When should I set up as a sole trader?
HMRC recommend that you register as a sole trader as soon as you can after you start trading. The latest that you can register is by 5th October in your b...
HMRC recommend that you register as a sole trader as soon as you can after you start trading. The latest that you can register is by 5th October in your b...
The main way you can lower your company car tax is to get a low-emission vehicle. As mentioned, there are changes to company car tax which means from next...
Typically, the supply of goods with installation services is treated as a single transaction subject to VAT in the country where the goods are installed o...
You’ll get a penalty if you need to send a tax return and you miss the deadline for submitting it or paying your bill. You’ll pay a late filing penalty of...
within 4 weeks HMRC will send you an updated bill within 4 weeks. Do you need to deregister for self assessment? If your circumstances change and you no l...
four years What are the time limits for claiming back tax? You have four years from the end of the tax year in which the overpayment arose to claim a refu...
According to tax legislation, tax relief is allowable for training expenses only when the training is wholly for business purposes. This essentially refer...
Some migrants working in the UK have to complete a formal tax return each year – even if they are not self-employed and have all their employment taxes de...
The disadvantages of a freehold Freeholds are often more expensive, as you own the land as well as the property. They also usually refer to houses rather ...
A Trading Company essentially takes care of all of the risky activities and holds all of the liabilities of the business. The Holding Company (as the name...