Making accounting simple & easy to digest

We know how challenging it can be to manage a business, not to mention your finances. So, we’ve put some of our knowledge, tips and insights into one place, so you can tap into the info you need, exactly when you need it.

Taxpayer Fights Nearly £1,000 in Penalties Despite Owing No Tax! Tribunal Rules Against ‘Busy Mum’ Caught in HMRC’s Digital Net

In a recent tribunal case, a taxpayer, Amber Awan, found herself battling almost £1,000 in late filing penalties imposed by HMRC. Despite ow

Understanding the Tax Implications of Christmas Parties and Gifts for UK Business Owners

Unwrap the tax implications of Christmas parties and gifts for UK business owners. From staff events to client gifts, stay tax-savvy this ho

Caught in the Tax Net: HMRC Prevails in High-Income Child Benefit Case Against Mum

Learn how a high-income earner's lack of awareness about the Higher Income Child Benefit Charge led to unexpected tax liabilities.

Tribunal Rules Against Director’s Plea Over Language Barrier and Postal Issues – Is This a Fair Verdict?

Did the tribunal fairly rule against the director's plea over language barrier and postal issues in this tax compliance case? Read more.

Couple's £8,310 Stamp Duty ‘Savings Scheme’ Backfires: Tribunal Rules Against DIY Tax Hack!

Discover how a couple's attempt to save on Stamp Duty backfired, leading to an £8,310 bill. Learn the risks of DIY tax hacks on property pur

Do I Still Have to Pay Tax in the UK if I Leave the Country?

Wondering if you still have to pay tax in the UK after leaving the country? Learn about tax residency, double tax treaties, and UK income ob

Small Business Scores Victory Against HMRC: Tribunal Sides with Jewellery Seller Over VAT Confusion

Jeweller Triumphs in VAT Tribunal Case Against HMRC Miscommunication

What is the National Insurance Employment Allowance?

Discover how the National Insurance Employment Allowance benefits small businesses, reducing NICs by up to £10,500 annually.

Homeowner Hit with £1.2 Million SDLT Bill Over 'Mowing Fields' Property Use!

Discover how a homeowner's 'mowing fields' property use led to a staggering £1.2 million stamp duty bill.

Caught in a Tax Trap: Tribunal Ruling Leaves Taxpayer Facing £1,300 Penalty Despite Claims of System Errors

Uncover the tribunal case that left a taxpayer facing a £1,300 penalty despite claims of system errors.

Government Publishes Summary of Responses on Taxation of Employee Ownership and Benefit Trusts

The government has released a detailed summary of responses regarding the taxation of Employee Ownership Trusts and Employee Benefit Trusts

Can I claim my lunch as a business expense?

Understanding Business Expenses and HMRC’s Rules HMRC only allows business expenses that are "wholly, exclusively, and necessarily" for...

How Changes to Employer's National Insurance Impact Sole Directors Running Payroll as a Tax-Saving Strategy

Discover how recent changes to Employer's National Insurance impact sole directors using payroll for tax savings.

Understanding the Difference Between Gross Sales and Net Sales

For many small business owners, especially those starting out, understanding the distinction between gross sales and net sales is...

Understanding Payments on Account

Self-assessment tax returns are a vital aspect of the UK tax system for anyone who is self-employed, runs their own business, or has...

Everything You Need to Know About UK Corporation Tax: A Comprehensive Guide

Learn everything about UK corporation tax, from rates and deadlines to deductions and allowances. A comprehensive guide for small business

Inheritance Tax for Married Couples: What You Need to Know

Inheritance tax (IHT) is a tax on the estate (the property, money, and possessions) of someone who has died. It’s a significant concern...

The Tax Implications of Earning Over £100,000 in the UK

Reaching an income of over £100,000 is a significant milestone, but it comes with important tax considerations that can affect how much...