Tag

Tax

Articles, news and guides on tax issues for UK small businesses.

Accounting

What is the VAT threshold?

At what point does your small business have to start paying VAT? Should you voluntarily pay VAT? And what are legitimate ways to stay under the VAT threshold?

News

Some self-employed unaware of HMRC rule change

Experts worry that the self-employed are not familiar with this change which will affect the way that they report profits.

Accounting

Self-employed allowable expenses you can claim

Accounting

What is payment on account and how do I pay it?

Accounting

How to spend less time on accounting and payroll

Accounting

Mileage allowance in the UK – what is it and how does it work?

You can claim back hours spent on the road for your small business, whether you’re an employee or self-employed. What are the rules around mileage allowance?

News

Small firms account for 56% of UK tax gap

The government's latest Measuring tax gaps report shows that small businesses account for over half of the UK tax gap

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.

Making Tax Digital

Making Tax Digital for Income Tax: The lowdown

HMRC has confirmed that the Making Tax Digital for Income Tax Self-Assessment mandate will be delayed until 2026 and will launch using a phased approach.

News

Sunak pledges to cut business tax in Autumn Budget

Rishi Sunak vowed to cut business taxes to encourage higher productivity and living standards in his speech at this year's CBI Annual Dinner

News

Rishi Sunak urged to avoid upcoming tax hikes

The FSB has written to Rishi Sunak, asking him to avoid 'damaging' tax rises and extend the support available for small businesses

News

Businesses say taxman taking ‘aggressive’ approach

Company directors say HMRC twisting arms to pay overdue tax, combined with landlords wanting rent owed and worry over Bounce Back Loan repayments all add to pressure

Business Loans

A guide to getting a small business loan

Everything you need to know on what small business loans are and what types of loan are available for your business.

Partner content

Small business owners: discover alternative funding solutions to help fuel your growth

Business Technology

Why you should upgrade your tech now rather than later

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

Should I buy a franchise or go solo?

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.