The Beginners Guide to Capital Allowances

The Beginners Guide to Capital Allowances

When you purchase assets for your business, you can lower your tax burden by claiming capital allowances. These might be business vehicles, computers, machinery, or software development. Capital allowances are an essential aspect of corporate tax regulations because...
Different types of Capital Allowances

Different types of Capital Allowances

Different Types of Capital Allowances Capital allowances are a (horrendously) complex area of UK tax, but claiming allowances wherever possible can help a business to make a big dent in its tax bill. To make things extra confusing, there are different types of capital...
VAT For Businesses

VAT For Businesses

VAT isn’t the easiest concept to grasp, and the language may make it appear much more difficult. To help you make sense of it all, we explain what HMRC means by some of the most used VAT lingo. 12-Month Period This is the rolling 12-month period before this...
The Beginners Guide to Capital Allowances

The Beginners Guide to Capital Allowances

When you purchase assets for your business, you can lower your tax burden by claiming capital allowances. These may include business automobiles, computers, machinery, or even software development. Capital allowances are an essential aspect of corporate tax...
What is VAT?

What is VAT?

The majority of people have heard of VAT. What many people do not realise is that VAT accounts for one-third of all government revenue. So, in fact, it impacts not just businesses, but each of us on a daily basis, in numerous transactions that we do (both online and...