How do HMRC define “wholly and exclusively” for tax purposes
Not sure if a business cost is deductible? HMRC’s ‘wholly and exclusively’ rule is the...
Using your own car for work purposes
Using your own car or bike for work travel? You may be able to claim...
When you cannot charge VAT
Not all goods and services carry a 20% VAT, knowing the right rate can save...
How to pay corporation tax online
Paying Corporation Tax? Always use the correct reference or risk delays and penalties.
To pay Corporation...
What insurance cover should a company consider?
Running a small business comes with plenty to juggle, and while insurance might not be...
GOV.UK One Login – enhanced security from 13 Oct 2025
From 13 October 2025, access to Companies House WebFiling will require GOV.UK One Login. This...
Tax Diary October/November 2025
1 October 2025 - Due date for Corporation Tax due for the year ended 31...
VAT late filing penalties
New rules mean late VAT filings and payments now trigger points, fines and interest charges.
The...
Gifts with reservation of benefit
Gifting assets can cut inheritance tax, but traps like “gifts with reservation of benefit” may...
Holding over gains on gifts
Gift Hold-Over Relief is a form of Capital Gains Tax (CGT) relief that allows you...
What counts as working time for minimum wage purposes
Employers must ensure they are paying staff at least the National Minimum Wage (NMW) or...
Why your tax code might change
The letters in your tax code indicate whether you are entitled to the annual tax-free...
Are you selling goods or services on a digital platform?
From 2024, platforms like eBay, Vinted and Airbnb must report seller data to HMRC, so...
Balancing access to justice and abuse of process
An extended civil restraint order (ECRO) was issued against a prolific Employment Tribunal (ET) litigant...
Keeping your best people with flexible working
For many small business owners, finding and keeping good staff is one of the biggest...