The autumn budget was one of the most anticipated in recent memory. Employers National Insurance is set to rise from April 2025, with inreases to CGT (including BADR) and other taxes. Read the key points here.| ByteStart
If you are setting up a limited company for the first time, here is an overview of how corporation tax works, including details on the 2023 tax hike.| ByteStart
If you start a business as a sole trader, you need to set up an accounting system to record your income and expenses, and work out how much tax to pay.| ByteStart
If you’re new to self-employment, setting up as a sole trader is the easiest way to go. The registration process is simple, there’s almost no paperwork involved, and you don’t have to pay any registration fees.| ByteStart
VAT is one of the more complex accounting practices a business must undertake, which is why it can help to simplify it as much as possible. The Flat Rate| ByteStart
With the complexity of the VAT laws it's understandable that businesses make mistakes on their VAT returns. However, these mistakes can be very costly| ByteStart
In this guide, we look at the taxes the self employed pay. We also look at some common mistakes to avoid when it comes to dealing with HMRC.| ByteStart