Should my business register for VAT?
For most businesses, when your turnover exceeds a certain level you must register for VAT and charge VAT on all your sales. Certain businesses are exempt and therefore do not need to register. If [...]
Should you provide a company car to an employee?
If you provide a company car to an employee there will be a benefit in kind charge. This includes directors of a limited company. What is a benefit in kind? Benefits in Kind (BIKs) are non-cash [...]
Self-employed vs Limited company. Which is best for my business?
Are you just starting out in business? One of the important initial decisions to make is which type of trading structure you should choose. If you are going it alone, you could choose to be a [...]
Flat Rate VAT Scheme Changes: are you prepared?
From 1 April 2017 HMRC are introducing changes to the flat VAT rate scheme, which could have a significant impact on some small businesses. The flat rate scheme was introduced to reduce the [...]
Tax relief at Christmas
It’s that time of year again when thoughts turn to Christmas. As a business do you know what gifts you can give your staff without incurring tax or National Insurance (NI)? Do you know what gifts [...]
