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What is a holding company, how to set one up, tax benefits, asset protection, and whether it suits your business in 2026.
A complete guide to the financial documents UK company directors need to secure a residential mortgage. Learn about SA302, company accounts, and more.
The Autumn Budget 2025 brought significant changes. As of 2 January 2026, operators must charge 20% VAT on full fare - no more TOMS scheme. Learn what this means for your business.
Understanding VAT requirements for immigration and asylum cases. Learn when VAT applies, the 'outside the scope' distinction, and HMRC compliance for law firms.
Complete guide showing 7 practical places to find your company UTR for Corporation Tax. Check HMRC letters, CT600s, payment refs, or request a reissue.
HMRC guidance for UK security firms on subcontractor tax compliance. Learn how to meet PAYE rules and avoid penalties before 3 August 2025.
10 reasons for 2024/25: £1k self-employment, partnerships, property £2.5k/£10k, HICBC £60k (up from £50k), CGT, foreign, £150k rule removed, expenses, VCT/EIS/CITR reliefs.
Record keeping mandatory, bookkeeping optional but recommended. HMRC EM4650 £3k penalty. Xero/QuickBooks/Excel. DIY vs AAT professional. VAT £85k. Audit trail protection.
11-character personal code (FT5-15ED-7JY5) required to file CS01. ECCTA 2023. GOV.UK One Login or ACSP. Cannot file until all directors verified. Criminal offence if delayed.
8 essential documents: Bank statements 5-6 years, PayPal, eBay reports, invoices, expenses, VAT MTD. Digital Platform Reporting OECD. £90k VAT threshold. Badges of Trade.
HMRC has no official search by name. Use VAT-Lookup.co.uk, VATNumberFinder.com, website footers. £90,000 threshold. Always verify with GOV.UK official checker.
Personal Savings Allowance: £1,000 basic rate, £500 higher rate. HMRC gets BBSI return. £10,000 threshold. PAYE tax code adjustment explained.
Thousands of Uber/Bolt drivers receiving HMRC letters. Connect system matches data from platforms, banks, social media. Make disclosure to avoid penalties. Don't ignore.
Got a penalty warning? Act within 28 days! File CS01 confirmation statement (£34) or annual accounts. Avoid £10k fine, prosecution, company struck off.
Complete 14-step checklist: market research, product sourcing, business structure, insurance, taxes, VAT £90k threshold, bookkeeping, Consumer Rights Act compliance.
12 HMRC-approved tax saving tips for eBay sellers. Business structure, mileage 45p, home office, spouse salary £12,570, pension contributions. Legal ways to reduce tax.
Should you be a sole trader or limited company? Compare tax rates: Corporation tax 19-25% vs income tax 40-45%. £50,270 threshold guide for eBay sellers.
Maximise your eBay profit by claiming every allowable expense. Learn what you can claim: eBay fees, packaging, postage, home office, mileage (45p), capital allowances.
Get FreeAgent accounting software FREE with Mettle, NatWest or RBS business account. Cloud bookkeeping, invoicing, MTD compliance for Milton Keynes freelancers and businesses.
Complete guide to HMRC's Payment on Account. Deadlines: 31 Jan & 31 July. Learn how to calculate 50% advance payments, reduce payments, and avoid penalties.
Legally reduce your VAT bill with proven strategies. Learn about VAT schemes (cash accounting, flat rate), input VAT claims, bad debt relief, and smart planning.
Compare 4 registration options: DIY Companies House (£50), formation agents, accountants, or FREE registration with Taxwise - you only pay the official fee.
Lost your UTR? Find your 10-digit Unique Taxpayer Reference in HMRC letters, online account, old tax returns, or learn how to register for a new one.
Accountants charge £150-£500+ for Self Assessment in 2025. Compare transparent pricing, understand what affects costs, and get fixed-fee quotes.
Complete 15-step guide covering business structures, HMRC registration, £1,000 trading allowance, marketing, legal requirements and more to launch your UK side hustle.
HMRC is targeting UK landlords with undeclared rental income in 2025. Learn about penalties up to 200%, Airbnb data-sharing, and how to voluntarily disclose.
Get FreeAgent accounting software free for your Luton business. Save £396/year with Mettle, NatWest or RBS accounts. Perfect for Luton freelancers and traders.
The UK VAT registration threshold for 2025-2026 is £90,000. Learn when you must register for VAT, how to calculate turnover, and voluntary registration benefits.
Complete guide to VAT record-keeping requirements for UK limited companies. Learn about VAT invoices, purchase records, Making Tax Digital, and retention periods.
Essential guide to record-keeping for non-VAT registered limited companies. Learn what documents you must keep for HMRC compliance and how long to retain them.
Wondering if you need to pay tax on eBay income? Learn about eBay tax rules, when occasional selling becomes trading, and how HMRC and eBay share data.
Save £33/month on cloud accounting software. FreeAgent is free with Mettle, NatWest or RBS business accounts. Learn how to claim your free account.
Learn how to reduce tax legally on your side hustle with smart planning. HMRC-compliant tips for saving tax and managing a profitable side business.
Learn how to structure your side hustle or side business. Explore tax advantages and disadvantages of sole trader, partnership or limited company options.
From April 2025, working carers can earn up to £196/week and still claim Carer's Allowance. Learn about eligibility and key updates.
HMRC guidance for UK security firms on subcontractor tax compliance. Learn how to meet PAYE rules and avoid penalties before 3 August 2025.
Analysis of PM Keir Starmer's 35% effective tax rate vs Rishi Sunak's 22.8%. Learn how multiple income streams affect your UK tax position.