Sole Trader vs Limited Company

Sole trader or limited company? It is one of the most important decisions a UK business owner will make. This post looks at some of the key differences, covering tax rates, National Insurance, dividend rules, legal liability, Making Tax Digital, and when incorporation is likely to save you money.

Key Accounting Dates June 2026

Stay on top of your tax obligations with our complete guide to the key accounting dates for June 2026, covering Corporation Tax, PAYE, VAT, CIS, and payrolled benefits deadlines.

What Is the VAT Reverse Charge?

The VAT reverse charge shifts responsibility for accounting for VAT from the supplier to the customer. This guide explains how it works, who it applies to, and what UK businesses need to do to stay compliant.

How Do I Find My Corporation Tax Number?

Every limited company in the UK has a Corporation Tax number, also known as a Unique Taxpayer Reference or UTR. You need it to file your Company Tax Return, pay Corporation Tax, and deal with HMRC. This guide explains exactly what it is, where to find it, and what to do if it has been lost.

What are Fixed Term Contracts – Understanding Their Duration and Termination

Fixed term contracts are a common tool for UK employers, but they carry the same legal weight as permanent employment. This guide explains how fixed term contracts work, what rights employees hold from day one, how the four-year rule operates, and what your obligations are when a contract ends or is not renewed – updated for the April 2026 Employment Rights Act changes.

The Tax Implications of Selling Your Business

Selling a business is one of the most significant financial events in an entrepreneur's life, and the tax implications can be substantial. This post looks at what UK business owners need to know about Capital Gains Tax on a business sale, including Business Asset Disposal Relief, the current 2026/27 rates, share sales versus asset sales, earn-outs, and the planning strategies that can help reduce your overall liability.

How to Manage Business Expenses on the Go

Managing business expenses on the go doesn't have to mean lost receipts and end-of-month headaches. This guide covers the practical tools available to UK business owners, directors, and employers - from receipt capture apps and mileage trackers to cloud accounting integration - so every allowable cost is recorded accurately, compliantly, and with minimal effort.

What Is a Balance Sheet and How Do You Read One?

If you run a limited company, your balance sheet is one of the most important documents your business produces - yet it is often the least understood. This guide explains what a balance sheet is, how to read each section, and what your figures tell you about the financial health of your business.

Are You Ready for MTD for Income Tax?

Making Tax Digital for Income Tax becomes mandatory from April 2026 for many UK sole traders and landlords. This guide explains who is affected, what changes, and how to prepare early to avoid penalties and stay in control of your finances.

Key Accounting Dates April 2026: Important UK Tax Deadlines for Your Business

April 2026 is one of the most important months in the UK tax calendar. From Corporation Tax payments and VAT returns to the start of Making Tax Digital for Income Tax and sweeping changes to Inheritance Tax reliefs, there is a lot to stay on top of. This guide covers every key deadline and new measure, with add-to-calendar links for each date.
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