Advice and Ideas for UK Small Businesses and SMEs
Articles and news on HMRC regulation and legal matters as regards UK small businesses’ tax, payments, and customs affairs.
Accounting
Nearly three-quarters of businesses are unaware of impending IR35 tax changes. Here are six top tips to help you prepare
News
Michael Gove, the cabinet minister in charge of no-deal planning, says HMRC has been told not to pressure SMEs when it comes to paying tax if it comes to no deal
Tax
You could add thousands of pounds to your small business bottom line by applying these little-known tax breaks.
Tax
HMRC is looking for input to a consultation on the workings of IR35 - the off payroll working rules due to impact the private sector from April 2020.
Tax
Guidelines for those wishing to register as exempt for Making Tax Digital have been announced but these leave little time to apply according to one tax body
Accounting
HMRC’s Check Employment Status for Tax (CEST) is still not properly tested two years since its release, according to a Freedom for Information (FOI) request by UK contracting industry organisation
Tax
Those paying VAT will need, post April 2019, to make their submissions digitally to HMRC. The pilot system for testing their software is now open to all
Accounting
I need to set up tax, PAYE and NI for my limited company in the UK. Can I achieve this without an accountant?
Tax
Here are some of the common triggers associated with HMRC tax investigations, along with how you can reduce the chance of them occurring.
Employing & managing staff
Can I put non-resident employees on my UK company payroll for limited periods of time? If yes, how are they treated under PAYE?
News
HMRC collected an additional £474 million in corporate tax as a result of investigations into SMEs during the 2016/17 tax year.
Accounting
Contracting expert suggests HMRC is promoting tax avoidance as 29 per cent of contractors should fail the IR35 test.
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
To run an optimal business, you must have optimal tech. We explain why you must upgrade your business technology on a regular basis
Investing in a franchise
Starting a new business is an exciting venture. But – especially in well-established industry sectors – a key question is whether it would be better to buy a franchise or go solo.