Introduction Did you know that UK businesses paid over £50 million in HMRC payroll penalties last year? That’s not a typo – fifty million pounds in completely avoidable fines. As a Chartered Accountant working with small businesses across Edinburgh and beyond, I see the same payroll mistakes repeated time and time again. The frustrating part? […]
As we approach the October deadline, it’s important for self-employed individuals, landlords, company directors, and anyone with additional untaxed income to get ready for their Self-Assessment tax return. Missing deadlines can lead to penalties, so staying informed and prepared is key. Who Needs to File a Self-Assessment? You must file a return if: You’re self-employed
Self-Assessment Tax Return: What You Need to Know Before the Deadline Read More »
Running a business means lots of little costs that add up. One of the biggest hidden expenses? Travel. Whether it’s visiting clients, delivering products, or networking, every mile you drive can chip away at your profit.The good news is — HMRC allows you to claim Mileage Allowance Relief to cover those costs. And trust me,
A Complete Guide to Mileage Allowance Relief for UK Small Business Owners Read More »