Resources – News & Articles

A selection of business news and articles to help make your business a success

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What Limited Company Expenseses Can You Claim?

What Limited Company Expenseses Can You Claim?

Registering as a limited company can help you minimise your tax burden, provided you go the right way about claiming expenses on your tax return. As such, it’s crucial to understand what you can and can’t claim as a business expense. To give you an introduction to...

Understanding Your Corporation Tax Liability

Understanding Your Corporation Tax Liability

As a limited company, your business is liable for corporation tax, levied on the profits of your company at the end of your financial year. To ensure that you have adequate funds to pay this by the tax return deadline, it’s crucial to understand the ins and outs of...

Paying Too Much Through an Umbrella Company?

Paying Too Much Through an Umbrella Company?

Type ‘Umbrella Company’ into Google and you‘ll come across an array of outrageous claims. 90% take home after tax probably the most popular line put forward. In reality most umbrellas won’t get close to that – unless they’re breaking the law (tax avoidance) – and in...

Startup Contracting: What You Need to Know

Startup Contracting: What You Need to Know

The latest labour statistics show that self-employment is at an all-time high, 4.66 million people now making a living this way. Tens of thousands take the plunge every month, swelling the ranks of the self-employed - contracting one of the most popular options for...

How to avoid penalties and fines from missing VAT deadlines

How to avoid penalties and fines from missing VAT deadlines

When you first start out in your business endeavour it can be easy to forget the importance of staying on top of your taxation matters – not solely for your payroll and personal income tax, but also for your ever important VAT deadlines. Missing these comes with harsh...

What You Need to Know about IR35: Employee or a Limited Company?

What You Need to Know about IR35: Employee or a Limited Company?

IR35 is one of the most crucial pieces of tax legislation for people who work as a contractor. But how many know exactly what it is and its implications? Assuming that many aren't aware of this piece of tax legislation and how it will affect their work, in this...

How to Improve Your Company’s Tax Liability

How to Improve Your Company’s Tax Liability

Incorporation has several benefits not to mention that its owners enjoy limited liability. However, one very important reason to consider incorporation is positive tax results. Setting up an incorporated company means that you can enjoy several tax benefits. Following...

Do You Have Enough Money Set Aside to Pay Your Taxes?

Do You Have Enough Money Set Aside to Pay Your Taxes?

Individuals starting out a new business often find themselves asking one question: How much money do I set aside for my business taxes? For those who have spent a few years in developing their business, you have a good feel about how much money you should set aside to...

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