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.

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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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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What Happens if a Director or Shareholder Dies?

What Happens if a Director or Shareholder Dies?

If you’re planning to start a business, it’s really important to ensure you cover everything, including all the potential what-ifs. Some...

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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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What Type of Tax Return Do I Need to Submit?

What Type of Tax Return Do I Need to Submit?

Your taxes and any other deductions are usually all managed for you by your employer when you work as an employee....

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Authorising an Agent to Help You With HMRC

Authorising an Agent to Help You With HMRC

Completing tax returns on your own can be tricky, especially if you know very little about the world of HMRC and...

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What Is A Tax Reference Number?

What Is A Tax Reference Number?

Each employer and pension provider has a unique reference number which identifies their tax records with HMRC – one of many...

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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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What You Need to Know About HMRC Compliance Checks and Audits

What You Need to Know About HMRC Compliance Checks and Audits

The words ‘HMRC compliance’ are likely to strike fear into anyone’s heart, which is hardly surprising given the penalties for getting...

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Can I Do My Own Tax Return?

Can I Do My Own Tax Return?

Lots of people submit their own Self Assessment tax return for all sorts of reasons. In this article we’ll go over...

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Is There a Tax Allowance for Property Income?

Is There a Tax Allowance for Property Income?

If you earn income from a property you own, you may need to register with HMRC and pay tax on your...

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Time To Pay: Can I Request an Extension if I Can’t Pay My Tax Bill?

Time To Pay: Can I Request an Extension if I Can’t Pay My Tax Bill?

HMRC launched the Time to Pay arrangement scheme to help individuals and businesses struggling to pay their tax bill on time....

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