Expenses Archives

How to Manage Cash Flow Effectively in Your Electrician Business

5th September 2025

Running an electrician business in the UK is rewarding but financially demanding. Even with a diary full of jobs, many electricians face the same challenge: cash flow problems.

Common Accounting Questions for UK Small Businesses

2nd July 2025

Running a business comes with plenty of financial responsibilities and just as many questions. Whether you’re a sole trader, limited company, or freelancer, understanding the basics of business accounting is key to staying compliant, efficient, and profitable.

What Work from Home Expenses Can I Claim?

23rd June 2025

With more businesses and employees embracing remote work, the topic of work from home expenses has become increasingly relevant. If you're working from home, it's important to understand which expenses you can claim and how to go about it.

What is Benefit-In-Kind and Company Cars

31st March 2025

Benefit in Kind (BIK) tax applies to employees who receive perks from their employer that have a monetary value—such as a company car. If you drive a company car for personal use, it is considered a taxable benefit, and you'll need to pay BIK tax.

Top 10 Tax Deductions Small Businesses Often Miss

17th January 2025

Maximise your savings with these top 10 tax deductions small businesses often miss. Learn what to claim and reduce your tax bill.

Key Accounting Dates for UK Businesses in January 2025

27th December 2024

We highlight the key accounting dates in January and provide tips on effectively managing your obligations during this important time.

What expenses can I claim as a Sole Trader?

20th December 2024

Discover the business expenses you can claim as a sole trader. From mileage and office supplies to accommodation and training, find out how to reduce your taxable profit

Do I have to complete a Self Assessment tax return?

6th March 2024

Amongst all of the legal documentation that your business needs to operate successfully and within the law, a self assessment is one of the most important.