Got a Side Hustle? HMRC’s New 2024 Rules Could Affect You!
It’s time to thing about declaring your side hustle earnings as the UK's HM Revenue and Customs (HMRC) is introducing new rules to address undeclared income from side hustles. Effective…
Tax planning in uncertain times -we need to talk about tax
We live in what might be seen as ‘interesting times’. UK politics is going through a turbulent and unpredictable time at present, leading to unforeseen changes to tax legislation, business…
Buy an electric car on the business?
Having a company car used to be seen as a considerable perk. But in recent years it's become less clear whether having a conventionally powered company car as part of…
Save tax on your Asset Purchases
Generally speaking, the business expenses you incur are allowable against your profits. But when it comes to fixed asset purchases (things like machinery, equipment or vehicles), these purchases are treated…
VAT for Small Businesses Explained
https://youtu.be/tmP7-f00JzE Value-add tax (VAT) is a consumption tax that's levied on goods that have had value added at each stage of the supply chain. Most businesses with annual sales of…