Tag

Tax

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

Tax

9 ways to save on tax for sole traders

Are you a sole trader with a hefty tax bill? Take these tips to save yourself some money and help your business grow

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?

Accounting

How to spend less time on accounting and payroll

Here some helpful accountancy and payroll software and practices can make the process less complicated and less time-consuming

Accounting

3 ways to avoid overpaying tax

Here are three strategies to help you avoid overpaying on tax so that you won't be out of pocket waiting for an HMRC refund

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

Accounting

Accounting for success in 2025

The UK’s small business population is facing a tranche of new tax rules and employment policies set to come into effect from April 2025

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

This guide is designed to help small business owners discover the allowable expenses they can claim to reduce their Self Assessment tax bill

Accounting

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

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.

Employing & managing staff

The importance of vocational rehabilitation services for SMEs

In Aviva’s latest SME research*, 57 per cent of employers surveyed agreed that nowadays employees expect benefits to protect against loss of income or earnings. What do you offer your people?

Partner content

What are the benefits of business broadband?

Business broadband offers a host of advantages over standard domestic connections, here’s why you should be considering an upgrade

Partner content

How should I select my business broadband provider?

As with any supplier, it’s important to do your research and ask important questions before you select a broadband provider for your business. But what are the must-have things you should take into consideration?

Business Technology

Future-proof your business communications set-up

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