Will I have to pay back VAT?
My turnover is well below the current VAT threshold. If I cancel my VAT registration, will I have to pay back the VAT I have already claimed?
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.
My turnover is well below the current VAT threshold. If I cancel my VAT registration, will I have to pay back the VAT I have already claimed?
Tax
Tax
If I worked from home in a spare bedroom on a computer trading foreign exchange virtually and there would be no visitors to my home, no deliveries, and no post to do with the work as statements sent via email, would I be liable to pay business council tax?
Tax
Tim Lyford, director in the Corporate Tax division of Smith & Williamson, discusses the limitations of an OTS discussion paper on a tax solution for microbusinesses.
Tax
Every small business should make their business tax as efficient as possible, this guide will help ensure you're not paying HMRC too much.
Tax
I heard that the government were helping small business by deferring payment of VAT. Is this true and if so, what is the procedure?
Tax
With the paper self assessment tax return deadline on October 31, Anita Monteith, technical manager of the Institute of Chartered Accountants Tax Faculty, has the following advice for ensuring you make the deadline.
Tax
What was the limit for business turnover for 05/06 when you can become VAT registered?
Tax
SmallBusiness.co.uk and Andy Hardy from TaxCalc.com demystify the tax returns process and offer top tips on how you can ensure that you don't get caught out by the taxman or pay unnecessary fines.
Tax
What was the limit for business turnover for 05/06 when you can become VAT registered?
Tax
SmallBusiness.co.uk and Andy Hardy from TaxCalc.com demystify the tax returns process and offer top tips on how you can ensure that you don't get caught out by the taxman or pay unnecessary fines.
Tax
An increasingly tough approach from HM Revenue & Customs (HMRC) means owner-manager shareholders could pay a high price for failing to stick closely to the rules relating to dividend payments.
Tax
I would like to find out what tax exemptions are available for home-based workers, if any, i.e. in terms of vehicle usage. Unfortunately, the Inland Revenue site is abysmal to say the least. Can you help?
Tax
Small businesses are often tempted to 'go it alone' rather than seek professional help with their accounts – usually this is a cost-saving exercise, but can be a false economy in the long run.
Tax
Determining whether a partnership exists, particularly in respect of VAT, can sometimes be a difficult task.
Business Technology
Landlines as we know them will be scrapped in 2027 – along with a raft of upcoming business changes. Here's how to ensure your communications set-up is fit for whatever the future brings
Business Loans
Everything you need to know on what small business loans are and what types of loan are available for your business.
Business Technology
With the landline shutdown coming fast, there’s never been a better time to switch to VoIP. Don’t let your small business be left behind!
Export & Import
Many factors can affect products’ journeys from A to B. Here are some tips for best practice for successful shipping in the modern world