Insights & Articles

Distance selling is the term used to describe supplies of delivered goods from one EU Member State to a customer…

The cash basis scheme helps sole traders and other unincorporated businesses benefit from a simpler way of managing their financial…

There are special tax reliefs for pre-trading expenses that are incurred before a business starts trading. These could include expenses…

1 June 2021 - Due date for Corporation Tax due for the year ended 31 August 2020. 19 June 2021…

Businesses that deferred VAT payments last year have until 21 June 2021 to join the new online payment scheme. This…

HMRC’s employment status service can be used to help ascertain if a worker should be classified as employed or self-employed…

Most individuals hold cryptoassets (such as Bitcoin) as a personal investment, usually for capital appreciation in its value or to…

The UK government has announced plans to introduce a new tariff suspension scheme. This new scheme will help UK firms…

Companies that are still claiming the Coronavirus Job Retention Scheme grants, now known as the furlough scheme, will have hard…

Limited companies are required to hold a wide range of company and accounting records. This includes details of directors, shareholders,…

When a VAT registered business issues an invoice to their customer, they must ensure that they charge the correct rate…

BADR used to be known as Entrepreneurs’ Relief before 6 April 2020. The name change does not affect the operation…

The next time you receive a request, by phone, text, or email, that requires you to take an action or…

There are a number of ways a director can extract money from their limited company. The money can usually be…

When VAT registered traders issue an invoice to a customer, they must seek to ensure that the correct rate of…

There are special procedures for importing goods into the UK. Following the end of the Brexit transition period, the process…

HMRC’s online guidance note for residence, domicile and the remittance basis: RDR1 is intended for UK residents and non-residents and…

In most cases, individuals hold cryptoassets (such as Bitcoin) as a personal investment, usually for capital appreciation in its value…