Good finance management is essential in any business. While many large corporations need to have strict checks and balances in place to protect budgets and spending, smaller businesses can also face significant challenges.  Small business owners often tend to be…

Whether you are an employer providing a car or an employee accepting one, understanding how this affects your personal taxation is important. It’s an area that has become a little more complicated in recent years because the government is trying…

Let’s face it, nobody likes receiving a fine. Unfortunately for the self-employed and small-business owners, owing to various reasons, a fine could be issued from HMRC (Her Majesty’s Revenue and Customs). Self-Assessment is a system HMRC uses to collect Income…

Self-assessment tax return filing is something that comes around each year. However, despite knowing that it is something we need to think about, even the basics of it need to be considered. Therefore, when it comes to the tax requirements…

IR35 is a piece of tax legislation designed to identify tax-avoiding individuals working as ‘disguised employees’. Someone who provides services to a company via a limited company but appears to be treated as an employee would be can be deemed…