What is Corporation Tax
Corporation Tax explained. Find out more about who pays Corporation Tax, how it is calculated and when your small business will have to start paying it...…
Tax
For extensive small business tax advice, the articles in this section are an essential read. From which records to keep, VAT registration, tax year dates and tax obligations, this section has all the answers to your business tax questions.
What is VAT and how does it affect my small business?
A beginner's guide to value added tax (VAT), when to register, the rates, output and input tax, deregistration, and the Cash Accounting Scheme…
What is the VAT threshold and when do you need to register for VAT?
A small business guide to valued added tax (VAT), voluntary and compulsory VAT registration, the VAT threshold and the different rates to be aware of…
Late tax return penalties: Fines for not filing
Ahead of the self-assessment deadline on January 31, this is the cost of missing the tax return due date…
Key business tax changes for the new tax year
What changes to the UK tax system will affect businesses across the country from April onwards?…
Self-employed expenses: exactly what allowable expenses do you get?
From household bills to travel, find out what business expenses you can claim…
Dividend tax changes: What business owners really think
Osborne's controversial dividend 'tax allowance' comes into effect from April 6. Startups finds out why many entrepreneurs aren't happy with the reform…
Watch out for new reforms to dividend taxation…
Following George Osborne’s announcement in the Summer Budget, find out what the dividend ‘tax allowance’ really means for small businesses...…
VAT: Optional flat rate scheme
What is the flat rate scheme and will it benefit your business? We look at the trades it applies to and how much VAT you'd have to pay…
Self-assessment tax returns: the common mistakes to avoid
Seven of the most common errors small business owners make when completing their self-assessment forms…
How to register for VAT
A step-by-step guide to the VAT registration process, from creating an account with HMRC online to reclaiming VAT on historic goods and services…
10 essential tax return mistakes to avoid
Make sure you file a faultless tax return by steering clear of these common errors…
The HMRC clampdown: What you need to know
Startups examines the government's drive for tighter bookkeeping…
Business owners plan to take special dividends before April tax hike
21% of UK entrepreneurs plan to decrease their dividend pay-outs once the chancellor's tax changes come into effect…
What to do if you’ve missed the self-assessment deadline
What to do if you have a reasonable excuse for not filing your tax return on time and how to avoid further financial penalties…