Category

Accounting

The accounts section, brought to you in partnership with Sage, features in-depth guides and features for UK small businesses and start-ups needing advice on how to manage company accounts, including topics such as cash flow management, late payment, bad debts and bookkeeping.

7 ways to reduce your corporation tax bill

All limited companies must pay corporation tax on the profits they make, but there are entirely legitimate ways to reduce the amount you pay says James Johnson, a partner at Hillier Hopkins

Accounting

Accounting

What is rateable value in 2023?

What is rateable value and how has it changed as of 1 April 2023? What you need to know if you want to appeal your rates bill

Accounting

Sole traders and VAT

Whether you pass the VAT threshold or register for VAT voluntarily, we explain everything you need to know about Value Added Tax

Accounting

Tax-efficient ways to extract profits from your business

Here, we break down a number of tactics business owners can use to extract profit from their business with one eye on tax-efficiency at all times.

Accounting

Buying a car through your business

If I bought my car for £7,000 + VAT and use it 50/50 for business and personal use. How much can I claim back? I’m so confused.

Accounting

How to manage company car tax as a small business owner

If your employer gives you a company car on top of your salary, you still have to pay tax on it. We look at the ways you can reduce your company car tax bill

Accounting

Sole traders pay most tax since records began

Self-employed paid £22bn in income tax in January – the biggest-ever figure since records began in 1999 and one-third higher since last year

Accounting

Sole traders increasingly avoid charging VAT

Tens of thousands of small businesses deliberately stay small to avoid charging VAT, which means you have to hike prices if you wander over the £85,000 threshold

Accounting

Sole traders pay most tax since records began

Self-employed paid £22bn in income tax in January – the biggest-ever figure since records began in 1999 and one-third higher since last year

Accounting

Sole traders increasingly avoid charging VAT

Tens of thousands of small businesses deliberately stay small to avoid charging VAT, which means you have to hike prices if you wander over the £85,000 threshold

Accounting

Self-employed Making Tax Digital faces delay until 2026

Treasury set to announce two-year delay to rolling out its Making Tax Digital system to the self-employed and microbusinesses earning over £10,000 from April 2024 to 2026

Accounting

How to do bookkeeping as a small business

Keeping on top of your accounts as a small business needn’t be a headache. With the right approach and tools, it can be incredibly useful. Little and often is the key, says Ryan Grundy

Accounting

Bookkeeping when you’re a sole trader

What’s the difference between bookkeeping and accounting? Do you even need to do bookkeeping as a sole trader? Kate Gloudemans answers your questions

Accounting

Businesses set to pay extra £3bn business rates from April

50% discount for retail and hospitality business rates ends in March, just as inflation sends what companies have to pay soaring

Partner content

5 things every small business owner needs to know before starting

HSBC - Advertising feature

Partner content

What is professional indemnity insurance?

Professional indemnity insurance provides cover if somebody sues your business and they allege that your advice caused financial loss or damaged their brand. It’s not just for accountants and lawyers but for anyone offering a personal service, even web designers

Partner content

Benefits of switching to the right business bank account

We've teamed up with the Current Account Switch Service to explain the benefits of switching your business bank account.

Partner content

Business Companion: a reliable voice in the misinformation age

Business Companion is a one-stop-shop for accurate and up-to-date legal guidance, whatever sector you’re in — and it’s all completely free