
How to use the new HMRC app for your tax returns
For small businesses navigating the Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) initiative, tax returns can be complex.

For small businesses navigating the Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) initiative, tax returns can be complex.

When making the decision to become a freelancer, you have two options. You can either set up as a sole trader or start a limited company.

His Majesty the King’s speech, at the state opening of Parliament, is a significant event for businesses and financial professionals who rely on Government regulation to function effectively and within the law.

Starting a freelance career marks a significant transition from traditional employment but it’s a decision that many are nervous to make.

There are many financial and legal benefits to being married or in a civil partnership, but one of the most overlooked reasons is the potential for tax relief. This is because, thanks to the Marriage Allowance, where one partner earns…

As a business grows, its accounting needs become more complex and time-consuming.

When it comes to business decisions, taking an objective view is essential. But distinguishing your thoughts from the facts is easier said than done.

In the unpredictable world of business, it’s not uncommon for companies to experience financial losses.

Most businesses are already using cloud accounting software to manage their finances. However, not all of them are taking full advantage of automated processes to streamline their accounting process.

We are now only 100 days away from the Self-Assessment tax deadline on 31 January 2024.