Blog Posts

Tax

Tax can be complicated, especially if you’re running your own business. Find online help and free resources to help you understand different types of tax for your business, including Capital Gains Tax and income tax. Learn more about tax relief you might be eligible for, and the allowances and grants available, as well as how to pay your bill.

UK Tax Rates, Thresholds and Allowances for the Self-Employed

UK Tax Rates, Thresholds and Allowances for the Self-Employed

Read our guide to the current UK tax rates and thresholds affecting sole traders, limited companies, partners and partnerships, employers, and...

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A Guide to Tax for General Partnerships

A Guide to Tax for General Partnerships

A general partnership is a way of operating a business with two or more people or corporate members. Just like any...

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Do I Need to Make a Voluntary Disclosure to HMRC?

Do I Need to Make a Voluntary Disclosure to HMRC?

It’s easy to assume HMRC know everything, but much of the UK tax system relies on taxpayers, employers, and sales platforms...

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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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What Happens If I Don’t Pay Enough Tax?

What Happens If I Don’t Pay Enough Tax?

Nobody ever really wants to pay tax, but paying less than what HMRC think you owe can be a stressful situation...

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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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Submitting a Self Assessment Tax Return for Someone Who Has Died

Submitting a Self Assessment Tax Return for Someone Who Has Died

Sadly, the only two things in life you can be sure of are death and taxes. It’s not an easy subject...

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Carry Back Rules: Relief for Trading Losses on Corporation Tax and Income Tax

Carry Back Rules: Relief for Trading Losses on Corporation Tax and Income Tax

Every business wants to make a healthy profit and sail off into the sunset. But in reality, the sea can be...

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What Happens if I Pay Tax in Two Countries?

What Happens if I Pay Tax in Two Countries?

Paying tax can be tricky if you’re a UK tax resident who lives, works, or earns an income outside of the...

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How Do I Check If HMRC Have Received a Tax Payment?

How Do I Check If HMRC Have Received a Tax Payment?

Sending large amounts to anyone can leave you feeling a little anxious, especially when you’re paying your tax bill to HMRC....

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The Difference between the Marriage Allowance and Married Couple’s Allowance

The Difference between the Marriage Allowance and Married Couple’s Allowance

Though the names are similar enough to make things nice and confusing, the Marriage Allowance and Married Couple’s Allowance have slightly...

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