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New 2021-22 Mileage Rates for Unicycles

The UK tax system is evolving. Recent changes, such as the ongoing rollout of Making Tax Digital, are modernising the way we…

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How to Avoid HMRC Scams around Tax Deadlines

With the Self Assessment Tax Return deadline looming, many businesses and freelancers will be in contact with HMRC. Unfortunately, one of the…

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Should I Voluntarily Register for VAT Early?

Businesses selling goods and services which are subject to VAT must register for VAT when their turnover reaches the registration threshold. But for…

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What is Form SH01?

An SH01 form is used to tell Companies House when new shares are allotted in a private limited company. This is also…

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Do I Need to Make a Voluntary Disclosure to HMRC?

It’s easy to assume that HMRC knows everything. In actual fact, the UK tax system relies on taxpayers proactively providing the right…

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Can I Use the Trading Allowance?

If you are a new sole trader aiming to run a full-time business, or just have a hobby business on the side,…

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