Category

Tax

The tax section features news and in-depth guides for UK small businesses and start-ups needing support on how to navigate the sometimes complex landscape of business taxation. The articles offer help with VAT, R&D tax reliefs, tax planning, compliance with tax regulations, and engaging in tax-efficient practices.

Taxman could claw back up to 10% of furlough cash

Small business owners unaware they have overclaimed could face having to repay 5-10% of furlough claims, warns top accounting firm

Tax

Tax

Cash in on tax credits – how to claim for R&D

Research and development (R&D) tax credits are a tax relief based on your company’s investment in innovative technology

Tax

What taxes does a business pay when employing staff?

Businesses that employ staff have an obligation to collect and pay taxes to HMRC in relation to that employment, as Emma Twynholm explains

Tax

What taxes does a business have to pay on its trading activities?

Joanne McLaughlin of Hillier Hopkins explains what taxes your business will have to pay on its trading activities

Tax

Which products have VAT on them?

Confused about VAT? Here are the rates along with some examples of the products and services included within them

Sole trader

5 most common tax mistakes when you’re self-employed

Getting on the wrong side of the taxman can be extremely unpleasant and costly. Simon Thomas offers 5 tips to help you stay out of trouble

Tax

Super-deduction tax break – what is it and how does it work?

The super-deduction tax break means that you can claim 130 per cent of what you spend on equipment for your business against taxable profits.

Tax

7 tax myths for small business owner/managers exploded

As we head into the new tax year, Stuart Clark of Russell & Russell sorts out fact from fiction, putting money in your pocket

Tax

Super-deduction tax break – what is it and how does it work?

The super-deduction tax break means that you can claim 130 per cent of what you spend on equipment for your business against taxable profits.

Tax

7 tax myths for small business owner/managers exploded

As we head into the new tax year, Stuart Clark of Russell & Russell sorts out fact from fiction, putting money in your pocket

News

Small business should get HMRC refund to cover Covid losses, say MPs

Influential Treasury select committee says small businesses should get tax rebate to help cover coronavirus trading losses

News

Rishi Sunak eyes hiking corporation tax even higher to 25%

Doing so would raise around £20bn for the Covid-battered British economy but could hurt small businesses emerging from the rubble

Tax

Self-employed should pay equal tax with employees, says top thinktank

Government loses £15bn a year tax revenue from self-employed, says IFS, which urges wholesale reform of tax system

Tax

You should file your tax return by January 31, despite HMRC extension

The taxman is giving self-employed people an extra month to file their tax return penalty-free. However, payment must be made by January 31

Partner content

Why you need a business bank account

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5 things every small business owner needs to know before starting

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Business management

How to create good cashflow habits

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Business Technology

How to keep your small business safe online

Here's how Security Service Edge from Vodafone can help to protect your SME from ever-increasing cyber threats