim VAT on Fuel my Business Uses?

Can I Reclaim VAT on Fuel my Business Uses?

You may be able to claim back the VAT your business pays on vehicles and the fuel they use. As you...

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How Do I Cancel My VAT Registration?

How Do I Cancel My VAT Registration?

You can de-register for VAT online, or you can submit a VAT7 form to HMRC through the post to cancel your...

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