tax

Supporting charitable causes not only benefits society but can also provide significant tax advantages for businesses in the UK. By understanding how to effectively donate to registered charities, companies can reduce their taxable profits and enhance their corporate social responsibility profile. This guide will walk you through the essentials of obtaining tax relief through charitable … Read moreHow to Get Tax Relief from Charity Donations

Unless you’ve been living under a rock, you’ll definitely have heard that tax is going digital. Initially set for 2024, Making Tax Digital for Income Tax Self-Assessment has now been pushed back to April 2026, giving businesses a little more time to prepare. But don’t be fooled into thinking you can sit back and relax … Read moreEverything You Need To Know About Making Tax Digital

Accounting can really make a difference to your business from the very day you start, and making the right decisions early on in your business can have a massive impact. One of the common questions we get asked is “Should I be VAT registered?” and the answer varies depending on circumstances. That said, you don’t … Read moreFlat Rate VAT. Should You Be on a Flat Rate Scheme or Not?