If you’re wondering how to check if a company is VAT registered, the process is simpler than you might think. There are times when you
Creative Takeaways A simple video explanation is brought to you by HMRC Tax Facts: 1. Why taxes exist? Taxes aren’t just numbers on a payslip.
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
Pre-registration expenses for VAT are a specific set of expenses you can claim within a certain time period of registering your business. There is some
Following the 2021 Budget, HMRC announced significant reforms to the late filing penalty regime for Self-Assessment tax returns. The HMRC penalty regime is designed to target
Creative Takeaways Here’s the official explanation from HMRC: 1. Who has to pay corporation tax? Corporation tax isn’t just for big companies. You’ll need to
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
MTIC fraud (short for Missing Trader Intra-Community fraud) is a type of VAT fraud that happens when businesses exploit rules on cross-border trade within the
Taxable benefits are non-cash rewards or payments that have a value and are treated as part of your income. These can include: Taxable benefits exist
Changing from sole trader to limited company? It’s a big step, but if you’re already considering it, it might just be the right time for
