2023 Autumn statement In this Autumn Statement, the Chancellor announced a raft of tax and spending changes that will affect UK small businesses – including major changes to National...

Can I request cis payment and deduction statements from hmrc? In December 2022 HMRC announced in their December Employer Bulletin that they have changed the way in which they will deal with...

demystifying Payments on account: what small business owners need You might have received a statement from HMRC in the past few weeks reminding you that your payment on account is due by 31st July...

What Are Simplified Expenses? What are Simplified Expenses Simplified expense is a scheme set up by HMRC to help sole traders and business partnerships claim certain expenses using a flat rate rather...

Self Employed – Allowable Expenses What is an allowable expense? So you cannot go ahead and subtract all your self-employed expenses. HMRC has clear rules around what you can and cannot include, the...

pre-trading expenses Did you know you can claim for expenses that incurred before you started trading! Whether you decided to set up as a sole trader, a partnership or a limited company, you’re likely...

The pros and cons of sole trader vs limited company One of the biggest decisions when setting up a business is choosing the legal structure.  No matter how big or small, every business must have...