What is Capital Allowance?

Minimising tax liabilities is a key concern for UK businesses, and capital allowances provide a valuable way to reduce taxable profits legally. These allowances enable businesses to claim tax relief on qualifying capital expenditures, effectively lowering their overall tax bill.

Managing Taxes as a Digital Nomad

Understanding how to manage your taxes as a digital nomad is essential to avoid legal pitfalls and ensure you're compliant with both UK tax law and the laws of any country you’re working in.

Navigating April 2025 Tax Changes

As we edge closer to the conclusion of the 2024/25 tax year on 5 April 2025, it’s the perfect time to explore the key tax changes set to take effect this year.

Key Accounting Dates April 2025

April is a critical month for UK businesses as the new tax year begins, bringing with it a fresh set of accounting and tax deadlines. Staying on top of key dates is essential to avoid penalties and ensure smooth compliance with HMRC.

How to Register for Corporation Tax in the UK

If you’ve recently set up a limited company in the UK, one of your key responsibilities is registering for Corporation Tax with HMRC. Failure to do so on time can result in fines, so it’s essential to understand the process and deadlines.

How to Account for R&D Tax Credits in Your Limited Company

Research and Development (R&D) tax credits are a valuable incentive for limited companies in the UK that are involved in innovation and technological advancements.

Key Accounting Dates for UK Businesses in March 2025

In this guide, we'll outline the key accounting dates for UK businesses in March 2025, helping you plan ahead and keep your finances in order.

What Is Flat Rate VAT in the UK? Simplified Guide for Small Businesses

The UK’s VAT system can be complex, especially for small businesses juggling multiple tasks. To simplify VAT reporting, HMRC offers the Flat Rate VAT Scheme, which is designed to make life easier for smaller businesses by reducing administrative burden.

Key Accounting Dates for UK Businesses in February 2025

Staying on top of key accounting dates is crucial for any business in the UK. Missing deadlines can result in penalties, interest, or unnecessary stress. In February 2025, several important tax and filing deadlines are fast approaching

Why the 31st January Tax Deadline Is Crucial for UK Businesses

For UK businesses, the 31st January tax deadline is more than just a date on the calendar. It’s a key milestone for compliance with HMRC’s tax regulations.
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