What Do I Need for a Company Tax Return?

Corporation Tax is a necessary evil when it comes to running a limited company. To pay the right amount of Corporation Tax, you’ll need accurate financial records so that the information you provide in your company tax return is correct. Who has to file a company tax return? Limited companies must submit a company tax…

Which VAT Scheme Should I Use?

Which VAT Scheme Should I Use?

The VAT accounting scheme that you use can simplify how you work out your VAT, and even enhance your cash flow. Some schemes do have eligibility restrictions, or you might choose a particular scheme to suit your needs. In this article we give an overview of the different types of VAT schemes available, to help…

Accountants, Are You Talking To Your Clients About MTD for Income Tax?

Accountants, Are You Talking To Your Clients About MTD for Income Tax?

Let’s start this with another question. Should you be talking to your clients about Making Tax Digital for Income Tax? Guidance around it is still fairly generic, so it’s difficult to offer clients much in the way of detail. But, the internet is slowly filling with articles rehashing what little is known about it. As…

The Benefits of Submitting Self Assessment Sooner Rather than Later

Completing a self-assessment tax return isn’t something that many businesses look forward to, but that doesn’t mean that it always has to be stressful. Although there are other priorities to juggle, there are plenty of reasons to get ahead and complete a return sooner rather than later. Why submit a tax return earlier? There are…