Practical, plain-English guidance on audit, tax, VAT, accounts and advisory — written by our chartered accountants.
1224 articles · page 7 of 102
AI accounting means using artificial intelligence to do accounting work: categorising bank transactions, reading receipts and invoices, matching payments, flagging anomalies, forecasting cash and…
Read articleA uniform tax rebate is tax relief for employees who pay to clean, repair or replace a uniform or specialist work clothing themselves. Most people claim a fixed "flat rate expense". This is £60 a…
Read articleA company director is the person legally responsible for running a limited company and making sure it meets its legal duties. Every private limited company must have at least one director , and at…
Read articleThe Breathing Space scheme gives someone in problem debt in England and Wales legal protection from their creditors. A standard breathing space lasts 60 days . During that time, interest, fees and…
Read articleFor 2026/27, employees start paying National Insurance on earnings above £242 a week , £1,048 a month or £12,570 a year (the Primary Threshold). Employers start paying at £96 a week or £5,000 a…
Read articleClass 1 National Insurance contributions are the NICs charged on an employee's earnings, paid through payroll. There are two parts. The employee pays primary contributions of 8% on earnings…
Read articleTo check a company name in the UK, use Companies House's free company name availability checker . It tells you whether your proposed name is the "same as" one already on the register, which would…
Read articleAn SDLT return is the form that tells HMRC about a land or property purchase in England or Northern Ireland and works out the Stamp Duty Land Tax due. It must reach HMRC within 14 days of the…
Read articlePetty cash is a small amount of cash a business keeps on the premises to pay for minor expenses, such as postage, parking, milk or a taxi, where raising an invoice or using a card is impractical.…
Read articleSole traders pay income tax and Class 4 National Insurance on their profits , meaning income minus allowable expenses, through Self Assessment. For 2026/27, the first £12,570 of profit is covered…
Read articleThe official cost of probate in England and Wales is a court fee of £526 if the estate is worth more than £5,000, and nothing if it is worth £5,000 or less. That fee rose from £300 on 13 July 2026…
Read articleThe property income allowance is a tax exemption of up to £1,000 a year on gross income from land or property. If your property income is £1,000 or less before expenses, it is tax-free and you do…
Read articleTell us what you need. Within one business day, a qualified accountant will be in touch to talk it through and give you a clear, fixed-fee quote — no obligation.
Fill this in and we'll come back to you within one business day.
A qualified accountant will be in touch within one business day. Prefer to talk now? Call 020 8567 3451.
