Category: Business Advice

Getting paid on time is key to good cash flow. We share the correct way to bill your customers and get those invoices paid on time.

Started a side hustle? We look at hobby business tax rules, who they apply to and how to complete a self-assessment tax return if you exceed the threshold.

As with all tax rules, there are legal options that you can take advantage of to reduce your liability. Planning these in advance can make a huge difference and give you peace of mind. We look at what inheritance tax is, how it’s calculated and when business property relief applies.

We look at what the pros and cons are for buying an electric car through your business and what factors you need to take into consideration.

We look at a range of ways you can legally take money out of a limited company and how splitting your income between the different options available can be more tax efficient.

We look at what qualifies as exempt input tax and exempt supplies and how this affects partial exemption calculations.

Updated Guide for 2022 on the basic principles of self-assessment and how to submit your tax return