Author: Erin Walls

How and when to report your dividends in tax return? Many limited company directors get confused when dividend income seems to fall across two different

So, you’re looking into different allowances and government schemes, and you run into employment allowance. What is employment allowance? In simple terms: Employment Allowance is

An accrual is income earned or expenses incurred that haven’t yet been received or paid. In accounting, it ensures financial records reflect actual business activities,

Selling to EU from UK has changed quite a bit after Brexit. UK businesses are no longer part of the EU’s single market and customs

The UK tax year for 2025/2026 runs from 6 April 2025 to 5 April 2026. If you’re self-employed or running a creative business, this is

Every business needs to track its finances, but not all financial reports serve the same purpose. Two of the most common types are management accounts

Since the UK left the EU, importing goods from Europe has become more complex. If you’re bringing goods into the UK from the EU, the

A business is required to register for VAT, if they match one of the compulsory registration criteria. It is also possible to register with turnover

More freelancers in the UK are asking the same question: Is it time to incorporate? It’s a fair one. Working for yourself has never been

Not the nicest of Wednesday Wisdom’s we have ever written but a very important one nonetheless. HMRC scam calls are on the rise. These calls