Companies urged to file accounts early and online to avoid penalties Running your own company can be exciting but also challenging. Directors have lots of responsibilities including keeping company records […]
Check if you need to send a tax return If you normally file a Self-Assessment tax return, you will need to send it to HM Revenue & Customs (HMRC) for […]
The Charity Commission requires that charities registered in England or Wales must send an annual return to report their income and expenditure. The deadline for charities with a standard 12-month […]
Most COVID support grants are treated as taxable income in the same way as other taxable receipts and need to be reported to HMRC. The grants are
If you are self-employed as a sole trader or as a partner in a business partnership, then you must keep suitable business records as well as separate
One of the main areas to consider in deciding how to treat a deductible expense is whether the cost is revenue or capital in nature. There is no single, simple […]
If you use your own vehicle for business journeys, then you may be able to claim a tax-free allowance from your employer known as a Mileage Allowance
HMRC are slowly rolling out their Making Tax Digital (MTD) scheme. Eventually, selected landlords submitting their rental income and outgoings via self-assessment will need to embrace this new MTD
