From 1 March 2021, the domestic reverse charge must be used for most building and construction services supplies. This does not include building materials. Therefore, if your business only [...]

The Construction Industry Scheme (CIS) is a tax collection framework operated by HMRC to minimise tax evasion across the UK construction sector. Under the scheme, contractors deduct tax at source [...]

Transferring shares in a private limited company is a task carried out frequently in business—yet it is rarely done properly with the correct legal planning, documentation, and tax [...]

The Role of a Business Accountant One of the most misunderstood aspects of starting or running a company is knowing what small business accountants are actually expected to do. For many business [...]

Understanding Tax-Free Mileage Rates Claiming mileage for business travel carried out in your personal vehicle is a standard part of working life. To reimburse employees tax-free for the costs of [...]

Working from home has become the latest craze borne out of necessity, with some (like me) doing it only when I absolutely have to and others relishing the opportunity to balance their work and [...]

The moral and social benefits of donating to charity are endless, and how you choose to support your favourite causes is a deeply personal decision. However, as business accountants and tax [...]

As accountants for small businesses, we understand that there are detailed advantages and disadvantages to incorporating a small business. In this blog, we’ll cover the main financial and [...]

Being experienced year-end accountants, a frequently occurring issue we see with our clients is where they go from paying one self-assessment tax amount in January each year to one in January and [...]

When you set up a new Xero accounting software account, you’ll notice a prompt at checkout asking if you have a discount or promo code. Naturally, it makes most business owners pause and search [...]