File Accounts Later With a Companies House Filing Deadline Extension

As the owner of a limited company, you’re pulled in a million different directions every day. Especially when it’s time to file your annual accounts and company tax return. While you may have the best intentions of filing your company accounts and return before the filing deadline, sometimes getting this together in time can be […] The post File Accounts...

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How Your Business Structure Affects Your UK Taxes

There’s lots of new water to navigate when you start a business. You will love parts of it, but others will give you a major headache. Figuring out your business structure and how this affects your taxes can sometimes be the latter. Nobody wants to lay awake at night worrying they’re paying more tax than […] The post How Your Business Structure Affects...

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What You Should Know About HMRC Tax Investigations

If you’re chosen for a tax check, you may have to spend hours gathering documents to fulfil HMRC’s request. But this will depend on how well prepared you are. Some types of investigation happen more than others. Income tax and corporation tax aren’t checked very often. But if you’re chosen, being prepared and cooperating can […] The post What You...

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Why Is There a UK Tax Rebate Delay?

It’s a fact: People hate waiting. In a study, nearly 70% of people said the speed of a web page impacts their decision on shopping with an online retailer. And in another, the likelihood of a mobile visitor abandoning a page increases by 123% as page load times rise from 1 to 10 seconds. Unfortunately, […] The post Why Is There a UK Tax Rebate Delay?...

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What You Need to Know About UK Corporation Tax

When you run a limited company, tax time can be hectic. You need to gather all your documents (or work with an accountant or tax professional to do so) and pay the corporation tax bill HMRC has sent you. Not sure what this is, how it’s calculated, or when you need to pay it by? […] The post What You Need to Know About UK Corporation Tax appeared first...

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Claim Tax Relief for Your Job Expenses—12 Expenses Not to Be Missed

What’s the most confusing and stressful part of running a business for small business owners and sole traders? Ask a handful of freelancers that question, and there’s a good chance dealing with self-employment tax, knowing which tax credits count toward tax deductions, and how they can boost their tax refund with any available tax credit […] The post...

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6 Taxes UK Small Business Owners Should Know About

When you decided to start your own freelance business, your friends and family may have said things like, “You’ll pay income tax by yourself.” Or, “One day you’ll register for corporation tax.” But do you know what terms like these even mean? There are some key differences between filing taxes as a sole trader, in […] The post 6 Taxes UK Small Business...

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How to Reduce Your Self-Employed Tax Bill in the UK

Tax time isn’t a particularly fun time for anyone, but it can be especially tough when you’re self-employed. The filing process can feel confusing and you’re now facing the reality of how much of your income is going towards your taxes when you file your income tax return. If you earn a living from being […] The post How to Reduce Your Self-Employed...

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A Guide to UK Corporation Tax Relief

As the owner of a limited company in the United Kingdom, you’re entitled to claim corporation tax relief to reduce the amount of tax you pay to the government. Businesses of all sizes can file for tax relief as part of their annual filing process. We’re breaking down everything you need to know about corporation […] The post A Guide to UK Corporation...

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Top 10 New Product Updates in FreshBooks for Accountants and Bookkeepers

In the event that you haven’t been diligently following every FreshBooks product release and update over the past year, no worries. Here’s a handy roundup of what’s new, like easy-as-pie OCR receipt scanning and a host of bank rec improvements. And that’s just the tip of the iceberg. We are always enhancing our software. Bookmark […] The post Top...

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