Why the Two Year Accounts Rule is Not Actually a Rule?
Ask most new business owners when they can first apply for a mortgage and the answer comes back the same way every time: two years of accounts, minimum,…
Articles, insights and expert commentary covering Tax & Accounting in the UK.
Ask most new business owners when they can first apply for a mortgage and the answer comes back the same way every time: two years of accounts, minimum,…
Most people know about the Personal Allowance and ISA limits, but there’s a whole range of tax reliefs that go unclaimed every year. Whether you’re employed, self-employed, or retired, you’ll likely be missing out on at least…
For many families in the UK, home ownership is more than just a place to live. It’s a legacy, a source of pride, and often the largest financial…
Have you ever looked at your payslip and been surprised to see the tax code 0T W1 listed against your name? Do you wonder why more money is…
Last reviewed: 10 August 2026. Making Tax Digital (MTD) is HMRC’s system for requiring certain taxpayers and businesses to keep specified tax records digitally and use compatible software…
Are Inheritance Tax Reforms Under Rachel Reeves Putting the UK’s Family Businesses at Risk? As the UK navigates a shifting economic landscape, recent changes to inheritance tax policy…
Freelancers, sole traders and small business owners just starting out have enough on their plate to worry about without having to consider taxes on top. Yet taxes are…
Corporation tax is an essential element of running a business in the UK, yet it can often seem complex and daunting. Whether you’re a new business owner or…
Last reviewed: 30 July 2026 Submitting a VAT return may appear complicated when a business first becomes VAT registered. However, the process becomes much easier when sales, purchases…
If you’re self-employed, in a business partnership, or earning income outside the PAYE system in the UK, you need to be registered for self-assessment with HMRC. One essential…